Listing Agent: Ryan Eltherington      Broker/Office: Midtown Realty
1111 Alma Street Palo Alto CA 94301
$ 2,888,000
  3   |    2   |    1107 Sq Feet

Listing ID

#ML82036330

Status

Active

Property Type

Single Family Residence

County

Santa Clara

Year Built

1923

Days on website

2

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.
Location
Financial Information
List Price:  $ 2888000
Property Features
Appliances:  Dishwasher, Refrigerator
Flooring:  Wood
High School District:  Palo Alto Unified
Laundry Features:  Outside
Patio And Porch Features:  Deck
Roof:  Composition, Shingle
Water Source:  Public
High School District:  Palo Alto Unified
MLS Area Major:  699 - Not Defined
City:  Palo Alto
Listed By:   Ryan Eltherington   Midtown Realty 
CA Lic#