East Palo Alto, CA 94303,301 E Okeefe ST
East Palo Alto, CA 94303,301 E Okeefe ST
East Palo Alto, CA 94303,301 E Okeefe ST
16
$4,800,000
$5,050,000
5.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.46 Acres Lot

301 E Okeefe ST East Palo Alto, CA 94303

Est. payment /mo
SOLD DATE : 04/18/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Nathan King Real Estate Group

Nathan King Real Estate Group

+1(559) 396-0000

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $4,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81991246

Year Built 1963

Annual Tax Amount $67,246

Lot Size 0.458 Acres

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.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Exterior

Roof Type Composition,Shingle

Building

Water Public

Schools

High Schools Menlo-Atherton

School District Other

Others

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Scott Kilpatrick • Compass
Bought with Andres Lopez • Marcus & Millichap

Get More Information

agent

Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

Name
Phone*
Message