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Okeefe St East Palo Alto, CA 94303

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For Sale
$4,650,000

Sixteen-unit apartment building with expansion potential near Silicon Valley hubs.

Property size:
20,774 SF
Lot size:
0.41 Acres

Property Features for Okeefe St

General Information

Standard status
Active
Size
20,774 SF
Lot size
0.41 Acres

Building Details

Year built
1962

Source: COMPASS Agent SCOTT KILPATRICK

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


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
-122.149043
Latitude
37.4619

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 St 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.
More about this property
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