Home | Santa Clara County | Palo Alto | 94301 | 727-729 Waverley St
727-729 Waverley St, Palo Alto, CA 94301
MLS: ML82049696 | Status: | Price: $3,700,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
3,535 |
7,500 |
1904 |
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.
| Field |
Value |
| MLS # |
ML82049696 |
| MLS Source |
MLSListings, Inc. |
| Days on Site |
1 |
Features
Interior Features
| Feature |
Details |
| Cooling |
None |
| Heating |
Wall Furnace |
Exterior Features
| Feature |
Details |
| Roof |
Shingle |
| Foundation |
Concrete Perimeter, Wood Frame |
| Feature |
Details |
| Garage/Parking |
Common Parking Area, Garage: 0 Car(s) |
| Elementary District |
Palo Alto Unified |
| High School District |
Palo Alto Unified |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
RM30 |
| Listing Agent |
Co-Listing Agent |
| Bryan Danforth |
Matthew Thomson |
| Compass |
|
| License #: 01789680 |
License #: 01471708 |
| Phone: (650) 274-5227 |
Phone: (650) 515-6555 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
7 |
8 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
534 |
1 |
0/0 |
$2,278 |
$2,758 |
6 |
| 2 |
165 |
0 |
1/0 |
$1,300 |
$1,500 |
2 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
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Baths |
Sq Ft |
Status |
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Disclosures
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This listing information is up-to-date as of June 04, 2026. For the most current information, please contact Bryan Danforth, (650) 274-5227.