510 Waverley Street, Palo Alto, CA 94301

Palo Alto
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
510 Waverley Street,Palo Alto, CA 94301
$3,450,000
  • - Beds
  • - Baths
  • 2,570 sq. ft.
  • Multi-family
  • Active
Listed by: david o'such
Office: cornish & carey commercial
MLS#:82064622
Source:MLSListings

Price summary

  • Price:$3,450,000
  • Price per sq. ft.:$1,342.41

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:82064622
  • Added:4 day(s) ago
  • Updated:October 23, 2026 at 04:56 PM

Rooms and interior

  • Living area:2,570 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1900
  • Building area:2,570 sq. ft.
  • Lot area:0.11 Acres
  • Foundation Description:Unreinforced Masonry

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$3,450,000
  • Price per sq. ft.:$1,342.41

Features and amenities

  • Amenities:Security Alarm

Parking

  • Parking description:Assigned Spaces, Tandem
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