RealSmart Properties, as the exclusive listing broker, is pleased to present the opportunity to acquire 2609 - 2617 Alma Street, Palo Alto. This rare development opportunity offers a fully designed, planning approved (expires in November 2026) project for 4- detached townhouses, as market-rate rentals. Designed by John Lum Architecture, the project features contemporary three-story residences with rear yards, open concept living spaces, 3 bedrooms, two and half bathrooms including the primary suite on the top floor, with private patios on all three levels of each home, and 2 dedicated covered parking spaces per unit. The development totals are approximately 4,800 square feet of living space strategically spaced on an 8,070 square foot lot. Just steps from the California Avenue Caltrain Station. An ideal investment in Palo Alto, with modern appeal in a convenient urban location.