Spanish Colonial Revival Apartment
530 Webster Street Palo Alto, CA 94301
530 Webster Street, Palo Alto, CA, 94301
$10,500,000
For Sale
$10,500,000
16-unit apartment building on a landscaped courtyard, featuring Spanish Colonial Revival architecture and a mix of studios and one-bedrooms.
Property Size11,035 SF
Price / SF$951.52
Days on Market9
Property Features for 530 Webster Street
General Information
- Standard status
- Active
- Size
- 11,035 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1927
Listing agency
COLDWELL BANKER REALTY
(650) 324-4456
Listed by
KELLY GRIGGS · License #01812313
Source
Corcoran
Added: Jul 14 Updated: Jul 21 at 1:12AM Checked: Jul 21 at 5:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
Built in the 1920s, this Spanish Colonial Revival apartment building offers 16 residential units in a setting centered on a landscaped courtyard and tiered fountain. Exterior features include stucco construction, arched window and doorway openings, and wrought-iron accents, along with a tile roofline. The unit mix consists of nine 1-bedroom/1-bath units and seven oversized studio units. Almost all units have updated kitchens and baths, and in-unit laundry is provided in the large 1-bedroom units.
The property is located in Downtown Palo Alto, about half a block from University Avenue’s dining, shopping, and retail.
Ownership completed approximately $1.3M in capital improvements in 2019, including a new 400 AMP electrical panel, updated interior sub-panels, copper plumbing, Romex wiring, and an exterior stucco refresh. The building also includes eight onsite garages, additional storage, and a dedicated laundry room. Recently signed June 2026 leases support the stated ability to achieve market rents.
The property is located in Downtown Palo Alto, about half a block from University Avenue’s dining, shopping, and retail.
Ownership completed approximately $1.3M in capital improvements in 2019, including a new 400 AMP electrical panel, updated interior sub-panels, copper plumbing, Romex wiring, and an exterior stucco refresh. The building also includes eight onsite garages, additional storage, and a dedicated laundry room. Recently signed June 2026 leases support the stated ability to achieve market rents.
Key Highlights
- 1927 Spanish Colonial Revival 16‑unit apartment building with Spanish‑style features including arched windows/doorways and wrought‑iron
- 11,035 SF building area on a 15,000 SF lot with a landscaped courtyard centered on a tiered fountain
- Unit mix: 9 one‑bed/one‑bath units and 7 oversized studios; almost all units have updated kitchens and baths
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FAQs
What type of property is this?
Apartment building - 16-unit apartment building on a landscaped courtyard, featuring Spanish Colonial Revival architecture and a mix of studios and one-bedrooms.
Where is this apartment building located?
The property is located at 530 Webster Street Palo Alto, CA.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 1927 Spanish Colonial Revival 16‑unit apartment building with Spanish‑style features including arched windows/doorways and wrought‑iron; 11,035 SF building area on a 15,000 SF lot with a landscaped courtyard centered on a tiered fountain; Unit mix: 9 one‑bed/one‑bath units and 7 oversized studios; almost all units have updated kitchens and baths
