1751 Alma St, Palo Alto, CA 94301

1751 Alma St is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California.

Situated on a 6,988 square foot parcel of land, the subject property was originally constructed in 1951 and features a gross building area of approximately 1,716 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. Tenants at 1751 enjoy convenient amenities including air conditioning, in-unit W/D and private patios. Additionally, 1751 Alma St offers tenants convenient property amenities including gated access and private garage parking with attic space.

1751 Alma St is well-positioned in one of the Bay Area's most dynamic and desirable cities. Located within walking distance to the world-class Stanford University, the subject property benefits from a strong renters market allowing for strong demand and high prices for rental rates. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability.com list of "Top 100 Best Places to Live" in America.

The investment appeal of this property is driven by Palo Alto's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1751 Alma St presents an attractive choice for renters due to its close proximity to prestigious schools, major employers, shopping, dining and entertainment options.