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Résumé analytique
Fixer-Upper Opportunity in the Heart of Midtown Palo Alto
2609–2617 Alma Street presents a rare chance to acquire a 4-unit multifamily property in one of Silicon Valley's most sought-after residential neighborhoods. Located steps from the California Avenue Caltrain Station, the vacant property offers an investor a clear path to renovation and full market-rate stabilization —with meaningful upside in a fundamentally supply-constrained market.
• 4 units (2BR/1BA each) —ideal for a renovation-and-hold strategy
• 8,070 SF lot in RM-30 —maximum 5 units per current zoning
• Fully vacant —no tenant relocation costs or rent control obligations
• True “Fixer-Upper”. Property needs substantial renovation to bring it up to rentable condition, and is priced accordingly!
• Redevelopment path also available - Approved development entitlement for 4 detached 3-story townhomes (contact agents for details)
• Carport parking (4 spaces) —1 per unit
• Mostly dual-pane windows throughout
• Concrete slab foundation with wood siding exterior
2609–2617 Alma Street presents a rare chance to acquire a 4-unit multifamily property in one of Silicon Valley's most sought-after residential neighborhoods. Located steps from the California Avenue Caltrain Station, the vacant property offers an investor a clear path to renovation and full market-rate stabilization —with meaningful upside in a fundamentally supply-constrained market.
• 4 units (2BR/1BA each) —ideal for a renovation-and-hold strategy
• 8,070 SF lot in RM-30 —maximum 5 units per current zoning
• Fully vacant —no tenant relocation costs or rent control obligations
• True “Fixer-Upper”. Property needs substantial renovation to bring it up to rentable condition, and is priced accordingly!
• Redevelopment path also available - Approved development entitlement for 4 detached 3-story townhomes (contact agents for details)
• Carport parking (4 spaces) —1 per unit
• Mostly dual-pane windows throughout
• Concrete slab foundation with wood siding exterior
Informations sur l’immeuble
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 2+1 | 4 | - | 56 |
1 1
Assez praticable à pied
50/100
Moyennement adapté aux voitures
70/100
Bons transports en commun
60/100
Moyennement praticable en vélo
70/100
Taxes foncières
| Numéro de parcelle | 132-25-039 | Évaluation des aménagements | 86 312 € |
| Évaluation du terrain | 1 093 381 € | Évaluation totale | 1 179 693 € |
Taxes foncières
Numéro de parcelle
132-25-039
Évaluation du terrain
1 093 381 €
Évaluation des aménagements
86 312 €
Évaluation totale
1 179 693 €
1 sur 14
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2611 Alma St
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