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280 E Okeefe Street, EAST PALO ALTO, CA 94303
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$4,650,000
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Home Details for 280 E Okeefe Street
Price
$4,650,000
Type
Multi Family
Year Build
1962
Sq. Ft.
20774
Lot Size
0.4134
County
San Mateo
Tax
$63,002
MLS®️ Listing#
ML82005518
On exitrealty.com
211 days
Listed By: Compass - 650-462-1111. Listed By: Scott Kilpatrick
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.
- Heating Information
- Central
- Forced Air
- Parking
- Carport
- Covered
- Cooling Information
- None
- Water Features
- Public
- Utilities
- Natural Gas Available
Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 MLSListings Inc. All rights reserved.
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Last Updated: 2025-11-13 05:17:38
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EXIT REALTY CONSULTANTS
1361 S. Winchester Blvd. Suite 103, San Jose, CA 95128
Licensed in the state of California
CA DRE# 01424183. Kris Klair Broker.
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$4,650,000
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EXIT REALTY CONSULTANTS
1361 S. Winchester Blvd. Suite 103, San Jose, CA 95128
Licensed in the state of California
CA DRE# 01424183. Kris Klair Broker.