628 Waverley Street, PALO ALTO, CA 94301
The R&Z Group has successfully closed the sale of 628 Waverley St, Palo Alto, CA 94301 at $4,295,000. The 14-unit property closed at a 5.87% cap rate, generated multiple offers, and had a non-contingent offer accepted on day one. The R&Z Group represented both the buyer and seller in this transaction.
Spanning 4,250 square feet, the unit mix includes one 2-bedroom/1-bath, three 1-bedroom/1-bath, and ten studio units — one block from Downtown Palo Alto and in close proximity to Stanford University. The asset features a shared laundry room, detached garage, and upside through RUBS utility bill-back implementation.
Contact The R&Z Group:
Ray Rodriguez | (650) 405-0743 | Lic# 01999734
Tony Zizzo | (650) 770-8356 | Lic# 01962093
Studio
4,200 Sq.Ft. LIVING AREA
5,248.98 Sq.Ft. lot