628 Waverley Street
Palo Alto, CA 94301
0.12 acres | #ML81985525
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!
Property Details
- School DistrictPalo Alto Unified
- Property SubtypeCommercialSale
- CountySanta Clara
- Original List Price$5,550,000
- MLS #ML81985525
- MLS #ML81985525
- Property TypePurchase
- Taxes Annual$66,255
- Cost5550000
- Acres0.1205
- Utility SourcePublic
- Year Built1904
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Rosemary Gibson (#ML5102672)
Listing Office: Berkshire Hathaway HomeServices DrysdaleProperties (#ML5009027)
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