$2,750,000
Est. $15,400/mo1111 Alma Street, Palo Alto, CA 94301
About this home
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.
infoProperty Facts
Bedrooms
3
Bathrooms
2
Square Feet
1,107
Lot Size
5,600 sqft
Year Built
1923
Property Type
Single Family Residence
Days on Market
15
HOA Fee
N/A
Garage Total
0
MLS #
ML82036330
chairInterior Details
General Interior
Interior Features
Walk In Closets
Flooring
Wood
Kitchen & Appliances
Appliances
Dishwasher, Refrigerator, Range Hood
Laundry
Outside
Climate Control
Cooling
Central Air
garageParking
Total Parking Spaces
2
Parking Features
Electric Vehicle Charging Stations
deckExterior & Lot
Building & Construction
Patio & Porch
Deck
Foundation
Concrete Perimeter
Roof
Composition, Shingle
Lot & Grounds
Sewer
Public Sewer
Water Source
Public
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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