280 E Okeefe ST, East Palo Alto, CA 94303 – ML82005518

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$4,650,000

Est. payment - /mo

0.41 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82005518

HOA Y/N No

Year Built 1962

Annual Tax Amount $63,002

Lot Size 0.413 Acres

Property Description

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.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R2

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Carport Spaces 20

Utilities Available Natural Gas Available

Roof Type Elastomeric,Tar/Gravel

Building

Water Public

Schools

High Schools Menlo-Atherton

School District Other

Others

Tax ID 063441150

Special Listing Condition Standard

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Listed by Scott Kilpatrick Compass

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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280 E Okeefe ST East Palo Alto, CA 94303

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Schools

Others

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