CA
Santa Clara
PALO ALTO
94301
727-729 Waverley Street
727-729 Waverley Street, PALO ALTO, CA 94301
Share Listing
Listing Type
Multi Family
Listing Status
Active
15
$3,700,000

Home Details for 727-729 Waverley Street

Price
$3,700,000
Type
Residential Income
Square feet
3535
Year built
1904
County
Santa Clara
MLS Listing#
ML82049696
Listed By: Compass - 650-941-1111
Listed By: Bryan Danforth
Property Description

727-729 Waverley St offers apartment investors an exceptional opportunity to acquire an income-producing property in one of the strongest rental markets in the world. Located just two blocks from the heart of downtown Palo Alto and University Avenue, the property consists of six 1-bedroom, 1-bathroom units and two nonconforming bachelor studios (bedroom and bathroom only). Situated on a 7,500-square-foot lot with RM-30 zoning in the predominantly residential University South neighborhood, the property has been well maintained with updated electrical panels, a new rear stairway compliant with SB721 requirements, and numerous additional repairs completed as needed. Current rents are below market, presenting significant upside potential for a new owner, with three units immediately available for rent increases. Residents also benefit from an on-site leased coin-operated laundry facility serving all units.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Wall Furnace
  • Water Features
    • Public
  • Parking
    • Common
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Based on information from the MLSListings MLS. 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. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-06-04 15:40:40
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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