Active

245 E Okeefe ST

EAST PALO ALTO CA, 94303

$6,350,000


$294.99 per sqft

Active

21,526 sqft

Multi-family

Built in 1963

Listed by Compass, Scott Kilpatrick, Listing Contact: 6508680738

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 two units, 16:1x1 and 6: 2x1 units with 24 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 20 units at 301 E. O'Keefe. Total of 62 units, 48, 1x1, 10, 2x1 and 4 Studios, total income = $1,406,308 annually.

ML81968270

MLS ID

June 4, 2024

Listed

July 13, 2024

Updated

Map

245 E Okeefe ST
EAST PALO ALTO CA, 94303

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.52 Acres


Roof

Composition, Tar/Gravel


Sewer

Public Sewer

School Information

School District

934


High School

Menlo-Atherton High

Other Property Details

Area Name

West of U.S. 101


Garage

No


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

R-I-U


Buyer Agency Compensation

2%

Listed by Compass, Scott Kilpatrick,
Listing Contact: 6508680738 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alex Buljan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Alex Buljan are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 12:27 PM UTC, 7/13/2024

 

 

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