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Ilma's Inc.
756 Waverley Street, Palo Alto, CA 94301
- $2,700,000
- 2,448
- SqFt
- Sold Price
- $2,700,000
- List Price
- $2,888,000
- Closing Date
- Oct 20, 2025
- Status
- CLOSED
- MLS#
- ML82008662
- Year Built
- 1910
- Living Sq. Ft
- 2,448
- Lot Size
- 5,000
- Acres
- 0.11
- Days on Market
- 116
- Property Type
- Multifamily
- Style
- Cottage
- Property Sub Type
- Triplex
Property Description
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.
Additional Information
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- View
- None
- Roof
- Shingle
- Sewer
- Public Sewer
- School District
- Palo Alto Unified
- Elementary School
- Other
- Middle School
- Other
- High School
- Palo Alto
- Attached Structure
- Detached
- Gross Scheduled Income
- $111,000
Listing courtesy of Listing Agent: DeLeon Team (michaelr@deleonrealty.com) from Listing Office: Deleon Realty.
Listing sold by Nan Zhou from Agents Realty and Finance
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.