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3213-17 Alma StreetPalo Alto, CA 94306

For Sale

$2,400,000

Smart Buyer Rebate $24,000

Three beautifully remodeled and meticulously maintained apartments, fully leased to high quality tenants! Conveniently located close to California Ave, University Ave, Stanford, Cal-train, and much more. The perfect investment opportunity!

Listed by Katie Tseng

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License #02061293

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Midtown Management Inc.

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650-331-1515

Listed by Joann Weber

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License #01896750

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Midtown Management Inc.

Last updated October 27, 2025

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Source: MLSListings #ML82024810

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth of Midtown
  • Days on Prevu37
  • Taxes$27,228/year
  • Size1,837 sqft
  • Price per sqft$1,306

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

10/31/2025
Status changed to Active
$2,400,000
10/24/2025
Status changed to Removed from Feed
$2,400,000
10/24/2025
Status changed to Active
$2,400,000
10/23/2025
Status changed to Removed from Feed
$2,400,000
10/14/2025
Listed by Midtown Management Inc.
$2,400,000

Property Details for 3213-17 Alma Street

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Composition, Shingle
  • Stories: 1
  • Year Built: 1958
  • Year Built Details: 2

Measurements

  • Building Area Total: 1,837
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,248
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,248
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.38
  • Gross Income: $99,600.00
  • Operating Expense Includes: Gardener, Water/Sewer

Taxes

  • Parcel Number: 132-27-110
  • Tax Annual Amount: $27,228.00

Interior

Features

  • Appliances: Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Flooring: Laminate
  • Interior Features: High Ceiling

Measurements

  • Living Area: 1,837

Parking

Parking

  • Carport Spaces: 3
  • Carport: Yes
  • Parking Features: Assigned Spaces, Covered Parking

Schools

Elementary School

  • Elementary School District: Palo Alto Unified

High School

  • High School District: Palo Alto Unified

Utilities

Equipment

  • Cooling: Window/Wall Unit
  • Heating: Fireplace, Gas, Wall Furnace
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.