1111 Alma Street

• Sat Feb 28, 1:30 pm - 4:30 pm

  Easiest to park on Lincoln

• Sun Mar 1, 1:30 pm - 4:30 pm

  Easiest to park on Lincoln

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.

Days on Market

0 days

Current Status

Active

Original Price

$2,888,000

List Price

$2,888,000

On Market Date

Feb 26, 2026

Property Type

Single Family Home

Area

241 - Professorville

Zip Code

94301

MLS ID

ML82036330

APN

120-30-043

Year Built

1923

Stories in Building

1

Possession

Unavailable

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

3

Bath

2

Shower and Tub, Skylight, Tub in Primary Bedroom, Updated Bath

Parking

2

Electric Car Hookup

SQ FT

1,107

SQ FT Source

Unavailable

Lot SQ FT

5,600.0

Lot Acres

0.128558 Acres

Kitchen

Dishwasher, Hood Over Range, Countertop - Quartz, Oven Range, Refrigerator

Cooling

Central AC

Dining Room

No Formal Dining Room, Dining Area in Family Room

Disclosures

Natural Hazard Disclosure

Family Room

Kitchen / Family Room Combo

Flooring

Hardwood

Foundation

Concrete Perimeter, Crawl Space

Heating

Central Forced Air - Gas

Laundry

Inside, Outside, Washer / Dryer

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.