510 Waverley St

Palo Alto, CA 94301
  • $3,450,000

    Price
  • 2,570

    SqFt
  • 0.11

    Acre

About the Listing ML33684 - ML5093187

Located in downtown Palo Alto, this mixed-use property is zoned CD-C(P) which allows for the second floor to be converted into residential. Ground floor is 2,570 square feet and leased to one office tenant and one retail tenant. Take advantage of up to 2,500 bonus square feet completing a historical upgrade to the building and use the bonus square footage to build out a residential unit on the second floor. The property is served by the Palo Alto Unified elementary school district. The building features central forced air heating and central air conditioning for year-round comfort. Notably, there is an exclusive parking area behind the building for 7 on site parking stalls. This property provides a value add opportunity for an investor interested in expanding the square footage of the property with a second floor residential unit, improving the ground floor rental rate with fresh cosmetic renovations.

Listing Highlights for 510 Waverley St

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® ML82064622
Year Built 1900
Total Square Footage 2,570
Lot/Acreage 0.11

Interior Details

  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 7
  • Zoning: CDC(P)
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $5,194
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 12015082
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

510 Waverley St Palo Alto, CA 94301

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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