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Financial
Distress signals
Property profile

201 Okeefe St East Palo Alto, CA 94303

OFF-MARKET
Apartment buildings
Property ID
US09-1248956
25,285 SF 0.46 ac lot Built 1962
Last sale Apr 2025 · $14,480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three stabilized apartment buildings totaling 62 units in desirable East Palo Alto, CA. The portfolio boasts a combined 68,337 net rentable square feet situated on a 62,700 square foot lot, with a current NOI of $800,074 and a pro-forma NOI of $1,356,590, representing a 4.49% cap rate and a pro-forma cap rate of 7.62%. The buildings, constructed between 1962 and 1963, consist of three stories each and feature a mix of one- and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$72k
Tax billed · 2024
Assessed value$5.21M
Assessed land$3.68M
Assessed improvement$1.53M
Effective rate1.38%

Value estimate

· Oct 2026
$11.58M
$10.42M – $12.74M
CAP approach$10.59M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$370/SF
County average, outlier-cleaned · 571 recorded sales of this use type
Observed band · Q1–Q3$193 – $618
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.4
Parking Facility14.1
Pawn Shop10.6

Location

201 Okeefe St East Palo Alto, CA 94303-2166
County assessor Recorded deeds · 12 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
245 Okeefe, East Palo Alto, CA 94303-2170 $14,480,000 Apr 2025 21,526 SF
301 Okeefe, East Palo Alto, CA 94303-2174 $14,480,000 Apr 2025 17,879 SF
2033 Manhattan, East Palo Alto, CA 94303-2259 $2,553,032 Jul 2023 14,912 SF
2721 Midtown, Palo Alto, CA 94303-3965 $20,000,000 Mar 2023 44,196 SF
220 Okeefe, East Palo Alto, CA 94303-2167 $5,496,500 May 2020 20,800 SF
1760 Bay, East Palo Alto, CA 94303-1664 $8,450,000 May 2020 19,378 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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