For Sale
House for sale at 1061 Alma St, Palo Alto, CA 94301 | MLS# ML82053370 | Listing updated on 2026-10-14
Photo 1 of House for sale at 1061 Alma St, Palo Alto, CA 94301 | MLS# ML82053370 | Listing updated on 2026-10-14
Photo 2 of House for sale at 1061 Alma St, Palo Alto, CA 94301 | MLS# ML82053370 | Listing updated on 2026-10-14
Photo 3 of House for sale at 1061 Alma St, Palo Alto, CA 94301 | MLS# ML82053370 | Listing updated on 2026-10-14
Photo 4 of House for sale at 1061 Alma St, Palo Alto, CA 94301 | MLS# ML82053370 | Listing updated on 2026-10-14
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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

  • Beds Icon4 Beds
  • Beds Icon
    -- Bath
  • Beds Icon2,577sqft

1061 Alma St, Palo Alto, CA 94301

$17,421/moEst:

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  • 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 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

  • Houzeo last checked: 10 minutes ago
  • Listing updated: October 14, 2026 at 4:05 pm
  • Source: California Regional MLS-CA | MLS#: ML82053370 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Santa Clara County

  • City

    Palo Alto

  • Neighborhood

    University South

  • 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

    121

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathroom: --

Interior

  • Sewer

    Public Sewer

  • Cooling

    None

  • Heating

    Central

Construction

  • Year Built

    Year Built: 1965

  • Home type

    Quadruplex

  • Foundation Details

    Slab

  • Roof

    Shingle

Utilities & Energy

  • Parking Features

    Covered, Uncovered

Price History

DateEventPrice

07/07/2026

Source: mls_logoCalifornia Regional MLS-CA #ML82053370

Listed for Sale

$3,500,000

$1,358/sqft

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Nov 07, 2026, 10:00AM 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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