13 photos · MLS data verified October 9, 2026 · Updated every 15 min
$3,500,000
Active
0 Beds·0 Baths·2,577 sqft·10,500 sqft lot·Built 1965
1061 Alma St, Palo Alto, CA 94301
Listed 93 days ago · | MLS# ML82053370
$1,358/sqft
1061 Alma St is a single-level, home in Palo Alto 94301 with 2,577 square feet of living space, built in 1965. It is listed at $3,500,000, or $1,358 per square foot.
Est. $22,069/moP&I $18,161 · Tax $3,646 · Insurance $262 · HOA $0Assumes 20% down ($700,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use a property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
62Active in Palo Alto
9Median DOM, Sep
$2,000Median $/SqFt, 2026
107.8%Sale-to-List, Sep
1.3 moInventory
For HomeownersOwn a home in Palo Alto? Palo Alto homes sold at 107.8% of list price in a median of 9 days in September 2026.See What Yours Would Sell For →
Why This Home Stands Out
🏠
Single Level, , 2,577 sqft
Everything on one floor. Built in 1965.
Best fit forActive BuyersPalo Alto SearchersMove-Up / Move-In
About 1061 Alma St
Located 5 minutes from downtown Palo Alto, 1061 Alma Street presents a rare and exceptionally well-situated investment opportunity. This prime fourplex offers stable cash flow with significant long-term appreciation potential in one of the world's most desirable real estate markets.
The property features a highly functional layout with strong tenant appeal, making it an ideal addition to any investment portfolio or a perfect candidate for a 1031 exchange. Its distinct curb appeal, complete with a classic white picket fence and low-maintenance landscaping, stands out in a high-demand rental corridor
Positioned just blocks from University Avenue, residents enjoy immediate access to world class dining, premier retail, and public transit. Proximity to Stanford University, major Silicon Valley tech campuses, and top-tier local schools ensures a consistent, high-quality tenant pool for years to come
MLS ID #ML82053370, Ephan Liu. Listing provided by Wilbur Properties · MLSListings Inc.
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Property Details for 1061 Alma St
Overview
- Property Type
- Fourplex
- Year Built
- 1965
- Stories
- 1
- Bathrooms
- 0 Full
- Living Area
- 2,577 sqft
- Lot Size
- 10,500 sqft (0.24 acres)
- Price/sqft
- $1,358
- Status
- Active
Interior
- Heating
- Central forced air
- Cooling
- None
Exterior and Parking
- Carport
- 4 spaces
- Roof
- Shingle
- Foundation
- Concrete slab
- Zoning
- R1
Community and HOA
- Utilities
- Available not on site
- County
- Santa Clara
- City
- Palo Alto
- ZIP Code
- 94301
Schools
- School District
- Palo Alto Unified
- Palo Alto Schools
- View Palo Alto schools
Listing
- MLS Number
- ML82053370
- Listed
- July 8, 2026
- Days on Market
- 93
- Listing Agent
- Ephan Liu
- Listing Brokerage
- Wilbur Properties
- Data Verified
- October 9, 2026
Source: MLSListings Inc. School attendance boundaries are set by the district and can change; verify directly with the district.
Free from Aegis · Updated for October 2026
Three Palo Alto Reports the Listing Does Not Give You
📄Palo Alto Market ReportFree 9-page PDF with bedroom breakdowns, comp data and pricing trends, updated monthly.Email Me the Report →📋Palo Alto Buyer BriefA personalized brief with comp data, offer strategy and neighborhood context.Email Me the Report →🎯Palo Alto Offer StrategyComp analysis and bid recommendations before you write an offer on this home.Email Me the Report →
Location
1061 Alma St, Palo Alto, CA 94301 · Santa Clara County
Market Context
Price Positioning
$ Sale-to-list: Palo Alto sales closed at 107.8% of list price in September 2026.
⏲ Velocity: City median 9 days (September 2026). This home: 93 days.
🔍 Compare: Palo Alto homes $3M - $4M.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
Get My Offer Range →Frequently Asked Questions
Listed at $3,500,000 ($1,358/sqft).
Listed July 8, 2026. That is 93 days on market as of October 9, 2026. The Palo Alto median was 9 days on market in September 2026.
Est. $22,069/mo with 20% down ($700,000) at 6.75%. That is principal and interest $18,161, property tax $3,646 and insurance $262. The assumptions and lender disclosure are with the payment estimate at the top of this page.
There are 62 active listings in Palo Alto. Palo Alto sales closed at 107.8% of list price in September 2026.
Yes. As of October 9, 2026, 1061 Alma St is an active listing at $3,500,000.
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Broker · DRE# 01328224 · Over 23 Years Experience
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October 2026. Built on the same live MLS data Timothy uses with clients.
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$3.61MMedian Sale Price, Sep-8.1% vs Last Year
9Median DOM, Sep+1 days vs Last Year
62Active Listings-47.0% vs Last Year
107.8%Sale-to-List, Sep+2.6% vs Last Year
For Homeowners
Get My Home's Value
What would your Palo Alto home sell for today?
Palo Alto homes sold at 107.8% of list price in a median of 9 days in September 2026.
107.8%Sale-to-List, Sep
9Median Days, Sep
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Schools in Palo Alto
Aegis School Excellence Index
10
Palo Alto Unified SD · K-5
10
Palo Alto Unified SD · 6-8
10
Palo Alto Unified SD · 9-12
School information is for general reference only. Contact districts directly for enrollment and boundary info.
More in Palo Alto
View All Listings →Explore Palo Alto real estate
Recently Sold in Palo Alto
No recent sold comps found in this segment.
For Homeowners
Your neighbors are selling. Should you?
In September 2026, 48 homes sold in Palo Alto at a median sale price of $3.61M, and sales closed at 107.8% of list price.
48Sold (September 2026)
$3.61MMedian Sale Price
107.8%Sale-to-List (September 2026)
What happens when the right home lists and nobody knows you are looking for it?
In Palo Alto, 14 new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
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Latest Palo Alto Insights
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Buyers
See 1061 Alma St before the weekend
Listed 93 days ago. Half of Palo Alto's September sales sold within 9 days on market, so early showings see the most competition.
Sellers
What would your Palo Alto home sell for?
48 homes sold in Palo Alto in September 2026 at a median sale price of $3.61M and 107.8% of list price.
Get My Home's Value →Questions
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Timothy Alston, Broker, DRE# 01328224. Over 23 years in Silicon Valley real estate.
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