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Listed by: David O'such (650) 465-1100 DRE #01033820 | Cornish & Carey Commercial (408) 727-9600
$3,450,000
Monthly Est:$17,172
-- Bed
-- Bath
2,570sqft
510 Waverley St, Palo Alto, CA 94301
$3,450,000
$17,172/moEst:
Get Pre-Approved
Mixed Use
Built in 1900
$-- HOA
4,895 sqft lot
$1,342/sq.ft
Description
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.
- Houzeo last checked: 5 hours ago
- Listing updated: October 14, 2026 at 11:22 pm
- Source: California Regional MLS-CA | MLS#: ML82064622
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
2,570 sqft
Lot Size
4,895 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82064622
MLS Status
Active
Days on Market
7
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
Central Air
Heating
Central
Construction
Year Built
Year Built: 1900
Home type
Mixed Use
Roof
Composition
Utilities & Energy
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
10/14/2026 Source: | Listed for Sale | $3,450,000 $1,342/sqft |
08/04/2026 Source: | Off Market | $3,450,000 -12.66% $1,342/sqft |
08/04/2026 Source: | Listed for Sale | $3,950,000 $1,537/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 22, 2026, 03:46PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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