280 E Okeefe Street, East Palo Alto, CA 94303 - Berkshire Hathaway HomeServices California Properties
280 E Okeefe Street East Palo Alto, CA 94303
$4,650,000 0 beds, 0 baths
0 sqft

Agent Remarks

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 Details

Property type: (Commercial)
Status: Active
MLS# ML82005518
List price is $4,650,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1962
0.41 acres
Lot size: 0.4134
County: San Mateo
Zoning: R2
Construction: Concrete
Heating/cooling: None
Heating description: Central
MLS area: 699 - Not Defined

Last Updated: 5/5/2025

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.461845, -122.148677.
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Listing Agent: Scott Kilpatrick
Lic#: 01234982
Office Name: Mission Viejo

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