427 Alma St APT 106, Palo Alto, CA 94301

2 beds2 baths1,015 sqft

Off Market
Zestimate®: $1,050,527
Rent Zestimate®: $3,938/mo
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This home is not currently listed for sale or rent on Zillow.

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

Edit
Unique opportunity to own professionally set up fully-furnished condo leased thru July 2013 to executive tenant @ $5150/mo in prime heart of downtown Palo Alto. Excellent rental/1031 exchange property renting up to $5500/mo to long-term tenants since 2007. Best quiet, central buldng location. Additinl $18k of furniture/electrnics/houseware to be purchased separately. Buildng entrnce @ 436 High St. Property Information © 2012 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. Brokered And Advertised By: Canvass Properties Listing Agent: Joan Laguatan

Facts

  • Condo
  • Built in 1984
  • Parking: 275 sqft
  • Last sold: Aug 2007 for $764,000

    Construction

    • Construction quality: 6.0
    • Room count: 4
    • # Stories: 1.0
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 1,015 sqft
    • Last remodel year: 1984
    • Lot depth: 40
    • Lot width: 25
    • Parcel #: 12068006
    • Zillow Home ID: 19496089

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $1,050,527
    +$22,217 Last 30 days
    $924K
    $1.17M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $3,938/mo
    +$70 Last 30 days
    $3.3K
    $4.6K
    Zestimate range
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    $XXX,XXX
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    Agent note:
    Posted on 05/06/2010
    The Zestimate is too low. I just sold and closed on 4/1/10 - a 2br/2ba, 955 sq. ft. condo I also fully-furnished & leased in the same building for $899k. Call 415.608.0544 for more info. http://www.condoinpaloalto.com

    Popularity on Zillow

    3,854 all-time views
    of this home (chart)
     

    Comparable Homes

    Homes like this sold for $950K-1.0M.

    $830K
    $1.62M

    Home Expenses

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    Neighborhood

    Market guide

    Zillow predicts Downtown North home values will increase 4% next year, compared to a 6.7% increase for Palo Alto as a whole. Among Downtown North homes, this home is valued 36.8% less than the midpoint (median) home, and is valued 11.6% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Downtown North, the number of foreclosures waiting to be sold is 121.5% greater than in Palo Alto, and 66.5% higher than the national average. This higher local number may prevent Downtown North home values from rising as quickly as other regions in Palo Alto.

    Learn more about forecast calculations or Downtown North home values.
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      For Sale

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      Rentals

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      Other Units in this Building (3)ZestimateBedsBathsSqft
      Apt 206$1.02M21955
      Apt 306$1.05M121,015
      Apt 406$1.02M21955

      Nearby Schools in Palo Alto

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org