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$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

3beds
2baths
1,107sqft
$2437/sqft

Open Houses

Sat, Oct 10·1:30 PM – 4:30 PM
Sun, Oct 11·1:30 PM – 4:30 PM

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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.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 10/8/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. MLS Listing #82063935. Listing courtesy of Midtown Realty.