3213 Alma Street

Palo Alto, CA 94306

$1,988,000
Price
Beds
1,837 Sq. Ft.
$1,082 / Sq. Ft.
1,837
Sq. Ft.
$1,082
per Sq. Ft.

Description

AMAZING LOCATION! In the heart of Palo Alto just blocks from multi-million dollar homes, this desirable Midtown triplex features easy to rent units close to top rated schools, shopping, restaurants. Near Stanford University, Stanford Shopping Center, and downtown Palo Alto. Close to many of Silicon Valley's top tech companies including Google, Facebook, and Apple and just 1 mile away from Cal Train station. All units are single story and each come with 1 car parking and private patio. Tenants pay...

Property Details for 3213 Alma Street

MLS City Name
PALO ALTO
Building Type
TRIPLEX
Garage Spaces
0
Parking Spaces
0

Virtual Tour

Location

Listing Courtesy of Compass, Morgan Cook, DRE #01844213

Listing Agent

  1. Morgan Cook

    Listing Agent

    Compass

    DRE #01844213

Building Information for 3213 Alma Street

Stories1Residences3Year Built1958Building Size-Lot Size0.14 AC / 6,246 SF

Payment Calculator

$7,551 per month

30 year fixed, 3.51% Interest

Principal and Interest

$7,150

Property Taxes

$401

HOA Dues

$0

Property Information for 3213 Alma Street

Features
    Room Information
  • Kitchen: Appliances - Vary by Unit, Countertop - Stone, Oven Range - Gas, Refrigerator, Varies by Unit
    Features
  • Amenities: High Ceiling
  • Flooring: Carpet, Tile
  • Laundry: Coin Operated
  • Living SqFt: 1837
  • Pool: No
  • Security Features: None
  • Special Features: None
    Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
    Carport and Parking
  • Carport Min: 3
    Garage
  • Garage Parking Features: Assigned Spaces, Carport , Covered Parking
Property Details
    Homeowners Association
  • HOA Exists: 0
    Property Details
  • Area Text: Midtown
  • Roof: Flat / Low Pitch, Tar and Gravel
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 3213
  • Street Name: Alma
  • Street Suffix: Street
  • Area ID: 234
Lot / Property Details
    Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 1837
  • Structure SqFt Source: Assessor
  • Age: 62
    Development Information
  • Zoning Detail: RM2
    Location Information
  • City Limits: Yes
  • Cross Street: Loma Verde Ave
  • Parcel Number: 132-27-110
  • County Name: Santa Clara
  • City Name: PALO ALTO
  • City Postal ID: 46
  • Postal Code: 94306
  • Elementary School District: 481
  • High School District Text: Palo Alto Unified
    Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .14
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
    Other Information
  • Dual Variable: 1
Multi Family Information
    Building Information
  • No Of Leased: 2
    General Information
  • Annual Tax Amount: $4,812
  • Building Unit Total: 3
  • Capitalization Rate: 3.38
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 0
    Income / Expense Details
  • Expense Insurance: $1,979
  • Expense Landscape: $2,500
  • Expense Maintenance: $600
  • Expense Management: $6,020
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $2,588
  • Expenses Total: $18,499
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Utilities
  • Gross Rent Multiplier: 23.20
  • Income Annual Gross: $85,680
  • Income Annual Rental: $85,680
  • Income Gross Scheduled: $85,680
  • Income Other: $0
    Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,350
    Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,395
    Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,395

Property History for 3213 Alma Street

DateEvent & SourcePriceAppreciation
Mar 24, 2020

Listed (Active)

EBRD #ML81787687

$1,988,000
Mar 23, 2020

Listed (Active)

MLSListings #ML81787687

$1,988,000
Mar 9, 2020

Sold

EBRD #ML81782265

$1,750,000
DateEvent & SourcePrice
03/24/2020

Listed (Active)

EBRD #ML81787687

$1,988,000
03/23/2020

Listed (Active)

MLSListings #ML81787687

$1,988,000
03/09/2020

Sold

EBRD #ML81782265

$1,750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3213 Alma Street

Taxable ValueLand$146,711Additions$178,286Total$324,997
Tax Record2019$4,812
Home Facts
Finished Sq.Ft.1,837 SqFtStories1Lot Size6,248 SqFtStyleMulti-Family Res (5+ Units)Year Built1958Year Renovated1958ZoningRM2CountySANTA CLARAAPN13227110

Schools near 3213 Alma Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
El Carmelo Elementary SchoolPublicK-50.3 mi
8
Jane Lathrop Stanford Middle SchoolPublic6-80.6 mi
9
Keys SchoolPrivateK-80.6 mi
NR
Herbert Hoover Elementary SchoolPublicK-50.8 mi
9

El Carmelo Elementary School

K-5, 0.3 mi, Public

8

Jane Lathrop Stanford Middle School

6-8, 0.6 mi, Public

9

Keys School

K-8, 0.6 mi, Private

NR

Herbert Hoover Elementary School

K-5, 0.8 mi, Public

9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Property Details for 3213 Alma Street

StatusActive
MLS #ML81787687
Year Built1958
DOM12
Compass TypeMulti Family
MLS Type2-4 Units / 3 Units
Lot Size0.14 AC / 6,246 SF
Taxes$4,812 / year
Condo/Co-op Fees-
HOA Fees-
CountySanta Clara County

Listing Agent

Morgan Cook

Compass

morgan.cook@compass.com

P: 650.880.0171

DRE #01844213

Contact Agent(s)

Similar Homes

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3213 Alma Street is a multi-family home for sale in Palo Alto, CA 94306. This property was listed for sale on March 23, 2020 by Compass at $1,988,000. It has been on the market for a total of 13 days and was last sold on March 9, 2020. Nearby schools include Palo Alto Adult Education, Helios School and Herbert Hoover Elementary School. 3213 Alma Street is a 0-bed, 0-bath, 1,837 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Compass, Morgan Cook, DRE #01844213
Based on information from the San Francisco Association of Realtors as of 03/23/2020 07:48 PM, the MLSListings MLS as of 03/23/2020 07:48 PM, or the BAREIS MLS as of 03/23/2020 07:48 PM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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, the 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/04/2020 07:00 AM