Property Details
About this Property
1645-1651 Alma St represents a rare opportunity to acquire a 5-unit multifamily investment opportunity located in the highly exclusive Palo Alto market. The property is situated on a large 10,000 square foot parcel of land with a gross building area of 4,336 square feet. The unit layouts feature a 1,000 square foot 2-bedroom single family house in front, with four (4) two-bedroom/one-bathroom floor plans in the rear. 1645-1651 Alma St is well-positioned in one of the Bay Area's most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of Top 100 Best Places to Live in America. The investment appeal of this asset is driven by Palo Altos incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1645-1651 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 #
ML81979614
MLS Source
MLSListings, Inc.
Interior Features
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Shingle
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 2 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Water
Public
Zoning
RM2
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 |
|---|---|---|
| 2 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $2,500 | $3,250 | 5 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1645-1651 Alma St is a Residential Income in Palo Alto, CA 94301. This 4,336 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1961. This address can also be written as 1645-1651 Alma St, Palo Alto, CA 94301.
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This listing information is up-to-date as of October 24, 2024. For the most current information, please contact Eymon Binesh, (650) 546-1030
