Basics
| Date added Added 2 hours ago | Category Fourplex | Type Residential Income | Status Active |
| Area 2577 sq ft | Lot size 10500 sq ft | Year built 1965 | Lease term Month To Month |
| Garage spaces 0 | Listing source MLSL | MLS ID ML82053370 |
Description
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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
Location
- County: Santa Clara
Building Details
- Parking spaces: 4
- New construction: No
- Heating: Central Forced Air
- Roof: Shingle
- Parking: Assigned Spaces, Covered Parking
Amenities & Features
- Waterfront: No
- Garage: No
- Attached garage: No
- Fireplace: No
- Private pool: No
- Cooling: None
- Security features: None
- Utilities: Available - Not On Site