510 Waverley Street, Palo Alto, CA — listing photo 1
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FOR SALENew Listing

510 Waverley Street

Palo Alto, CA 94301
2,570 Sq Ft
Built 1900
$3,450,000

Property Overview

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.

Home Details

Property type
Residential Income - Mixed Use
Year built
1900
Living area
2,570 sq ft
Lot size
4,895 sq ft
Parking
7 spaces
Stories
2
Days on market
0
MLS status
Active
Zoning
CDC(P)

Community, Schools & Utilities

Community

Annual property tax
$5,194

Schools

School district
Palo Alto Unified

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

510 Waverley Street

Palo Alto, CA 94301

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Frequently Asked Questions About 510 Waverley Street

Property type: Residential Income

The current asking price is $3,450,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 510 Waverley Street. Our team will confirm availability and timing.
This property offers approximately 2,570 square feet of living space. It was built in 1900. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Palo Alto, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Palo Alto property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

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Listing Agent

Name: David O'such
MLS ID: ML5093187

Available property

$3,450,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.