Apartment Building with On-Site
For Sale
$3,700,000
727729 Waverley St, Palo Alto, CA 94301
Eight residential units include six 1-bedroom units plus two nonconforming bachelor studios and a coin-operated laundry facility.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market95
Property Features for 727729 Waverley St
General Information
Standard status
Active
Lot size
0.17 Acres
Zoning
RM-30
Additional Details
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$44,452
Amenities
on-site coin-operated laundry
Building Details
Tenancy
Multi
Listing Agency:
Compass
(650) 941-1111
Listed By:
Bryan Danforth · License #01789680
(650) 274-5227
Source:
Exprealty
Added: Jun 3
Changed: Aug 20
Last Checked: Sep 4 at 8:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
727-729 Waverley St is a well-maintained apartment building offering eight residential units on a 7,500-square-foot lot, zoned RM-30. The property includes six 1-bedroom, 1-bathroom units and two nonconforming bachelor studios (bedroom and bathroom only). An on-site, leased coin-operated laundry facility serves all units.
The building is located two blocks from downtown Palo Alto and University Avenue. Reported improvements include updated electrical panels and a new rear stairway compliant with SB721 requirements, along with additional repairs completed as needed.
Current rents are described as below market, with three units immediately available for potential rent increases.
The building is located two blocks from downtown Palo Alto and University Avenue. Reported improvements include updated electrical panels and a new rear stairway compliant with SB721 requirements, along with additional repairs completed as needed.
Current rents are described as below market, with three units immediately available for potential rent increases.
Key Highlights
- 8 residential units: six 1‑bed/1‑bath apartments plus two nonconforming bachelor studios (bedroom and bathroom only)
- Located on a 7,500 SF lot in the RM‑30 zoning district in the University South neighborhood
- Well‑maintained with updated electrical panels and a new rear stairway compliant with SB721 requirements
Property Analytics
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
Explore this area
Business Placement
Demographics for 94301, CA
17,299
Population
8,220
Households
2.1
Avg Household Size
44
Median Age
83%
College-Educated
96%
High-School Grad
2.4 sq mi
ZIP Area
7,208
Density / Sq Mi
$235,529
Median Household Income
$136,514
Median Earnings
$3,290
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight residential units include six 1-bedroom units plus two nonconforming bachelor studios and a coin-operated laundry facility.
Where is this apartment building located?
The property is located at 727729 Waverley St Palo Alto, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 8 residential units: six 1‑bed/1‑bath apartments plus two nonconforming bachelor studios (bedroom and bathroom only); Located on a 7,500 SF lot in the RM‑30 zoning district in the University South neighborhood; Well‑maintained with updated electrical panels and a new rear stairway compliant with SB721 requirements
