1061 Alma ST Palo Alto CA 94301 | MLS #ML82053370

1061 Alma ST
Palo Alto, CA, 94301
$3,500,000
Beds
0 Baths
2,577 SqFt
0.24 Acres
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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

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

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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

Market Summary

Current real estate data for Single Family in Palo Alto as of Aug 28, 2026
74
Single Family Listed
44
Avg DOM
1,654
Avg $ / SqFt
$3,467,245
Avg List Price

Property Summary

    1061 Alma ST Palo Alto CA is a Single Family for sale in Palo Alto, CA, 94301. It is listed for $3,500,000 and features 0 beds, 0 baths, and has approximately 2,577 square feet of living space, and was originally constructed in 1965. The current price per square foot is $1,358. The average price per square foot for Single Family listings in Palo Alto is $1,654. The average listing price for Single Family in Palo Alto is $3,467,245. To schedule a showing of MLS#ml82053370 at 1061 Alma ST in Palo Alto, CA, contact your The Knight Group LA agent at 310.409.7242.

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broker reciprocity Courtesy of Wilbur Properties. 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 Knight Group LA include the name of the listing broker. Neither the listing company nor The Knight Group LA 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.
Rover IDX
1061 Alma ST
Palo Alto, CA