Palo Alto, CA 94301,628 Waverley ST
Palo Alto, CA 94301,628 Waverley ST
Palo Alto, CA 94301,628 Waverley ST
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$4,295,000
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5,248 Sqft Lot
Pending

628 Waverley ST Palo Alto, CA 94301

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Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID ML82027535

HOA Y/N No

Year Built 1904

Annual Tax Amount $51,433

Lot Size 5,248 Sqft

Property Description

Step into one of Palo Altos most distinctive multifamily opportunities. Located at 628 Waverly Street, this two-story, 14-unit property sits just one block from Downtown Palo Alto, offering unmatched walkability to world-class dining, entertainment, and major tech and academic employers. The building features a desirable unit mix consisting of (1) 2 bed/ 1 bath, (3) 1 bed/ 1 bath, and (10) studio units, appealing to a wide range of tenants in a market known for strong occupancy and premium rents. Five units are located on the ground floor and nine on the second floor, including the majority of the studio residences. A standout component of the building is Unit C, the propertys only two-bedroom unit, which offers a rare two-level configuration with living space on the first floor and a finished basement serving as an additional living and bedroom area. Unit E also offers a unique layout, being on the first floor, and its bathroom located on the upper level and exclusive to that studio. The property includes a shared laundry room, a garage currently utilized by the owner, and a spacious basement used for management storage and five water heaters servicing the building. Added income exists through the implementation of RUBS utility bill-back, enhancing operating performance.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning CDC

Interior

Heating Electric, Space Heater

Fireplace No

Exterior

Roof Type Flat

Schools

School District Palo Alto Unified

Others

Tax ID 12016021

Special Listing Condition Standard


CRMLS – RECore
Listed by Ray Rodriguez Compass

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Juana Briones Elementary School

    Public | KG - 5

  • 9

    Lucille M. Nixon Elementary School

    Public | KG - 5

  • 9

    Herbert Hoover Elementary School

    Public | KG - 5

  • 9

    Fairmeadow Elementary School

    Public | KG - 5

  • 9

    El Carmelo Elementary School

    Public | KG - 5

  • 9

    La Entrada School

    Public | 4 - 8

  • 9

    Oak Knoll School

    Public | KG - 5

  • 9

    Palo Verde Elementary School

    Public | KG - 5

  • 9

    Ohlone Elementary School

    Public | KG - 5

  • 9

    Walter Hays Elementary School

    Public | KG - 5

  • 8

    Addison Elementary School

    Public | KG - 5

  • 8

    Duveneck Elementary School

    Public | KG - 5

  • 8

    Encinal School

    Public | KG - 5

  • 8

    Laurel School

    Public | KG - 5

  • 7

    Escondido Elementary School

    Public | KG - 5

  • 5

    Barron Park Elementary School

    Public | KG - 5

  • 3

    Taft Elementary School

    Public | KG - 5

  • 2

    Brentwood Academy

    Public | KG - 5

  • 2

    Garfield School

    Public | PK - 8

  • 2

    Green Oaks Academy

    Public | KG - 5

Middle Schools 10
  • 9

    Jane Lathrop Stanford Middle School

    Public | 6 - 8

  • 8

    Terman Middle School

    Public | 6 - 8

  • 8

    David Starr Jordan Middle School

    Public | 6 - 8

  • 8

    Hillview Middle School

    Public | 6 - 8

  • 1

    Ronald McNair Academy

    Public | 6 - 8

  • 1

    Cesar Chavez Elementary School

    Public | 6 - 8

  • 0

    Stanford Online High School

    Private | 7 - 12

  • 0

    Frank Greene Middle School

    Public | 6 - 8

  • 0

    Castilleja School

    Private | 6 - 12

  • 0

    Eastside College Preparatory School

    Private | 6 - 12

High Schools 8
  • 10

    Henry M. Gunn High School

    Public | 9 - 12

  • 10

    Palo Alto High School

    Public | 9 - 12

  • 7

    Menlo - Atherton High School

    Public | 9 - 12

  • 0

    East Palo Alto Academy

    Public | 9 - 12

  • 0

    Sequoia Community Day

    Public | 9 - 12

  • 0

    Aspire East Palo Alto Phoenix Academy

    Public | 9 - 12

  • 0

    Everest Public High School

    Public | 9 - 12

  • 0

    Mid-Peninsula High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Teresa Corpus

Teresa Corpus

Agent | License ID: 01425899

+1(619) 250-4558

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628 Waverley ST