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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1061 Alma Street Palo Alto, CA 94301
$3,500,000 0 beds, 0 baths
2, 577 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

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

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# ML82053370
List price is $3,500,000
Beds: 0
Baths: 0
Built in 1965
2,577 sqft
0.24 acres
Lot size: 0.2410
County: Santa Clara
Zoning: R1
Parking description: Covered,Uncovered
Heating/cooling: None
Heating description: Central
MLS area: 699 - Not Defined

Last Updated: 7/15/2026

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.439090, -122.156559.
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Listing Agent: Ephan Liu
Lic#: 02155256
Broker: Courtesy of Wilbur Properties

Area Map

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Nearby Schools

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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