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
131
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.
- Addison Elementary School (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 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. It features playgrounds, basketball courts, picnic tables, walking trails, and a community garden. Another nearby park is Heritage Park, located at Homer Avenue and Waverley Street, which is a 2.01-acre park with an open grass area and a children's playground. Peers Park is a 4.7-acre park with age-specific play areas, a playground, and a dog park.
The neighborhood near Waverley Street and Santa Rita Avenue is known as Old Palo Alto. This area is characterized by well-preserved historic homes, tree-lined streets, and a family-friendly atmosphere. Downtown Palo Alto offers a vibrant hub for dining, shopping, and entertainment, with boutique shops, high-end restaurants, and local cafes. Local dining options include Ethel's Fancy, a neighborhood restaurant with a menu influenced by French, Japanese, and Californian cuisines.
The area around Waverley Street and Santa Rita Avenue has a Walk Score of 69 out of 100 and a Transit Score of 45 out of 100. This location is considered somewhat walkable, meaning some errands can be accomplished on foot. Nearby transit options include bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC and the 89 California Ave Caltrain - Palo Alto VA Hosp, as well as several Caltrain rail lines.
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.
- Addison Elementary School (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 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. It features playgrounds, basketball courts, picnic tables, walking trails, and a community garden. Another nearby park is Heritage Park, located at Homer Avenue and Waverley Street, which is a 2.01-acre park with an open grass area and a children's playground. Peers Park is a 4.7-acre park with age-specific play areas, a playground, and a dog park.
The neighborhood near Waverley Street and Santa Rita Avenue is known as Old Palo Alto. This area is characterized by well-preserved historic homes, tree-lined streets, and a family-friendly atmosphere. Downtown Palo Alto offers a vibrant hub for dining, shopping, and entertainment, with boutique shops, high-end restaurants, and local cafes. Local dining options include Ethel's Fancy, a neighborhood restaurant with a menu influenced by French, Japanese, and Californian cuisines.
The area around Waverley Street and Santa Rita Avenue has a Walk Score of 69 out of 100 and a Transit Score of 45 out of 100. This location is considered somewhat walkable, meaning some errands can be accomplished on foot. Nearby transit options include bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC and the 89 California Ave Caltrain - Palo Alto VA Hosp, as well as several Caltrain rail lines.
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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