Bought with Ray Rodriguez • Compass
$4,295,000
$4,295,000
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628 Waverley Street Palo Alto, CA 94301
4,200 SqFt
Key Details
Sold Price $4,295,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $1,022
MLS Listing ID ML82027535
Sold Date 01/28/26
HOA Y/N No
Year Built 1904
Lot Size 5,250 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Step into one of Palo Altos most distinctive multifamily opportunities. Located at 628 Waverly Street, this two-story, 14-unit property sits just one block from Downtown Palo Alto, offering unmatched walkability to world-class dining, entertainment, and major tech and academic employers. The building features a desirable unit mix consisting of (1) 2 bed/ 1 bath, (3) 1 bed/ 1 bath, and (10) studio units, appealing to a wide range of tenants in a market known for strong occupancy and premium rents. Five units are located on the ground floor and nine on the second floor, including the majority of the studio residences. A standout component of the building is Unit C, the propertys only two-bedroom unit, which offers a rare two-level configuration with living space on the first floor and a finished basement serving as an additional living and bedroom area. Unit E also offers a unique layout, being on the first floor, and its bathroom located on the upper level and exclusive to that studio. The property includes a shared laundry room, a garage currently utilized by the owner, and a spacious basement used for management storage and five water heaters servicing the building. Added income exists through the implementation of RUBS utility bill-back, enhancing operating performance.
Location
State CA
County Santa Clara
Interior
Heating Electric, Space Heater
Cooling Ceiling Fan(s)
Flooring Hardwood
Fireplace No
Exterior
Handicap Access Other
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© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Nearby Schools & Businesses
- 9
Juana Briones Elementary School
Public | KG - 5
- 9
Lucille M. Nixon Elementary School
Public | KG - 5
- 9
Herbert Hoover Elementary School
Public | KG - 5
- 9
Fairmeadow Elementary School
Public | KG - 5
- 9
El Carmelo Elementary School
Public | KG - 5
- 9
La Entrada School
Public | 4 - 8
- 9
Oak Knoll School
Public | KG - 5
- 9
Palo Verde Elementary School
Public | KG - 5
- 9
Ohlone Elementary School
Public | KG - 5
- 9
Walter Hays Elementary School
Public | KG - 5
- 8
Addison Elementary School
Public | KG - 5
- 8
Duveneck Elementary School
Public | KG - 5
- 8
Encinal School
Public | KG - 5
- 8
Laurel School
Public | KG - 5
- 7
Escondido Elementary School
Public | KG - 5
- 5
Barron Park Elementary School
Public | KG - 5
- 3
Taft Elementary School
Public | KG - 5
- 2
Brentwood Academy
Public | KG - 5
- 2
Garfield School
Public | PK - 8
- 2
Green Oaks Academy
Public | KG - 5
- 9
Jane Lathrop Stanford Middle School
Public | 6 - 8
- 8
Terman Middle School
Public | 6 - 8
- 8
David Starr Jordan Middle School
Public | 6 - 8
- 8
Hillview Middle School
Public | 6 - 8
- 1
Ronald McNair Academy
Public | 6 - 8
- 1
Cesar Chavez Elementary School
Public | 6 - 8
- 0
Stanford Online High School
Private | 7 - 12
- 0
Frank Greene Middle School
Public | 6 - 8
- 0
Castilleja School
Private | 6 - 12
- 0
Eastside College Preparatory School
Private | 6 - 12
- 10
Henry M. Gunn High School
Public | 9 - 12
- 10
Palo Alto High School
Public | 9 - 12
- 7
Menlo - Atherton High School
Public | 9 - 12
- 0
East Palo Alto Academy
Public | 9 - 12
- 0
Sequoia Community Day
Public | 9 - 12
- 0
Aspire East Palo Alto Phoenix Academy
Public | 9 - 12
- 0
Everest Public High School
Public | 9 - 12
- 0
Mid-Peninsula High School
Private | 9 - 12
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