$2,698,000

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 $2,437/sqft
  • Property List Date Icon Listed 2 months 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:
April 30, 2026 at 1:09PM
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
  • Water: Public
  • Sewer: Public Sewer

This listing courtesy of Ryan Eltherington , Midtown Realty

Monthly Payment

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

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Location

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