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 (11) 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.
Features
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: Wall Furnace
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Address Map
U.S.
California
Santa Clara
Palo Alto
94306
3553 Alma Street
0
W123° 52' 36.1''
N37° 25' 5.7''
MLS Addon
$0
12,010 Sqft
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: No
7
0
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ML482270

Commercial Sale For Sale Palo Alto

3553 Alma Street, Palo Alto, Santa Clara, California, 94306

25,625 Acre
Visits : 2 in 11 days
$6,988,000
Listing ID #ML81979611
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ML81979611
Price : $6,988,000
Year Built : 1964
Lot Area : 25,625 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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