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2571 Alma Street, Palo Alto CA 94301
2571 Alma Street, Palo Alto CA 94301
California>Palo Alto>Midtown Palo Alto

2571 Alma StreetPalo Alto, CA 94301

For Sale

$2,200,000

Smart Buyer Rebate $22,000

A rare opportunity just moments from California Avenue and the California Avenue Caltrain station, 2571 Alma Street is a well-maintained Palo Alto triplex offering flexibility, income potential, and an exceptional location. The property features three residencesa two-bedroom, one-bath unit with large private patio and two one-bedroom, one-bath unitseach with dedicated parking.

Ideal for investors, multi-generational living, or an owner-occupant looking to offset their mortgage with rental income, the property offers multiple possibilities for both immediate use and long-term value. Its versatile unit mix makes it an attractive addition to a rental portfolio or a unique opportunity to live in one unit while generating income from the others.

Enjoy convenient access to the shops, restaurants, and cafés along California Avenue, nearby Caltrain, and major Silicon Valley employers. A compelling opportunity to own a multi-unit property in one of the Bay Areas most desirable markets.

Listed by Keerthi Naidu

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License #02221880

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Christie's International Real Estate Sereno

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650-283-2982

Last updated September 15, 2026

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Source: MLSListings #ML82057295

Listing Facts

  • TypeMulti-family
  • NeighborhoodMidtown Palo Alto
  • Days on Prevu1
  • Taxes$16,676/year
  • Size1,822 sqft
  • Price per sqft$1,207

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/15/2026
Listed by Christie's International Real Estate Sereno
$2,200,000
  1. 09/15/2026$2,200,000
    Listed by Christie's International Real Estate Sereno

Property Details for 2571 Alma Street

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Metal
  • Stories: 1
  • Year Built: 1955
  • Year Built Details: 2

Measurements

  • Building Area Total: 1,822
  • Lot Size Area: 6,052
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,052
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.3
  • Gross Income: $99,272.00
  • Operating Expense Includes: Gardener, Insurance, Utilities

Taxes

  • Parcel Number: 132-25-041
  • Tax Annual Amount: $16,676.00

Interior

Features

  • Appliances: Cooktop - Gas, Dishwasher, Washer/Dryer

Measurements

  • Living Area: 1,822

Parking

Parking

  • Carport Spaces: 3
  • Carport: Yes
  • Parking Features: Assigned Spaces
  • Parking Total: 1

Schools

Elementary School

  • Elementary School District: Palo Alto Unified

High School

  • High School District: Palo Alto Unified

Utilities

Equipment

  • Cooling: Window/Wall Unit
  • Heating: Wall Furnace
  • 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 2571 Alma Street.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 2571 Alma Street.

What are the annual taxes for 2571 Alma Street?

Annual taxes for this multi-family home are estimated at $16,676.

How does 2571 Alma Street compare to other multi-family homes in Midtown Palo Alto?

This multi-family home is listed 8% below the average price for multi-family homes in Midtown Palo Alto and has been on the market for 54 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 1,822 sqft.

2571 Alma Street is a -bedroom multi-family home for sale in Palo Alto CA 94301. Listed on Prevu for 1 days at $2,200,000. This home features 1,822 square feet of living space, located in Midtown Palo Alto. The median listing price for multi-family homes in this area is $2,898,000. Property amenities include pets allowed and parking. View other 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 09/15/2026. 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.