640 Waverley Street
Palo Alto, CA 94301
7
Bed
7
Bath
10,603Sqft
5,250Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Bathroom Information
Total Baths: 7 Full Baths: 6 Half Baths: 1Roofing Information
Other -
Interior Features
Roof: Other -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2026Private Pool: No
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Lot Information
Main Square Feet: 5250 Lot Size Acres: 0.1205 Lot Size Source: Assessor Lot Size Square Feet: 5,250
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Listing Price Information
Listing Price: $12500000
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Tax Information
Parcel Number: 12016023000
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Garage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 7
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Location Information
Direction: From US-101 Take the exit for University Avenue toward Palo Alto. Head west on University Avenue. Turn left onto Waverley Street. 640 Waverley St will be on your right. Cross Street: Forest Avenue
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Middlefield Road, Palo Alto, CA, 94301 | $7,500,000 | -- | -- | 5,939 | 5,939 SqFt |
| Middlefield Road, Palo Alto, CA, 94301 | $7,500,000 | 11 | 10 | 5,939 | 5,939 SqFt |
| 699 Oregon Avenue, Palo Alto, CA, 94301 | $2,988,000 | 4 | 2 | 1,611 | 1,611 SqFt |
| 1418 Pitman Avenue, Palo Alto, CA, 94301 | $18,000,000 | 4 | 5 | 4,257 | 4,257 SqFt |
| 1665 Middlefield Road, Palo Alto, CA, 94301 | $3,999,000 | 3 | 3 | 1,852 | 1,852 SqFt |
| 618 Tennyson Avenue, Palo Alto, CA, 94301 | $10,888,000 | 5 | 7 | 4,419 | 4,419 SqFt |
| 1836 Webster Street, Palo Alto, CA, 94301 | $8,488,000 | 5 | 4 | 2,831 | 2,831 SqFt |
| 1730 Webster Street, Palo Alto, CA, 94301 | $16,588,000 | 6 | 5 | 5,521 | 5,521 SqFt |
| 1135 Guinda Street, Palo Alto, CA, 94301 | $4,500,000 | 3 | 2 | 1,260 | 1,260 SqFt |
| 1125 Guinda Street, Palo Alto, CA, 94301 | $6,500,000 | 4 | 3 | 2,900 | 2,900 SqFt |
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ByOwner last updated this listing 08/17/2026 @ 16:49
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