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1061 Alma St, Palo Alto, CA 94301

Sqft
2,577

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Listed byWilbur Properties
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Overview

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

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Square feet
2,577
Lot size (acres)
0.24
Year built
1965

Exterior features

Horse amenities
Stable

Utilities

Cooling
None

Taxes

Tax Annual Amount
$15,087

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MLSListings (California) MLS®#: ML82053370 Last checked:

Based on information from the MLSListings MLS. Real estate listings held by brokerage firms other than Wilbur Properties are marked with the Broker Listing Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. 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 deemed reliable but not guaranteed. Copyright © 2026 MLSListings, Inc. All Rights Reserved.