We are very pleased to present a truly unique residential compound that redefines the standard for flexible living in Palo Alto. The property features a 3-bedroom / 2-bathroom main residence, which has been walled off to create a 2-bedroom / 1-bathroom, and an attached 1-bedroom / 1-bathroom with it’s own entrance. This is complemented by two additional detached structures. This rare configuration offers a level of versatility seldom found in the local market, making it an ideal acquisition for buyers looking to maximize both utility and long-term property value. The property’s primary appeal lies in its versatility. The two auxiliary structures provide a turnkey solution for a variety of modern living needs, whether you are hosting a multigenerational family or seeking consistent rental income in a high-demand zip code. The ability to separate work, guest, and living spaces within a single lot offers a level of privacy and adaptability that is increasingly essential for the Silicon Valley lifestyle. This is more than a home; it is a strategic asset in one of the worlds most resilient real estate markets. By combining a prime location with a high-density, multi-unit layout, this property represents a premier opportunity for the discerning investor or homeowner.
AGENT: Ryan Eltherington LISTING BROKERAGE: Midtown Realty
Courtesy of Midtown Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1111 Alma ST
Palo Alto, CA
Property Details
Price:
$2,698,000
MLS #:
ML82036330
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Feb 26, 2026
Finished Sq Ft:
1,107
Lot Size:
5,600 sqft / 0.13 acres (approx)
Year Built:
1923
699 – Not Defined699notdefinedPalo Alto Unified
Ask a Question
See this Listing
Schools
School District:
Palo Alto Unified
Interior
Appliances
DW, RF, HOD
Bathrooms
2 Full Bathrooms
Cooling
CA
Flooring
WOOD
Laundry Features
OUT
Exterior
Common Walls
NCW
Parking Spots
2
Parking Total
2
Patio And Porch Features
DK
Roof
CMP, SHN
Window Features
SK
Financial
Map
Community
- Address1111 Alma ST Palo Alto CA
- CityPalo Alto
- CountySanta Clara
- Zip Code94301
