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1111 Alma StreetPalo Alto, CA 94301

For Sale

$2,750,000

Smart Buyer Rebate $27,500

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.

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.