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!
MLS# | ML81985525 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1904 |
Days On Site | 77 |
Listing Provided By | Berkshire Hathaway HomeServices DrysdaleProperties (650) 365-9200 | Rosemary Gibson |
SQ Feet | 4,200 |
---|---|
Building(s) | 1 |
Zoning | CDC |
Acreage | 0.12 |
State | CA |
---|---|
County | Santa Clara |
City | Palo Alto |
Zip Code | 94301 |
Area | 699 Not Defined |
School District | Palo Alto Unified |
Listing VS Median (in 94301) | |
Price: $5,550,000 low | high Med: $4,249,000 SqFt: 4,200 low | high Med: 2,283 $ / SqFt: $1,321 low | high Med: $1,880 On Site: 77 low | high Med: 487.500000 |