---
listing_id: ML81979614
status: Closed
price: 3205000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 4336
sqft_lot: 10000
lot_acres: 
year_built: 1961
property_type: Residential Income
property_subtype: 
address: "1645-1651 Alma St"
city: Palo Alto
state: CA
zip: 94301
county: "Santa Clara County"
lat: 37.4345608
lng: -122.1498003
days_on_market: 592
hoa_fee: 
hoa_frequency: 
garage_spaces: 2
list_agent: "Eymon Binesh"
list_office: "Marcus & Millichap"
list_agent_phone: "(650) 546-1030"
list_agent_license: 02060059
mls_source: MLSL
modified: 2026-02-02
transaction_type: recentlySold
---

Home | Santa Clara County | Palo Alto | 94301 | 1645-1651 Alma St

1645-1651 Alma St, Palo Alto, CA 94301

MLS: ML81979614 | Status: | Price: $3,205,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
4,336 10,000 1961

Remarks

1645-1651 Alma St represents a rare opportunity to acquire a 5-unit multifamily investment opportunity located in the highly exclusive Palo Alto market. The property is situated on a large 10,000 square foot parcel of land with a gross building area of 4,336 square feet. The unit layouts feature a 1,000 square foot 2-bedroom single family house in front, with four (4) two-bedroom/one-bathroom floor plans in the rear. 1645-1651 Alma St is well-positioned in one of the Bay Area's most dynamic and desirable cities. With historic neighborhoods, diverse cultural attractions, and vibrant entertainment, shopping, and nightlife district, Palo Alto is an exciting destination for business or pleasure. Palo Alto was also recently ranked #6 on the livability list of Top 100 Best Places to Live in America. The investment appeal of this asset is driven by Palo Altos incredibly strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1645-1651 Alma St is an attractive choice for Peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

MLS Listing Information

Field Value
MLS # ML81979614
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Cooling None
Heating Wall Furnace

Exterior Features

Feature Details
Roof Shingle
Foundation Concrete Perimeter

Parking, School, and Other Information

Feature Details
Garage/Parking Carport, Garage: 2 Car(s)
Elementary District Palo Alto Unified
High School District Palo Alto Unified
Water Public
Zoning RM2

Contact Information

Listing Agent Co-Listing Agent
Eymon Binesh Robert Johnston
Marcus & Millichap
License #: 02060059 License #: 01853816
Phone: (650) 546-1030 Phone: (650) 391-1744

Property Units

# Buildings # Leased Units # Total Units
2 5 5

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 2 1/0 $2,500 $3,250 5

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Palo Alto Adult Education public UG 0.43 mi N/A
Palo Alto High School public 9-12 0.48 mi 10
Walter Hays Elementary School public K-5 0.69 mi 9
Addison Elementary School public K-5 0.79 mi 9
Frank S. Greene Jr. Middle public 6-8 0.87 mi 9
Escondido Elementary School public K-5 0.98 mi 10
El Carmelo Elementary School public K-5 1.23 mi 9
Duveneck Elementary School public K-5 1.32 mi 9
Packard Children's Hospital/Stanford public K-12 1.32 mi N/A
Lucille M. Nixon Elementary School public K-5 1.44 mi 10
Ohlone Elementary School public K-5 1.49 mi 10
Barron Park Elementary School public K-5 1.68 mi 9
Jane Lathrop Stanford Middle School public 6-8 1.91 mi 10
Palo Verde Elementary School public K-5 1.97 mi 8
Fairmeadow Elementary School public K-5 2.05 mi 10
Juana Briones Elementary School public K-5 2.16 mi 10
Los Robles-Ronald McNair Academy public K-5 2.17 mi 4
Herbert Hoover Elementary School public K-5 2.26 mi 10
Menlo-Atherton High School public 9-12 2.30 mi 8
Oak Knoll Elementary School public K-5 2.33 mi 10

Disclosures

©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of February 02, 2026. For the most current information, please contact Eymon Binesh, (650) 546-1030.