26092617 Alma ST, Palo Alto, CA 94306
26092617 Alma ST, Palo Alto, CA 94306
26092617 Alma ST, Palo Alto, CA 94306
26092617 Alma ST, Palo Alto, CA 94306
26092617 Alma ST, Palo Alto, CA 94306
26092617 Alma ST, Palo Alto, CA 94306
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Jessamine Walker

Jessamine Walker

+1(949) 241-2927
$ 2,500,000
Est. payment | /mo

2,232 SqFt

Save
$ 2,500,000
Est. payment | /mo
Save

2,232 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,232 sqft

Price per Sqft $1,120

MLS Listing ID ML82049055

HOA Y/N No

Year Built 1951

Lot Size 8,071 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM3

Interior

Cooling None

Fireplace No

Exterior

Parking Features Carport

Carport Spaces 4

View Y/N No

Roof Type Flat

Accessibility None

Building

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Palo Alto Unified

Others

Tax ID 13225057

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Matthew Thomson Compass #01471708

Nearby Locations

Jessamine Walker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

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26092617 Alma ST

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