280 E Okeefe Street, East Palo Alto, CA 94303
- 20,774 sqft
Commercial Property
Built in 1962
0.41acre lot
—— car garage
$224/sqft
Listed 3 months ago
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.
- Listing Status:
- Active
- Date Added:
- May 5, 2025 at 05:00AM
- Listing Office:
- Compass : (650) 462-1111
- Listing Agent:
- Scott Kilpatrick : 650-868-0738
- MLS ID:
- ML82005518

- A/C: None
- Heating: Central
This listing courtesy of Scott Kilpatrick, Compass
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Willow Oaks School
620 Willow Rd, Menlo Park, CA, 94025
Grades KG-8
0.47 miles away
Willow Oaks School
620 Willow Rd, Menlo Park, CA, 94025
Grades KG-8
0.47 miles away