1111 Alma StreetPalo Alto, CA 94301

Single Family · 3 Beds · 2 Full Baths · 1,107 Sq. ft. | 0.13 Acres
$2,698,000 Active

1111 Alma Street Overview

Time on Site:
124 days
Visits:
1

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.

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1111 Alma Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,107
  • Price/Sq.ft. $2,437
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Palo Alto Unified

Building Information

  • New Construction: No
  • Year Built: 1923

Location/Region

  • County Or Parish: Santa Clara
  • MLS Area Major: 699 - Not Defined
  • Postal City: PALO ALTO

General Information

  • Parcel Number: 12030043
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: Standard
  • Zoning: R1

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Appliances: Dishwasher,Refrigerator,Range Hood
  • Common Walls: No Common Walls
  • Fireplace: No
  • Flooring: Wood
  • Foundation Details: Concrete Perimeter
  • Heating: Yes
  • Interior Features: Walk-In Closet(s)
  • Laundry Features: Outside
  • Living Area: 1107.0
  • Living Area Source: Assessor
  • Stories Total: 1
  • Window Features: Skylight(s)

Exterior

Parking Information

  • Parking Features: Electric Vehicle Charging Station(s)
  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 0.1286
  • Lot Size Area: 5600.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5600.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • View: No

Building Exterior/Construction

  • Attached Garage: No
  • Patio And Porch Features: Deck
  • Property Attached: No
  • Roof: Composition,Shingle

General Information

  • Sewer: Public Sewer

1111 Alma Street Neighborhood

Community

94301 (PALO ALTO) Demographics

45
Median Age
7,367
Population Density (per sq. mile)
84%
College Educated
$169,270
Estimated Median Income
3,873
Estimated Total Home Owners
3,229
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1111 Alma Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1111 Alma Street Market Data

Based on the last 30 days in this zip code

$4,845,029
Average List Price
$2,141
Average Price per Square Foot
8
Properties Sold
102
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

1111 Alma Street History

Date Event Value Agent
4/17/2026Source: CRMLS Price Reduction
$2,698,000 -1.9%
3/12/2026Source: CRMLS Price Reduction
$2,750,000 -4.8%
2/26/2026Source: CRMLS Added to Database
February 26, 2026
12/23/2022Source: CRMLS Added to Database
December 23, 2022
9/30/2022Source: CRMLS Added to Database
September 30, 2022
Listing provided courtesy of Midtown RealtyRyan Eltherington- MLS# ML82036330MLS ProviderContact Information: (650) 321-1596
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