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0 Baths
2,570 sqft

$3,450,000

510 Waverley Street, Palo Alto CA, 94301

Price per sqft$1,342.41
Built in1900
Property size2,570 sqft
Property typeMulti-family
Listed by David O'such CA DRE# 01033820 with Cornish & Carey Commercial 650-465-1100

Overview

Active

Listed Oct 14, 2026

Updated 44h ago

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.

$22,953/mo

Est. mortgage payment based on a $3,450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82064622

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$5,194
Tax Frequency
Annually
Maintenance Expense
$13,684
MLS provider logo

Listed by David O'such CA DRE# 01033820 with Cornish & Carey Commercial 650-465-1100

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/15/2026 at 5:50 AM UTC Last Checked: 5:50 AM UTC

 

 

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