628 Waverley Street, PALO ALTO, CA 94301

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628 Waverley Street, PALO ALTO, CA 94301

$4,295,000 (Pending)

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Listed by: Ray Rodriguez - Compass

$$4,295,000

Pending

est.$4,295,000/month.

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beds. baths. 4,200 Sqft.

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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Mortgage Broker

Ray Avanzino
Polaris Capital Partners
Ray@polariscappartners.com
(650) 576-6531
NMLS# 288504
Company NMLS# 01391664

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or Call Now: (650) 576-6531

628 Waverley Street, PALO ALTO, CA 94301

$4,295,000

Pending

est.$4,295,000/month.

Start My Approval

beds baths 4,200 Sq.ft.

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Property details for 628 Waverley Street, PALO ALTO, CA 94301

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.

Broker details: Compass

Listed by: Ray Rodriguez
Co-listing Broker: Compass
Co-listing Agent: Tony Zizzo