Okeefe Street East Palo Alto, CA 94303
Sixteen-unit apartment building with expansion potential near Silicon Valley hubs.
Type:Commercial
Property size:
20,774 SFLot size:
0.41 AcresPrice / SF:
$223/SF- Added:
- May 5, 2025
- Days on Market:
- 356
- Last Refresh:
- Apr 5 at 8:41 pm
Property Features for Okeefe Street
General Information
- Standard status
- Active
- Size
- 20,774 SF
- Lot size
- 0.41 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1962
Listing agent SCOTT KILPATRICK License #01271912
Listing office COMPASS (650) 868-0738
Listing date May 5, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of COMPASS
Overview
East Palo Alto Multifamily Investment
Located west of Highway 101 and north of University Avenue, this sixteen-unit apartment building features exclusively large two-bedroom, one-bathroom units. The units are designed with spacious layouts, presenting the potential to convert existing dining rooms into additional bedrooms to increase rental income. The property includes approximately 6,000 square feet of vacant land, offering the opportunity to build additional Accessory Dwelling Units (ADUs) and enhance the income potential. Situated 1.5 miles from downtown Palo Alto, 2 miles from Stanford University, 3 miles from Meta's global headquarters, and 4 miles from Google's headquarters, the property is centrally located to Silicon Valley's employment and innovation hubs. The property sits on a lot of 20774 square feet. The combination of location, unit sizes, and expansion strategies make this a standout asset.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- East Palo Alto
- County
- Santa Clara
- State
- California
- Longitude
- -122.149
- Latitude
- 37.4619
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FAQs
What type of property is this?
Apartment building - Sixteen-unit apartment building with expansion potential near Silicon Valley hubs.
Where is this apartment building located?
The property is located at Okeefe Street East Palo Alto, CA.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Prime location: Just 1.5 miles from downtown Palo Alto, near Stanford University, Meta, and Google headquarters.; Significant value‑add potential through ADU development on approximately 6,000 sq ft of vacant land.; Large two‑bedroom units offer opportunity to convert dining rooms into additional bedrooms, increasing rental income.
