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$3,610,000
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Property Description
235 Alma offers a rare opportunity to own a unique office or live/work property in the heart of Downtown Palo Alto. The property is zoned CD-N (P) and the home has been used for SFR. SFR use is permitted non-conforming use. This meticulously updated (2025) property features two structures totaling approximately. 3940 SF, situated on +/- 5,625 SF parcel. The main building spans multiple levels and includes freshly renovated interiors with clean, modern, finishes, while the second structure provides adaptable office or flex space. Recent exterior renovations and professional landscaping have created an inviting environment complemented by abundant natural light throughout both buildings. Onsite and nearby street parking options add conveninece for occupants and visitors alike. The location is in close proximity to the PA Caltrain station and SB 79 is potentially applicable to this property.
Full Property Details
Full Property Details for 235 Alma St
General
- Sold For: $3,610,000
- Status: Closed
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82058116
- Added to Site: 55 day(s) ago
Additional Information
- Extras: Not Applicable
- Security/Safety: Other
Parking
- Garage Spaces: 4
- Parking Features: Common Parking Area, Detached Garage, Gate / Door Opener
Location
- Area: Downtown Palo Alto
- County: Santa Clara
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Central Air (Forced Air), Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Gas, Master Water, Separate Electric
Structural Information
- Foundation: Concrete Perimeter, Pillars / Posts / Piers
- Roof: Shingle
- Disability Access: None
- Square Feet: 3,940
- Year Built: 1904
Unit Information
Unit 1
- Square Feet: 2560
- Bedrooms: 3
Unit 2
- Square Feet: 1380
Lot Features
- Minimum Lot Size: 5625
- Lot Size (Sq. Ft.): 5,625
- Building Sites: 2
- Zoning: CD-N
Listed by Cornish & Carey Commercial, David O'such
Sold by Aspr, Wesley Yu
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Schools
Schools serving 235 Alma St
School District:Palo Alto Unified School District
| Name | Grades | Distance |
|---|---|---|
Addison Elementary School 650 Addison Avenue, Palo Alto, CA 94301 | K-5 | 0.9 mi |
Frank S. Greene Jr. Middle 750 N. CA Ave., Palo Alto, CA 94303 | 6-8 | 1.8 mi |
Palo Alto High School 50 Embarcadero Road, Palo Alto, CA 94301 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 235 Alma St
Date
Details
Price
Change
Source
9/18/2026
Sold
$3,610,000
-3.73%
MLS
8/18/2026
Listed
$3,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
235 Alma St, Palo Alto, CA 94301 (MLS# ML82058116) is a Multi-Family property that was sold at $3,610,000 on September 18, 2026. Want to learn more about 235 Alma St? Do you have questions about finding other Multi-Family real estate for sale in South Palo Alto? You can browse all South Palo Alto real estate or contact a Coldwell Banker agent to request more information.

