628 Waverley Street

Palo Alto, CA 94301

$5,550,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1904

calendar_month Built

Property Description

Historic 1904 building in the desirable and dynamic City of Palo Alto. This charming 14-unit investment property is situated on a 5,250 square feet parcel of land, a gross building area of approximately 4,200 square feet, offering its tenants cozy studios, 1 and 2-bedroom floor plans. Several updated units contain updated cabinetry, stainless steel appliances, laminate flooring, tile flooring, and close proximity to Stanford University, Stanford Shopping Center, Downtown Palo Alto, multiple parks, and so much more. This investment appeal is asset-driven by low vacancy levels and a robust employment foundation. 628 Waverley Street is a world-class location in the heart of Palo Alto, a location attractive to Peninsula renters and Silicon Valley commuters. This UNIQUE property is a RARE FIND!

Listing Information

List Price $5,550,000
Status Active
MLS ML81985525
HOA $0
Type Commercial
Year Built 1904
Lot Size 5,250
Structure Size N/A
DOM 33
Courtesy Of Berkshire Hathaway HomeServices DrysdaleProperties
Listing Agent Rosemary Gibson DRE#01515058

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Rosemary Gibson, Berkshire Hathaway HomeServices DrysdaleProperties 650-518-2382. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 4:37 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.