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.
Listed by Ryan Eltherington
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License #02003788
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Midtown Realty
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650-492-0088
Last updated March 15, 2026
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Source: MLSListings #ML82036330
Listing Facts
TypeSingle-family
NeighborhoodUniversity South
Bedrooms3
Days on Prevu19
Size1,107 sqft
Price per sqft$2,484
Amenities
Dishwasher
Private Outdoor Space
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
03/13/2026
Price Decreased
$2,750,000
02/26/2026
Listed by Midtown Realty
$2,888,000
Property Details for 1111 Alma Street
Exterior
Construction
Roof: Composition, Shingle
Stories: 1
Year Built: 1923
Year Built Details: 2
Features
Patio And Porch Features: Deck, Fenced, Storage Shed/Structure, Courtyard
Measurements
Building Area Total: 1,107
Lot Size Acres: 0.12
Lot Size Area: 5,600
Lot Size Source: Assessor
Lot Size Square Feet: 5,600
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 120-30-043
Interior
Features
Appliances: Dishwasher, Hood Over Range, Oven Range, Refrigerator, Washer/Dryer
Flooring: Hardwood
Interior Features: Skylight(s)
Measurements
Living Area: 1,107
Rooms
Bathrooms Full: 2
Bedrooms Total: 3
Parking
Parking
Parking Features: Electric Car Hookup
Parking Total: 2
Schools
Elementary School
Elementary School District: Palo Alto Unified
High School
High School District: Palo Alto Unified
Utilities
Equipment
Cooling: Central Forced Air
Heating: Central Forced Air - Gas
Laundry Features: Inside
Sewer: Public Sewer
Utilities: Public Utilities, Water - Public
Water Source: Public
Frequently Asked Questions
How many bedrooms does this single-family home have?
There are 3 bedrooms in this single-family home at 1111 Alma Street.
Does this single-family home have parking?
Yes, there are 2 parking spaces available for 1111 Alma Street.
How does 1111 Alma Street compare to other single-family homes in University South?
This single-family home is listed 50% below the average price for single-family homes in University South and has been on the market for 47 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 1,107 sqft.
1111 Alma Street is a 3-bedroom single-family home for sale in Palo Alto CA 94301. Listed on Prevu for 19 days at $2,750,000. This includes a recent price decrease of $138,000. This home features 1,107 square feet of living space, located in University South. The median listing price for single-family homes in this area is $3,288,000. Property amenities include private outdoor space, dishwasher, pets allowed, and parking. Browse more single-family home listings in Palo Alto.
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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