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756 Waverley Street

Palo Alto, CA 94301

– beds
– baths
– sqft
5,000 sqft lot
1910 build
– on site

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.

Listed By CRMLS_CA / DeLeon Team / Deleon Realty

Last checked: Checking… • Last updated May 28, 2025 •

MLS# ML82008662 —

This property is listed in more than one place. See it here, and here.

The Building

Year Built:

1910
Year Built Source:

Assessor
Building Area Total:

2274.00
# of Buildings:

1
Architectural Style:

Cottage
Roof:

Shingle
Foundation:

Concrete Perimeter
Stories Total:

2
Accessibility Features:

Other

Interior

Flooring:

Carpet, Wood, Laminate

Location

Directions:

Cross Street: Homer Ave.
Latitude:

37.44475600
Longitude:

-122.15711075

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

DHS
Lot Size Area:

5000.0000
Lot Size Acres:

0.1148
Lot Size SqFt:

5000.00
Lot Size Source:

Assessor
View:

1
View:

None

Listing Agent

Contact info:

The Listing

Virtual Tour
Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

12016065

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

None

Utilities

Sewer:

Public Sewer

Appliances

Included:

Yes

The Community

Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Off Street
Parking Spaces:

1.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/28/25 May 28, 2025	Listed / Active	CRMLS_CA	$3,240,000

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This multifamily located in University South, Palo Alto, CA 94301 is currently for sale for $3,240,000. 756 Waverley Street is a – square foot multifamily with – beds and – baths that has been on Estately for 21 days. 756 Waverley Street is in the University South neighborhood of Palo Alto and has a WalkScore® of 95, making it a walker’s paradise. This multifamily is in the attendance area of David Starr Jordan Middle School, Palo Alto High School, and Addison Elementary School.

Listing Courtesy of: CRMLS_CA and Deleon Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 21:38 on Jun 18.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.