3553 Alma Street
Palo Alto, CA 94306
Pending for $6,988,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 25,625 sqft
| MLS | ML81979611 |
| Year Built | 1964 |
| Property Type | |
| County | Santa Clara |
| Status | Pending |
| Pending | $6,988,000 |
| Structure Size | N/A sqft |
| Lot Size | 25,625 sqft |
| Beds | N/A |
| Baths |
Description
3553 Alma St. represents a rare opportunity to acquire a 14-unit multifamily investment opportunity located in the highly exclusive Palo Alto market. Originally built in 1964, the property is situated on a 25,625 square foot parcel of land with a gross building area of 12,010 square feet. The asset features an ideal unit makeup, including eleven (10) 2-bed/1.5-bath townhomes and four (4) 1-bed/1-bath flats. The asset offers residents close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony, as well as many others. Palo Alto is also home to a myriad of high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others. With a world-class location in the heart of Silicon Valley, 3553 Alma St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Listing information courtesy of: Eymon Binesh, Marcus & Millichap 650-546-1030. *Based on information from the Association of REALTORS/Multiple Listing as of 11/28/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Yaretzy Cacho
REALTOR®
Direct: 818.644.1449
Email: Email Me
DRE: 02225447
DRE #01873088
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