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.
| MLS # | ML82053765 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1951 |
| Days On Site | 76 |
| Listing Provided By | Marcus & Millichap | Adam S. Levin |
| SQ Feet | 1,716 |
|---|---|
| Garage | 3 |
| Building(s) | 2 |
| Zoning | RM2 |
| Acreage | 0.16 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition |
|---|---|
| Foundation Details | Slab |
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Property | 23733 |
|---|
| State | CA |
|---|---|
| County | Santa Clara |
| City | Palo Alto |
| Zip Code | 94301 |
| Area | 699 Not Defined |
| Listing VS Median (in 94301) | |
Price: $1,888,000 low | high Med: $3,850,000 sqft: 1,716 low | high Med: 1,795 $ / sqft: $1,100 low | high Med: $2,607 On site: 76 low | high Med: 38 | |
| State | CA |
|---|---|
| County | Santa Clara |
| City | Palo Alto |
| Zip Code | 94301 |
| Area | 699 Not Defined |
| Listing VS Median (in 94301) | |
Price: $1,888,000 low | high Med: $3,850,000 sqft: 1,716 low | high Med: 1,795 $ / sqft: $1,100 low | high Med: $2,607 On site: 76 low | high Med: 38 | |
![]() | $1,598,0001341 Alma StreetPalo Alto, CA 94301 |