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510 Waverley Street, Palo Alto, CA 94301

Palo Alto
Local realty services provided by:CENTURY 21 Village Realty
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 commercial408-727-9600
MLS#:ML82064622
Source:CRMLS

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 #:ML82064622
  • Added:10 day(s) ago
  • Updated:October 25, 2026 at 10:31 AM

Rooms and interior

  • Living area:2,570 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

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

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,450,000
  • Price per sq. ft.:$1,342.41
  • Tax amount:$5,194

Parking

  • Total parking spaces:7
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Village Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Village Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Andy Bencosme

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