Property Details
About this Property
3553 Alma St. represents a rare opportunity to acquire a 14-unit multifamily investment opportunity located in the highly exclusive Palo Alto market. Originally built in 1964, the property is situated on a 25,625 square foot parcel of land with a gross building area of 12,010 square feet. The asset features an ideal unit makeup, including eleven (10) 2-bed/1.5-bath townhomes and four (4) 1-bed/1-bath flats. The asset offers residents close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony, as well as many others. Palo Alto is also home to a myriad of high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others. With a world-class location in the heart of Silicon Valley, 3553 Alma St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
MLS Listing Information
MLS #
ML81979611
MLS Source
MLSListings, Inc.
Interior Features
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Wood
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Attached Garage, Carport, Garage: 7 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Water
Public
Zoning
RM3
Contact Information
Listing Agent
Eymon Binesh
Marcus & Millichap
License #: 02060059
Phone: (650) 546-1030
Co-Listing Agent
Robert Johnston
License #: 01853816
Phone: (650) 391-1744
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 13 | 14 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 1/0 | $2,050 | $2,300 | 4 |
| 2 | – | 2 | 1/1 | $2,600 | $3,350 | 10 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3553 Alma St is a Residential Income in Palo Alto, CA 94306. This 12,010 square foot property sits on a 0.588 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,988,000 and was built in 1964. This address can also be written as 3553 Alma St, Palo Alto, CA 94306.
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This listing information is up-to-date as of October 22, 2024. For the most current information, please contact Eymon Binesh, (650) 546-1030
