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$4,800,000

Est. payment - /mo

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5,248 Sqft Lot

Price Dropped by $199K

628 Waverley ST Palo Alto, CA 94301

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81985525

HOA Y/N No

Year Built 1904

Annual Tax Amount $66,255

Lot Size 5,248 Sqft

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!

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning CDC

Interior

Heating Electric, Space Heater

Cooling None

Fireplace No

Exterior

Roof Type Shingle

Building

Water Public

Schools

School District Palo Alto Unified

Others

Tax ID 12016021

Special Listing Condition Standard

Listed by Rosemary Gibson • Berkshire Hathaway HomeServices DrysdaleProperties

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