$2,698,000
1111 Alma Street, Palo Alto, CA 94301
18% below the Palo Alto median of $3.3M (59 active listings)
24% of Palo Alto listings have cut their price · half have been listed 27+ days
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About this home
We are very pleased to present a truly unique residential compound that redefines the standard for flexible living in Palo Alto. The property features a 3-bedroom / 2-bathroom main residence, which has been walled off to create a 2-bedroom / 1-bathroom, and an attached 1-bedroom / 1-bathroom with it's own entrance. This is complemented by two additional detached structures. This rare configuration offers a level of versatility seldom found in the local market, making it an ideal acquisition for buyers looking to maximize both utility and long-term property value. The property's primary appeal lies in its versatility. The two auxiliary structures provide a turnkey solution for a variety of modern living needs, whether you are hosting a multigenerational family or seeking consistent rental income in a high-demand zip code. The ability to separate work, guest, and living spaces within a single lot offers a level of privacy and adaptability that is increasingly essential for the Silicon Valley lifestyle. This is more than a home; it is a strategic asset in one of the worlds most resilient real estate markets. By combining a prime location with a high-density, multi-unit layout, this property represents a premier opportunity for the discerning investor or homeowner.
Property details
- Property type
- Single Family
- Year built
- 1923
- Lot size
- 5,600 sqft
- Parking spaces
- 2
- Stories
- 1
- County
- Santa Clara
- Listed
- today
- MLS #
- 82063935
- Listed by
- Ryan Eltherington · Midtown Realty
Features
- Electric Car Hookup
- Central Forced Air - Gas
- Central AC
- Flooring: Hardwood
- Roof: Shingle
- Roof: Composition
- Construction: Wood Frame
- Skylight
- Utilities: Public Utilities
- Sewer: Sewer - Public
- Water: Public
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Location
Approximate location based on the listing address.


