$2,750,000

1111 Alma Street, Palo Alto, CA 94301

  • 3 beds |
  • 2 baths |
  • 1,107 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon5,602sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $2,484/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

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.

Listing Status:
Active
Date Added:
February 26, 2026
Data Last Updated:
March 14, 2026 at 1:06PM
Listing Office:
Midtown Realty : 650-321-1596
Listing Agent:
Ryan Eltherington : 650-492-0088
MLS ID:
ML82036330
  • Appliances: Dishwasher
  • Basement: Crawl Space
  • Flooring: Hardwood
  • A/C: Central Air
  • Heating: Forced Air
  • Roofing: Shingle
  • General: 1
  • School District: Palo Alto Unified
  • County: Santa Clara
  • Zoning: R112030043
  • Fencing: Fenced

This listing courtesy of Ryan Eltherington , Midtown Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Addison Elementary School

650 Addison Ave, Palo Alto, CA, 94301

Grades KG-5

0.57 miles away

P

Packard Children's Hospital/Stanford

725 Welch Rd, Palo Alto, CA, 94304

Grades KG-12

1.04 miles away

P

Palo Alto High School

50 Embarcadero Rd, Palo Alto, CA, 94301

Grades 9-12

0.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby