CA > Palo Alto
Palo Alto, CA 94306,3553 Alma ST
Palo Alto, CA 94306,3553 Alma ST
Palo Alto, CA 94306,3553 Alma ST
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$6,988,000
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3 BD
2.5 BA
12,010 SqFt
Pending

3553 Alma ST Palo Alto, CA 94306

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Ramsin Jacob

Ramsin Jacob

+1(408) 909-0900

UPDATED:

10/22/2024 04:37 PM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 12,010 sqft

Price per Sqft $581

MLS Listing ID ML81979611

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1964

Lot Size 0.588 Acres

Property 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.

Location

State CA

County Santa Clara

Area Midtown

Zoning RM3

Interior

Heating Wall Furnace

Cooling None

Laundry Coin Operated

Exterior

Garage Attached Garage, Carport

Garage Spaces 7.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Wood Shakes / Shingles

Building

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 132-28-078

Security Features None

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)
© 2024 MLSListings Inc. All rights reserved.
Listed by Eymon Binesh • Marcus & Millichap

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Ramsin Jacob

Broker | Developer | Investor | NBA Player Agent | License ID: 02003060

+1(408) 909-0900

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3553 Alma ST