Just blocks from the heart of downtown Palo Alto, this well-maintained triplex offers a rare chance to build long-term wealth in one of the country’s most desirable cities. The property includes three distinct units: a 1-bedroom/1-bath, a 2-bedroom/1.5-bath two-story, and a studio with a full bath, each offering its own appeal. The two larger units feature updated kitchens, while the studio provides an updated kitchenette and an efficient layout ideal for additional income. Whether you’re an investor looking for strong cash flow, a savvy buyer planning to live in one unit while renting the others, or a first-time investor ready to get into the market, this property delivers outstanding flexibility and value. With University Avenue, Stanford, top-ranked schools, world-class dining and shopping, and major employers all nearby, this location checks all the boxes: immediate income, long-term upside, and endless potential.
Property Details
Price:
$3,240,000
MLS #:
ML82008662
Status:
Active
Baths:
0
Address:
756 Waverley Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
699notdefined
City:
Palo Alto
Listed Date:
May 28, 2025
State:
CA
ZIP:
94301
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1910
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Schools
Interior
Accessibility Features
Other
Cooling
None
Flooring
Carpet, Wood, Laminate
Heating
Wall Furnace
Exterior
Foundation Details
Concrete Perimeter
Garage Spaces
0.00
Parking Features
Off Street
Parking Spots
1.00
Roof
Shingle
Sewer
Public Sewer
Stories Total
2
View
None
Financial
Maintenance Fee
$0
Taxes
$0
Map
Community
- Address756 Waverley Street Palo Alto CA
- Area699 – Not Defined
- CityPalo Alto
- CountySanta Clara
- Zip Code94301
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756 Waverley Street
Palo Alto, CA
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