Home | Santa Clara County | Palo Alto | 94301 | 510 Waverley St
MLS: ML82064622 | Status: Active | Price: $3,450,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,570 | 4,895 | 1900 |
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.
| Field | Value |
|---|---|
| MLS # | ML82064622 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Unreinforced Masonry |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Tandem Parking, Garage: 0 Car(s) |
| Elementary District | Palo Alto Unified |
| High School District | Palo Alto Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | CDC(P) |
David O'such
Cornish & Carey Commercial
License #: 01033820
Phone: (650) 465-1100
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | – |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,865 | – | 0/2 | $10,565 |
| 2 | 705 | – | 0/1 | $1,514 |
School data provided by GreatSchools.org
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This listing information is up-to-date as of October 14, 2026. For the most current information, please contact David O'such, (650) 465-1100.