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1751 Alma Street, Palo Alto CA 94301
1751 Alma Street, Palo Alto CA 94301
California>Palo Alto>Old Palo Alto

1751 Alma StreetPalo Alto, CA 94301

For Sale

$1,888,000

Smart Buyer Rebate $18,880

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.

Listed by Adam S. Levin

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License #01462752

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Marcus & Millichap

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650-492-0934

Listed by Robert Johnston

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License #01853816

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Marcus & Millichap

Last updated September 08, 2026

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Source: MLSListings #ML82053765

Listing Facts

  • TypeMulti-family
  • NeighborhoodOld Palo Alto
  • Days on Prevu69
  • Taxes$23,733/year
  • Size1,716 sqft
  • Price per sqft$1,100

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/08/2026
Price Decreased
$1,888,000
07/09/2026
Listed by Marcus & Millichap
$2,300,000
  1. 09/08/2026$1,888,000
    Price Decreased
  2. 07/09/2026$2,300,000
    Listed by Marcus & Millichap

Property Details for 1751 Alma Street

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Composition
  • Year Built: 1951
  • Year Built Details: 2

Measurements

  • Building Area Total: 1,716
  • Lot Size Acres: 0.16
  • Lot Size Area: 6,998
  • Lot Size Source: Other
  • Lot Size Square Feet: 6,998
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.79
  • Gross Income: $91,944.00
  • Operating Expense Includes: Advertising, Maintenance, Trash, Water/Sewer

Taxes

  • Parcel Number: 124-17-078
  • Tax Annual Amount: $23,733.00

Interior

Measurements

  • Living Area: 1,716

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Detached

Schools

Elementary School

  • Elementary School District: Palo Alto Unified

High School

  • High School District: Palo Alto Unified

Utilities

Equipment

  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1751 Alma Street.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 1751 Alma Street.

What are the annual taxes for 1751 Alma Street?

Annual taxes for this multi-family home are estimated at $23,733.

How does 1751 Alma Street compare to other multi-family homes in Old Palo Alto?

This multi-family home is listed 29% below the average price for multi-family homes in Old Palo Alto and has been on the market for 7 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 1,716 sqft.

1751 Alma Street is a -bedroom multi-family home for sale in Palo Alto CA 94301. Available on Prevu for 69 days at $1,888,000. This includes a recent price decrease of $412,000. This property features 1,716 square feet of living space, located in Old Palo Alto. The median listing price for multi-family homes in this area is $5,837,500. 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 09/08/2026. 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. Data Services by Constellation Data Labs. 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.