640 Waverley ST, Palo Alto, CA 94301
640 Waverley ST, Palo Alto, CA 94301
640 Waverley ST, Palo Alto, CA 94301
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Frank De Bernardo • eXp Realty of Northern California, Inc., DRE#01211552
$12,500,000
Est. payment /mo
5,277 Sqft Lot
Save Virtual Tour

UPDATED:

Key Details

Property Type Vacant Land, Commercial

Sub Type Other Commercial Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82048326

Lot Size 5,277 Sqft

Property Sub-Type Other Commercial Land

Property Description

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.

Location

State CA

County Santa Clara

Area Downtown Palo Alto

Zoning CDC

Exterior

Fence Partial Fencing

Utilities Available Public Utilities

Building

Lot Description Grade - Level, Regular

Sewer Sewer - Public

Water Public

Others

Tax ID 120-16-023

Horse Property No

Special Listing Condition Not Applicable

Virtual Tour https://player.vimeo.com/video/1192643528

Read Less Info
MLSListings Inc. (MLSListings)
Copyright 2026 MLSListings Inc All rights reserved.

GET MORE INFORMATION

Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate License ID: 02024903

Broker Associate License ID: 02024903

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from KW Peninsula Estates, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

640 Waverley ST

Find your next Bay Area home with

Josh Yoo.

As a Bay Area native and Top 1% real estate advisor, Josh brings local expertise, strategic guidance, and personal support to help you buy with confidence in a competitive market.