Pending

Pending (Do Not Show)

3553 Alma ST

PALO ALTO CA, 94306

$6,988,000


$581.85 per sqft

Pending

Pending (Do Not Show)

12,010 sqft

Multi-family

Built in 1964

Listed by Marcus & Millichap, Eymon Binesh, Robert Johnston Listing Contact: 6505461030

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.

ML81979611

MLS ID

September 9, 2024

Listed

October 22, 2024

Updated

Map

3553 Alma ST
PALO ALTO CA, 94306

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.59 Acres


Roof

Wood

School Information

School District

Palo Alto Unified

Other Property Details

Area Name

Midtown


Garage

Yes


Garage Spaces

7


Parking

Attached


Parking Total

7


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

RM3

Listing History

Date

Event

Price

10/22/2024

Pending

10/10/2024

Under contract

Listed by Marcus & Millichap, Eymon Binesh, Robert Johnston
Listing Contact: 6505461030 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Marc Roos & Eric Reitmeir Real Estate | CA DRE #02125453 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:12 PM UTC, 10/22/2024

 

 

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