Palo Alto, CA 94301
$10,500,000
Bed
0
Bath
0
Living Space
11,035 SqFt
Year Built
1927
Lot Size
0.34 Acres
Days
47
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!
Listing provided courtesy ofKelly Griggs License 01812313 Coldwell Banker Realty, Billy McNair License 01343603 Coldwell Banker Realty
Data provided by MLSListings Inc.
Palo Alto Unified School District is the school district for this area. Specific school assignments for "Webster Palo Alto, CA" were not found.
Within a 1-2 mile radius of Webster Palo Alto, CA, several parks and recreation areas are available. These include Rinconada Park, which features a community swimming pool, tennis courts, and a large playground; Heritage Park, a 2.01-acre park with an open grass area and a children's playground; and Cornelis Bol Park, offering a playground, open grassy area, and walking/biking trails. Baylands Nature Preserve, a large 1,940-acre area with 15 miles of multi-use trails, is also nearby.
The neighborhood surrounding Webster Palo Alto, CA, is known as University South. This area is characterized by its vibrant community, with regular farmers' markets, art events, and cultural festivals. It offers a blend of professional vitality and relaxed suburban charm, with tree-lined streets and proximity to dining, shopping, and major tech firms.
Webster Palo Alto, CA, has a Walk Score of 56 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The area also has a Transit Score that is not explicitly listed but is described as having "a few nearby public transportation options." Public transit includes bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC and rail lines including the Palo Alto Caltrain Northbound stop.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
Palo Alto Unified School District is the school district for this area. Specific school assignments for "Webster Palo Alto, CA" were not found.
Within a 1-2 mile radius of Webster Palo Alto, CA, several parks and recreation areas are available. These include Rinconada Park, which features a community swimming pool, tennis courts, and a large playground; Heritage Park, a 2.01-acre park with an open grass area and a children's playground; and Cornelis Bol Park, offering a playground, open grassy area, and walking/biking trails. Baylands Nature Preserve, a large 1,940-acre area with 15 miles of multi-use trails, is also nearby.
The neighborhood surrounding Webster Palo Alto, CA, is known as University South. This area is characterized by its vibrant community, with regular farmers' markets, art events, and cultural festivals. It offers a blend of professional vitality and relaxed suburban charm, with tree-lined streets and proximity to dining, shopping, and major tech firms.
Webster Palo Alto, CA, has a Walk Score of 56 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The area also has a Transit Score that is not explicitly listed but is described as having "a few nearby public transportation options." Public transit includes bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC and rail lines including the Palo Alto Caltrain Northbound stop.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
