$ 4,650,000
-
$4,650,000
Price -
0
Bed - Bath
-
20,774
SqFt
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About the Listing ML5014372 - ML5100620
Welcome to 280 E. OKeefe, a rare investment opportunity perfectly situated west of Highway 101 and north of University Avenue. This sixteen-unit apartment building offers exclusively large two-bedroom, one-bathroom units, each thoughtfully designed for comfortable living. With spacious layouts, there is excellent potential to easily convert existing dining rooms into additional bedrooms, further increasing rental income and maximizing the buildings value. The property sits on a sizable lot that includes approximately 6,000 square feet of vacant land, offering the opportunity to build additional Accessory Dwelling Units (ADUs) and dramatically enhance the income potential. Ideally located just 1.5 miles from vibrant downtown Palo Alto, 2 miles from the prestigious Stanford University campus, 3 miles to Metas global headquarters, and 4 miles to Googles headquarters, this property is at the center of Silicon Valleys most dynamic employment and innovation hubs. With strong existing fundamentals and a clear path for significant value-add through unit reconfigurations and land development. The combination of prime location, large unit sizes, and multiple expansion strategies make this a standout asset in todays competitive market.
Listing Highlights for 280 E Okeefe St
Status
Active
Days on Site
123
Property Type
Commercial Sale
MLS ®
ML82005518
Year Built
1962
Total Square Footage
20,774
Lot/Acreage
N/A
County
San Mateo
Area
699 - Not Defined
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: R2
- Roof: Elastomeric,Tar/Gravel
- Others:
- Sewer:
Financial Details
- Tax Amount: $63,002
- Taxes w/Assessments: N/A
- Tax/Property ID: 063441150
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
280 E Okeefe St East Palo Alto, CA 94303
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