Back to Search
Apartment Building with On-Site Laundry

727729 Waverley St Palo Alto, CA 94301

727729 Waverley St, Palo Alto, CA, 94301
$3,700,000
For Sale
$3,700,000

Eight residential units include six 1-bedroom units plus two nonconforming bachelor studios and a coin-operated laundry facility.

Lot Size0.17 Acres
Days on Market49

Property Features for 727729 Waverley St

General Information

Standard status
Active
Lot size
0.17 Acres
Listing agency Compass
Listed by Bryan Danforth · License #01789680
Source Exprealty
Added: Jun 4 Updated: Jul 21 at 7:08PM Checked: Jul 21 at 7:08PM

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.

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Accounting Firm Electrical Service HVAC Service Auto Parts Store Barber Shop Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message