Two recently updated buildings in downtown Palo Alto zoned CD-N, which allows a multiplicity of uses: residential, office, retail, personal services [e.g., fitness center], and more or a mix of uses // Front house [2560 sf] has 3 bedrooms [or offices] and an open lower level [955 sf] that can accommodate a variety of personal or commercial uses // Rear building [1380 sf] is a brick clad high bay clear space with skylights, a wall of glass, and a glass roll up door: an open canvas for your creativity // Inviting landscape embraces the buildings // Walk to downtown amenities // Refer to SB 79 for high density redevelopment potential //
Property Details
Price:
$4,988,000
MLS #:
ML82034691
Status:
Active
Beds:
3
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Feb 11, 2026
Finished Sq Ft:
2,560
Lot Size:
5,625 sqft / 0.13 acres (approx)
Year Built:
1904
See this Listing
Schools
School District:
Palo Alto Unified
Elementary School:
Other
Middle School:
Other
High School:
Palo Alto
Interior
Appliances
GD, MW, RF, ES, HOD
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Flooring
WOOD
Heating
FIR
Exterior
Common Walls
NCW
Garage Spaces
3
Parking Spots
3
Parking Total
3
Roof
CMP, FOM
Window Features
SK
Financial
Map
Community
- Address235 Alma ST Palo Alto CA
- CityPalo Alto
- CountySanta Clara
- Zip Code94301
Subdivisions in Palo Alto
Market Summary
Current real estate data for Single Family in Palo Alto as of Mar 26, 2026
60
Single Family Listed
52
Avg DOM
1,800
Avg $ / SqFt
$4,750,605
Avg List Price
Property Summary
- 235 Alma ST Palo Alto CA is a Single Family for sale in Palo Alto, CA, 94301. It is listed for $4,988,000 and features 3 beds, 4 baths, and has approximately 2,560 square feet of living space, and was originally constructed in 1904. The current price per square foot is $1,948. The average price per square foot for Single Family listings in Palo Alto is $1,800. The average listing price for Single Family in Palo Alto is $4,750,605.
Similar Listings Nearby
Courtesy of Zane MacGregor. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.235 Alma ST
Palo Alto, CA