1751 Alma Street, Palo Alto, CA 94301
- $2,300,000
- 1,716
- SqFt
- List Price
- $2,300,000
- Status
- ACTIVE
- MLS#
- ML82053765
- Year Built
- 1951
- Living Sq. Ft
- 1,716
- Lot Size
- 6,998
- Acres
- 0.16
- Days on Market
- 18
- Property Type
- Multifamily
- Property Sub Type
- Triplex
Property Description
1751 Alma St is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California. Situated on a 6,988-square-foot parcel of land, the subject property was originally constructed in 1951 and features a gross building area of approximately 1,716 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. Tenants at 1751 enjoy convenient amenities, including air conditioning, in-unit W/D, and private patios. Additionally, 1751 Alma St offers tenants convenient property amenities, including gated access and private garage parking with attic space. The investment appeal of this property is driven by Palo Alto's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1751 Alma St presents an attractive choice for renters due to its close proximity to prestigious schools, major employers, shopping, dining, and entertainment options.
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Additional Information
- Taxes
- $28,683
- Heat
- Wall Furnace
- Cooling
- Yes
- Roof
- Composition
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- School District
- Palo Alto Unified
- Attached Structure
- Detached
- Gross Scheduled Income
- $91,944
Listing courtesy of Listing Agent: Adam S. Levin (alevin@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.