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530 Webster St
Palo Alto, CA 94301 Downtown Palo Alto

$10,500,000 USD

Apartments For Sale • 10,336 SF

Property Details

Property Type Apartments
Total Building Size 10,336 SF
Lot Size 0.34 AC
Building Class C
Year Built 1927
Cap Rate 4.26 %
Zoning RM5, Palo Alto

60 Transit Score

80 Walk Score

                
                    Highlights
                
                                16 units in the heart of downtown Palo Alto, 11,035 total sf on a large 15,000 sf lot in an A+ location
                            
                                1.3M Capital Improvements implemented in 2019, including 400 AMP panel with new interior sub-panels, copper plumbing, Romex wiring, stucco refresh
                            
                                Nine 1-bed/1-bath units + Seven over-sized Studios
                            
                                Gorgeous architecture with a beautiful courtyard and fountain centerpiece — a building people stop to photograph
                            
                                In-unit laundry in all large 1-bed units; updated kitchens and baths in almost all units
                            
                                8 garages onsite, plus additional storage and a laundry room

Property Flyers

Floor Plan - Level 1

Floor Plan - Level 2

Financial Summary (Actual)

Net Operating Income: $447,066 USD (2025)

Cap Rate:	4.26 %
Total Expenses:	$216,443 USD

Amenities

Courtyard
Laundry Facilities
Heating
Kitchen
Range
Bicycle Storage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	3 min	15 min	0.8 mi
	6 min	-	2.0 mi
Transit/Subway	Drive	Walk	Distance
Palo Alto (Caltrain - Caltrain (Caltrain))	3 min	15 min	0.7 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	23 min	-	15.4 mi
San Francisco International	29 min	-	19.9 mi
Metro Oakland International	42 min	-	28.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Covered
Included in Rent:	Yes

Kelly Griggs 650-464-1965 Coldwell Banker Realty

530 Webster St Palo Alto, CA 94301 Downtown Palo Alto