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Listed by: Ephan Liu (916) 718-8267 DRE #02155256 | Wilbur Properties (650) 847-3800
$3,500,000
Monthly Est:$17,421
4 Beds
-- Bath
2,577sqft
1061 Alma St, Palo Alto, CA 94301
$3,500,000
$17,421/moEst:
Get Pre-Approved
Quadruplex
Built in 1965
$-- HOA
10,500 sqft lot
$1,358/sq.ft
Description
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...
Continue Reading- Houzeo last checked: 24 minutes ago
- Listing updated: August 2, 2026 at 8:56 am
- Source: California Regional MLS-CA | MLS#: ML82053370
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1965
HOA Fees
-
Finished Area
2,577 sqft
Lot Size
10,500 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82053370
MLS Status
Active
Days on Market
75
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathroom: --
Interior
Heating
Central
Cooling
None
Sewer
Public Sewer
Construction
Year Built
Year Built: 1965
Home type
Quadruplex
Roof
Shingle
Foundation Details
Slab
Utilities & Energy
Parking Features
Covered, Uncovered
Price History
| Date | Event | Price |
|---|---|---|
07/07/2026 Source: | Listed for Sale | $3,500,000 $1,358/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 21, 2026, 05:00PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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