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Listed by: Matthew Thomson (650) 515-6555 DRE #01471708, Bryan Danforth DRE #01789680 | Compass (415) 874-5000
$2,500,000
8 Beds
- -- Bath
2,232sqft
26092617 Alma St, Palo Alto, CA 94306
$2,500,000
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Quadruplex
Built in 1951
$-- HOA
8,070 sqft lot
$1,120/sq.ft
Description
Incredible opportunity for an apartment investor to renovate all units day one. 2609 - 2617 Alma Street presents a rare chance to acquire a 4-unit multifamily property in one of Silicon Valleys most sought-after residential neighborhoods. Located steps from the California Avenue Caltrain Station, the property offers an investor a clear path to renovation and full market-rate stabilization with meaningful upside in a fundamentally supply-constrained market. Redevelopment path also available - Approved development entitlement for 4 detached 3-story townhomes (For Rent homes only - not For Sale project). California Ave, just a couple blocks away (10 min walk or 3 min bike us...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1951
HOA Fees
-
Finished Area
2,232 sqft
Lot Size
8,070 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82049055
MLS Status
Active
Days on Market
86
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