USACAPalo Alto530 Webster Street
Listing image | Image 1

530 Webster Street, Palo Alto, CA

House

For Sale

Listed price in listed location currency (USD).
$10,500,000

000

MLS® ML82054084

Open House
Thu Jul 16, 11:00 AM - 1:00 PM PDT
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $126,942
Days Active 1
Lot Size 0.3444 Acres
Approx. Age 1927
MLS® Number ML82054084

Property Address: 530 Webster Street, Palo Alto, CA, 94301

Average square foot calculated using Size range provided by listing agent.

Description

A rare 16-unit trophy asset in the heart of Downtown Palo Alto. This stunning 1920s-era Spanish Colonial Revival building sits on a generous 15, 000 SF lot with 11, 035 SF of building area, half a block from University Avenue's renowned dining, shopping, and retail - an A+ location that speaks for itself. The unit mix features 9 1-bed/1-bath units and 7 oversized studios, almost all with updated kitchens and baths, and in-unit laundry in all large 1-bedroom units. The property is a showpiece: tile roofline, stucco exterior, arched windows/doorways, wrought-iron, and a lushly landscaped courtyard centered on a classic tiered fountain - the kind of building people stop to photograph. Ownership invested ~$1.3M in capital improvements in 2019, including new 400 AMP electrical panel, updated interior sub-panels, copper plumbing, Romex wiring, and exterior stucco refresh. 8 onsite garages, add'l storage, and dedicated laundry room. Recently signed June 2026 leases confirm market rents are achievable. Rarely does a property like this come to market - an architectural beauty in an irreplaceable location, offering stable in-place cash flow, proven rent upside, and the kind of curb appeal that simply can't be built today. A true once-in-a-generation opportunity for the discerning investor!
MLS® NumberML82054084
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1927
Basement
Driveway
Garage Spaces
HeatElectric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 13, 2026List Date
$10,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
530 Webster Street, Palo Alto, CA

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