2609-2617 Alma Street, Palo Alto, CA 94306
2609-2617 Alma Street, Palo Alto, CA 94306
2609-2617 Alma Street, Palo Alto, CA 94306
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Listed by Matthew Thomson • Compass
$2,500,000
Est. payment /mo
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2,232 SqFt
Active

2609-2617 Alma Street Palo Alto, CA 94306

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,232 sqft

Price per Sqft $1,120

MLS Listing ID ML82049055

HOA Y/N No

Year Built 1951

Lot Size 8,070 Sqft

Property Sub-Type Quadruplex

Source Datashare MLSListings

Property Description

Incredible opportunity for an apartment investor to renovate all units day one. 2609 - 2617 Alma Street presents a rare chance to acquire a 4-unit multifamily property in one of Silicon Valleys most sought-after residential neighborhoods. Located steps from the California Avenue Caltrain Station, the property offers an investor a clear path to renovation and full market-rate stabilization with meaningful upside in a fundamentally supply-constrained market. Redevelopment path also available - Approved development entitlement for 4 detached 3-story townhomes (For Rent homes only - not For Sale project). California Ave, just a couple blocks away (10 min walk or 3 min bike using the pedestrian underpass), is Palo Alto's most historic shopping district, featuring numerous shopping, dining, and professional services. With the heart of Stanford University being just 3-miles away, it offers a wide variety of attractions and experiences, including the Stanford Oval, hiking at the Stanford dish trailhead, and Stanford sports facilities and arenas. The property is strategically surrounded by one of the strongest employment centers in the world, driven by technology, venture capital, healthcare, and higher education.

Location

State CA

County Santa Clara

Interior

Heating Other

Cooling No Air Conditioning

Fireplace No

Building

Water Public

Schools

School District Palo Alto Unified, Palo Alto Unified

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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2609-2617 Alma Street

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