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
144
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.
- Palo Alto High School (High) - GreatSchools rating 10/10 - Jane Lathrop Stanford Middle School (Middle) - GreatSchools rating 8/10 - Walter Hays Elementary School (Elementary) - GreatSchools rating 8/10 School District: Palo Alto Unified School District
Johnson Park is a 2.5-acre neighborhood park located at 268 Waverley St, Palo Alto, CA 94301, offering playgrounds, picnic tables, basketball courts, and walking trails. Heritage Park, situated at Homer Avenue and Waverly Street, is a 2.01-acre park featuring an open grass area and a children's playground. Bowden Park is another neighborhood park, covering 2.0 acres with an open grassy area surrounded by trees.
The neighborhood is part of Old Palo Alto, known for its historic residential areas and tree-lined avenues. This area is characterized by a sophisticated and well-educated populace, with a strong presence of tech companies and a vibrant business community. Local dining options include Ethel's Fancy, a restaurant offering Californian cuisine with French and Japanese influences, known for its focus on fresh, locally-sourced ingredients.
This location has a Walk Score of 58 out of 100, indicating it is somewhat walkable, and a Transit Score of 30 out of 100, meaning it has some transit options. Nearby bus lines include the 21 Stanford Shopping Ctr - Santa Clara TC, and rail lines include Local Weekend, Local Weekday, and Limited services.
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.
- Palo Alto High School (High) - GreatSchools rating 10/10 - Jane Lathrop Stanford Middle School (Middle) - GreatSchools rating 8/10 - Walter Hays Elementary School (Elementary) - GreatSchools rating 8/10 School District: Palo Alto Unified School District
Johnson Park is a 2.5-acre neighborhood park located at 268 Waverley St, Palo Alto, CA 94301, offering playgrounds, picnic tables, basketball courts, and walking trails. Heritage Park, situated at Homer Avenue and Waverly Street, is a 2.01-acre park featuring an open grass area and a children's playground. Bowden Park is another neighborhood park, covering 2.0 acres with an open grassy area surrounded by trees.
The neighborhood is part of Old Palo Alto, known for its historic residential areas and tree-lined avenues. This area is characterized by a sophisticated and well-educated populace, with a strong presence of tech companies and a vibrant business community. Local dining options include Ethel's Fancy, a restaurant offering Californian cuisine with French and Japanese influences, known for its focus on fresh, locally-sourced ingredients.
This location has a Walk Score of 58 out of 100, indicating it is somewhat walkable, and a Transit Score of 30 out of 100, meaning it has some transit options. Nearby bus lines include the 21 Stanford Shopping Ctr - Santa Clara TC, and rail lines include Local Weekend, Local Weekday, and Limited services.
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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