Skip to main content

Stacey Alysson Melman

1061 Alma ST
Palo Alto, CA, 94301
$3,500,000
Beds
0 Baths
2,577 SqFt
0.24 Acres
Add
MLS #ML82053370 image #0
Located 5 minutes from downtown Palo Alto, 1061 Alma Street presents a rare and exceptionally well-situated investment opportunity. This prime fourplex offers stable cash flow with significant long-term appreciation potential in one of the world’s most desirable real estate markets. The property features a highly functional layout with strong tenant appeal, making it an ideal addition to any investment portfolio or a perfect candidate for a 1031 exchange. Its distinct curb appeal, complete with a classic white picket fence and low-maintenance landscaping, stands out in a high-demand rental corridor Positioned just blocks from University Avenue, residents enjoy immediate access to world class dining, premier retail, and public transit. Proximity to Stanford University, major Silicon Valley tech campuses, and top-tier local schools ensures a consistent, high-quality tenant pool for years to come
AGENT:
LISTING BROKERAGE: Wilbur Properties
1061 Alma ST
Palo Alto, CA

Property Details

Price:
$3,500,000
MLS #:
ML82053370
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
699notdefined
Listed Date:
Jul 8, 2026
Finished Sq Ft:
2,577
Total Sq Ft:
2,577
Lot Size:
10,500 sqft / 0.24 acres (approx)
Year Built:
1965
699 – Not Defined699notdefinedPalo Alto Unified
Ask a Question

See this Listing

Send
  

Schools

School District:
Palo Alto Unified

Interior

Cooling
NO
Heating
CF

Exterior

Accessibility Features
PK
Parking Spots
4
Parking Total
4
Roof
SHN

Financial

Maintenance Fee
$30,984
Taxes
$15,087

Map

Community

Similar Listings Nearby

broker reciprocity
MLS# ML82061589broker reciprocity
3423 Ashton CT
Palo Alto, CA

$4,495,000

2.3 miles away

broker reciprocity
MLS# ML82057732broker reciprocity
711 Farley ST
Mountain View, CA

$4,325,000

4.4 miles away

broker reciprocity
MLS# ML82061014broker reciprocity
203 Santa Margarita AV
Menlo Park, CA

$4,298,000

1.3 miles away

broker reciprocity
MLS# ML82060684broker reciprocity
872 Waverley ST
Palo Alto, CA

$4,298,000

0.3 miles away

broker reciprocity
MLS# ML82060998broker reciprocity
640 N San Antonio RD
Los Altos, CA

$4,200,000

4.0 miles away

broker reciprocity
MLS# ML82053674broker reciprocity
1031 Almanor AV
Menlo Park, CA

$3,998,880

2.3 miles away

broker reciprocity
MLS# ML82061162broker reciprocity
38 Bishop LN
Menlo Park, CA

$3,988,000

2.3 miles away

broker reciprocity
MLS# ML82060527broker reciprocity
545 Pine LN
Los Altos, CA

$3,988,000

3.6 miles away

broker reciprocity
MLS# ML82053346broker reciprocity
52 Murray CT
Redwood City, CA

$3,988,000

4.2 miles away

broker reciprocity
MLS# ML82056781broker reciprocity
2045 Helena WY
Redwood City, CA

$3,950,000

4.0 miles away