Construction
- Number Of Units Total: 4
- Roof: Shingle
- Stories: 1
- Year Built: 1965
- Year Built Details: 2
Measurements
- Building Area Total: 2,577
- Lot Size Area: 10,500
- Lot Size Source: Assessor
- Lot Size Square Feet: 10,500
- Lot Size Units: Square Feet
1061 Alma StreetPalo Alto, CA 94301
For Sale
$3,500,000
Smart Buyer Rebate $35,000
Listed by Ephan Liu
·License #02155256
·Wilbur Properties
·650-741-1466
Last updated July 27, 2026
·Source: MLSListings #ML82053370
Listing Facts
- TypeMulti-family
- NeighborhoodUniversity South
- Days on Prevu24
- Taxes$15,087/year
- Size2,577 sqft
- Price per sqft$1,358
Amenities
- Pets Allowed
- Parking
Location
Mortgage Calculator
Listing History
07/08/2026
Listed by Wilbur Properties
$3,500,000
Property Details for 1061 Alma Street
Exterior
Financial
Residential Income
- Cap Rate: 1.55
- Gross Income: $136,743.00
- Operating Expense Includes: Trash
Taxes
- Parcel Number: 120-30-045
- Tax Annual Amount: $15,087.00
Interior
Measurements
- Living Area: 2,577
Other
Features
- Accessibility Features: Parking
Parking
Parking
- Carport Spaces: 4
- Carport: Yes
- Parking Features: Assigned Spaces, Covered Parking
- Parking Total: 4
Schools
Elementary School
- Elementary School District: Palo Alto Unified
High School
- High School District: Palo Alto Unified
Utilities
Equipment
- Heating: Central Forced Air
- Sewer: Public Sewer
- Utilities: Available - Not On Site
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1061 Alma Street.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 1061 Alma Street.
What are the annual taxes for 1061 Alma Street?
Annual taxes for this multi-family home are estimated at $15,087.
How does 1061 Alma Street compare to other multi-family homes in University South?
This multi-family home is listed 39% below the average price for multi-family homes in University South and has been on the market for 41 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,577 sqft.
1061 Alma Street is a -bedroom multi-family home for sale in Palo Alto CA 94301. Available on Prevu for 24 days at $3,500,000. This home features 2,577 square feet of living space, located in University South. The median listing price for multi-family homes in this area is $3,024,000. The home offers pets allowed and parking. Browse more multi-family home listings in Palo Alto.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 07/27/2026. 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. Properties may or may not be listed by the office/agent presenting the information. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.
Full MLS Disclaimers
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
