K
Seller's Agent in 2013
Keith Suddjian
Cornish & Carey Commercial
2705 Alma St Palo Alto, CA 94306
Midtown Palo Alto Neighborhood
6
Beds
--
Bath
2,592
Sq Ft
8,712
Sq Ft Lot
Highlights
- Wood Flooring
- Building Patio
- Laundry Facilities
- El Carmelo Elementary School Rated A+
About This Home
As of July 2013Address: 2705, 2707, 2709 & 2711 Alma Street. Rare opportunity to own a 4Plex in Palo Alto. Unit mix:(2)1 Bedroom 1 Bath units & (2)2 Bedroom 1 Bath units. Excellent rent upside potential; Double pane windows; highly sought after Palo Alto Schools; Nice open space area behind & to the left of the carports; 2 BR units have a fireplace; hardwood floors evident in 3 units.
Last Agent to Sell the Property
Keith Suddjian
Cornish & Carey Commercial License #00673961 Listed on: 05/29/2013
Last Buyer's Agent
Keith Suddjian
Cornish & Carey Commercial License #00673961 Listed on: 05/29/2013
Property Details
Home Type
- Multi-Family
Year Built
- 1957
Lot Details
- 8,712
Home Design
- Quadruplex
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,592 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Parking
- Carport
- Uncovered Parking
Eco-Friendly Details
- Energy-Efficient Insulation
Utilities
- Wall Furnace
- Sewer Within 50 Feet
Listing and Financial Details
- Total Actual Rent $68,640
- The owner pays for electric, garbage, services - gardener/landscaping, gas, hot water, water
Community Details
Overview
- 2,592 Sq Ft Building
Amenities
- Building Patio
- Laundry Facilities
Building Details
- Gardener Expense $1,100
- Insurance Expense $1,848
- Maintenance Expense $3,231
- Manager Expense $4,845
- Utility Expense $4,675
- Operating Expense $34,268
- Gross Income $66,826
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2013 07/23/13 | Sold | $1,520,000 | +1.3% | $586 / Sq Ft |
| 06/13/2013 06/13/13 | Pending | -- | -- | -- |
| 05/29/2013 05/29/13 | For Sale | $1,500,000 | -- | $579 / Sq Ft |
Source: MLSListings
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,600 | $1,863,302 | $1,348,446 | $514,856 |
| 2024 | $21,600 | $1,826,767 | $1,322,006 | $504,761 |
| 2023 | $21,286 | $1,790,949 | $1,296,085 | $494,864 |
| 2022 | $21,044 | $1,755,833 | $1,270,672 | $485,161 |
| 2021 | $20,630 | $1,721,406 | $1,245,757 | $475,649 |
| 2020 | $20,192 | $1,703,756 | $1,232,984 | $470,772 |
| 2019 | $19,975 | $1,670,350 | $1,208,808 | $461,542 |
| 2018 | $19,427 | $1,637,599 | $1,185,106 | $452,493 |
| 2017 | $19,088 | $1,605,490 | $1,161,869 | $443,621 |
| 2016 | $18,500 | $1,574,011 | $1,139,088 | $434,923 |
| 2015 | $19,082 | $1,550,369 | $1,121,978 | $428,391 |
| 2014 | -- | $1,520,000 | $1,100,000 | $420,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLSListings
MLS Number: ML81318600
APN: 132-25-030
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