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Listed by Adam S. Levin • Marcus & Millichap, DRE#01462752
$ 2,300,000
Est. payment /mo
New
1751 Alma ST Palo Alto, CA 94301
1,716 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,716 sqft
Price per Sqft $1,340
MLS Listing ID ML82053765
Year Built 1951
Lot Size 6,998 Sqft
Property Sub-Type Triplex
Property Description
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.
Location
State CA
County Santa Clara
Area Old Palo Alto
Zoning RM2
Interior
Heating Wall Furnace
Cooling Ceiling Fan
Exterior
Parking Features Detached Garage
Garage Spaces 3.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Tax ID 124-17-078
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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