Palo Alto, CA 94301
$12,500,000
Bed
0
Bath
0
Living Space
N/A SqFt
Year Built
N/A
Lot Size
5,277 SqFt
Days
99
This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.
Listing provided courtesy ofFrank De Bernardo License 01211552 eXp Realty of Northern California, Inc.
Data provided by MLSListings Inc.
Walter Hays Elementary School - GreatSchools rating 9/10 Addison Elementary School - GreatSchools rating 9/10 Duveneck Elementary School - GreatSchools rating 9/10 School District: Palo Alto Unified School District
Johnson Park is a 2.5-acre neighborhood park located between Waverley and Kipling, and Everett and Hawthorne streets. It offers playgrounds, basketball courts, picnic tables, walking trails, and a sand volleyball pit. Another nearby park is Mitchell Park, a 21.4-acre district park with a playground, tennis courts, and a community center.
The Waverley Street area is part of the Old Palo Alto neighborhood, known for its historic homes and tree-lined streets. This area is characterized by its proximity to downtown Palo Alto, offering a blend of residential tranquility and convenient access to urban amenities. The neighborhood has a strong community feel, with local events and a focus on pedestrian and bicycle accessibility. Local businesses include Ethel's Fancy, a restaurant located at 550 Waverley Street, which offers a menu influenced by French, Japanese, and Californian cuisines.
The Waverley Street area has a Walk Score of 69 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The Transit Score is 45 out of 100, with a few nearby public transportation options. Verified transit routes include the Caltrain (Limited, Local Weekday, Local Weekend lines) and several bus lines such as the 21, 89, and 22.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
Walter Hays Elementary School - GreatSchools rating 9/10 Addison Elementary School - GreatSchools rating 9/10 Duveneck Elementary School - GreatSchools rating 9/10 School District: Palo Alto Unified School District
Johnson Park is a 2.5-acre neighborhood park located between Waverley and Kipling, and Everett and Hawthorne streets. It offers playgrounds, basketball courts, picnic tables, walking trails, and a sand volleyball pit. Another nearby park is Mitchell Park, a 21.4-acre district park with a playground, tennis courts, and a community center.
The Waverley Street area is part of the Old Palo Alto neighborhood, known for its historic homes and tree-lined streets. This area is characterized by its proximity to downtown Palo Alto, offering a blend of residential tranquility and convenient access to urban amenities. The neighborhood has a strong community feel, with local events and a focus on pedestrian and bicycle accessibility. Local businesses include Ethel's Fancy, a restaurant located at 550 Waverley Street, which offers a menu influenced by French, Japanese, and Californian cuisines.
The Waverley Street area has a Walk Score of 69 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The Transit Score is 45 out of 100, with a few nearby public transportation options. Verified transit routes include the Caltrain (Limited, Local Weekday, Local Weekend lines) and several bus lines such as the 21, 89, and 22.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
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