About 1751 Alma St
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.
Features of 1751 Alma St
| MLS® # | ML82053765 |
|---|---|
| Price | $1,888,000 |
| Square Footage | 1,716 |
| Square Footage | Assessor |
| Acres | 0.16 |
| Year Built | 1951 |
| Type | Multi-Residential |
| Sub-Type | Triplex |
| Status | Contingent |
Community Information
| Address | 1751 Alma St |
|---|---|
| Area | Old Palo Alto |
| City | PALO ALTO |
| County | Santa Clara |
| State | CA |
| Zip Code | 94301 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Garages | Detached Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Ceiling Fan |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Foundation | Concrete Slab |
Additional Information
| Zoning | RM2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Adam S. Levin |
|---|---|
| Office | Marcus & Millichap |
| Contact Info | 650-492-0934 |