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$ 5,298,888
Est. payment | /mo
4,200 SqFt
$ 5,298,888
Est. payment | /mo
4,200 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $1,261
MLS Listing ID ML81985525
HOA Y/N No
Year Built 1904
Lot Size 5,250 Sqft
Acres 0.12
Property Sub-Type Other
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
Zoning CDC
Interior
Heating Electric, Space Heater
Cooling None
Flooring Laminate, Tile
Fireplace No
Appliance Refrigerator
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 12016021
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Listed by Rosemary Gibson • Berkshire Hathaway HomeServices DrysdaleProperties
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Patrick Nagel
REALTOR® | Lic# 1760790