26092617 Alma Street, Palo Alto, CA 94306

Palo Alto
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
26092617 Alma Street,Palo Alto, CA 94306
$2,500,000
  • - Beds
  • - Baths
  • 2,232 sq. ft.
  • Multi-family
  • Active
Listed by: matthew thomson, bryan danforth
Office: compass415-874-5000
MLS#:ML82049055
Source:CRMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$1,120.07

About this home

Incredible opportunity for an apartment investor to renovate all units day one. 2609 - 2617 Alma Street presents a rare chance to acquire a 4-unit multifamily property in one of Silicon Valleys most sought-after residential neighborhoods. Located steps from the California Avenue Caltrain Station, the property offers an investor a clear path to renovation and full market-rate stabilization with meaningful upside in a fundamentally supply-constrained market. Redevelopment path also available - Approved development entitlement for 4 detached 3-story townhomes (For Rent homes only - not For Sale project). California Ave, just a couple blocks away (10 min walk or 3 min bike using the pedestrian underpass), is Palo Alto's most historic shopping district, featuring numerous shopping, dining, and professional services. With the heart of Stanford University being just 3-miles away, it offers a wide variety of attractions and experiences, including the Stanford Oval, hiking at the Stanford dish...

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Home facts

  • Year built:1951
  • Listing ID #:ML82049055
  • Added:12 day(s) ago
  • Updated:June 10, 2026 at 10:35 AM

Rooms and interior

  • Living area:2,232 sq. ft.

Structure and exterior

  • Roof:Flat
  • Year built:1951
  • Building area:2,232 sq. ft.
  • Lot area:0.19 Acres
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$1,120.07

Parking

  • Parking description:4 Carport Space(s), Carport
  • Carport spaces:4
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