26092617 Alma St

Palo Alto, CA 94306
  • $2,500,000

    Price
  • 8

    Bed
  • 2,232

    SqFt
  • 0.19

    Acre

About the Listing ML5009331 - ML5100314,ML5100317

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 using the pedestrian underpass), is Palo Alto's most historic shopping district, featuring numerous shopping, dining, and professional services. With the heart of Stanford University being just 3-miles away, it offers a wide variety of attractions and experiences, including the Stanford Oval, hiking at the Stanford dish trailhead, and Stanford sports facilities and arenas. The property is strategically surrounded by one of the strongest employment centers in the world, driven by technology, venture capital, healthcare, and higher education.

Listing Highlights for 26092617 Alma St

Status Pending
Days on Site 160
Property Type Multi-Family
MLS ® ML82049055
Year Built 1951
Total Square Footage 2,232
Lot/Acreage 0.19

Interior Details

  • Bedrooms: 8
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: RM3
  • Roof: Flat
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Carport

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13225057
  • Tax Year: N/A

Payment Calculator

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Listing Location

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26092617 Alma St Palo Alto, CA 94306

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Originating MLS: CRMLS

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