Sold
3553 Alma ST
PALO ALTO CA, 94306
$6,070,000
$505.41 per sqft
Sold
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
December 18, 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 |
---|---|---|
12/18/2024 | Sold | $6,070,000 |
10/22/2024 | Pending | — |
10/10/2024 | Under contract | — |
Listed by Marcus & Millichap, Eymon Binesh, Robert Johnston
Listing Contact: 6505461030
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Data last updated 10:39 PM UTC, 12/18/2024