301 E Okeefe ST, East Palo Alto, CA 94303
- $4,800,000
- 17,879
- SqFt
Listed by Scott Kilpatrick, 650-868-0738 from Compass
(If provided) CoList: from
Sold listing courtesy of Andres Lopez from M&MKW
- Sold Price
- $4,800,000
- List Price
- $5,050,000
- Closing Date
- Apr 18, 2025
- MLS#
- ML81991246
- Status
- SOLD
- Sqft. of Residence
- 17,879
- Lot Size
- 19,950
- Listing Area
- West Of U.S. 101
- Year Built
- 1963
Property Description
Adjacent to Menlo Park, to North and West. This amazing opportunity is tucked into a residential neighborhood just West of Hwy 101 and North of University Ave. This building consists of twenty units, 16:1x1 and 4: Studio units with 22 parking stalls. All residents have access to free Wi-Fi. There are approved plans for 550 new apartments as well as community center and park just down the street. This will greatly improve the neighborhood. Very few opportunities to purchase on the West side in East Palo Alto. Currently being sold in conjunction with 20 units at 201 E. O'Keefe and 22 units at 245 E. O'Keefe. Total of 62 units, 48, 1x1, 10, 2x1 and 4 Studios, total income = $ 424,780 annually. Total Portfolio income = $1,448,531 All three buildings located within Federal designated opportunity zone.
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Additional Information
- Acres
- 0.46
- Age
- 62
- Amenities
- None
- Cooling System
- Window / Wall Unit
- Days On Market
- Unknown
- Floor Covering
- Carpet, Laminate, Vinyl / Linoleum
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Assigned Spaces, Carport
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 17,879
- Lot Size
- 19,950
- Neighborhood
- West Of U.S. 101
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public
- Zoning
- R
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