1111 Alma St , Palo Alto, CA 94301
$2,698,000
Est. Payment: $13,999.34/mo
3 Bed
2 Bath
1107 Sqft
0.13 Acres
Status: active | Days on site: 4
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ML37680 - ML5066473
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House 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.

Highlights

Listed by Ryan Eltherington , 650-492-0088 Midtown Realty , (650) 321-1596. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.13

Year Built

1923

County

Santa Clara

Area

699 - Not Defined

School District

Palo Alto Unified

Listing ID

ML82063935

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Refrigerator, Range Hood
Air Cond:Central Air
Fireplaces:
Floor:Wood
Other:
  • ▪ Additional:Walk-In Closet(s)
Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:2
Zoning:R1
Roof:Composition,Shingle
Sewer:Public Sewer
Parking Features:Electric Vehicle Charging Station(s)
Principal Interest
$13,999
Taxes
$1,720

Home Price

$2,698,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$539,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,999.34

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,999.34 $1,719.98 $0.00 $15,719.32
Yearly $167,992.10 $20,639.70 $0.00 $188,631.80
Total $5,039,762.87 $619,191.00 $0.00 $5,658,953.87

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Current Listings

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Average Price

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Palo Alto, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-08T03:31:47.000Z

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