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Listed by Adam S. Levin • Marcus & Millichap
$ 2,300,000
Est. payment | /mo
1,716 SqFt
$ 2,300,000
Est. payment | /mo
1,716 SqFt
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
HOA Y/N No
Year Built 1951
Lot Size 6,998 Sqft
Property Sub-Type Triplex
Source Datashare MLSListings
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
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Building
Water Public
Schools
School District Palo Alto Unified, Palo Alto Unified
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745