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Property profile & analytics
OFF-MARKET
Apartment buildings
301 Okeefe St, East Palo Alto, CA 94303-2174
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3304938
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
17,879 SF
Lot
0.46 ac (20,008 SF)
APN
063-442-180
UPID
US10-3304938
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sao LLC · 1 yrs held
Sao LLC
since 2025
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Palo Alto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Palo Alto submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$73,949
Tax year 2024
Assessed value
$5,392,415
Assessed 2024
Previous assessed
$5,392,415
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$4,723,105
Assessed improvement
$669,310
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Heating
NONE
Stories
3
Units
20
Rooms
56
Bathrooms
20
Total area
17,879 SF
Lot
0.46 ac (20,008 SF)
APN
063-442-180
UPID
US10-3304938
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
3
Units
20
Rooms
56
Bathrooms
20
Lot
0.46 ac
Current owner
From public records · entity-resolved
Sao LLC
Entity
Mailing address
2600 EL CAMINO REAL STE #410, PALO ALTO, CA 94306-1719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2025
$14,480,000
Sao LLC
Woodland Park Property Owner LLC
Grant Deed
—
Jun 2, 2023
—
Woodland Park Property Owner LLC
—
Deed
related
$165,000,000 · Ocbc Bank
Jul 13, 2021
—
Woodland Park Property Owner LLC
Woodland Aprk Property Owner A LLC
Intrafamily Transfer
related
—
Dec 28, 2017
$4,834,000
Woodland Park Prop Owner A LLC
Louie,david
Grant Deed
—
Sep 15, 2015
—
David Louie
Louie,ann M
Quit Claim Deed
related
—
Sep 15, 2015
$4,273,500
David Louie
Newlands Ents LLC
Grant Deed
$2,300,000 · Wholesale Cap
Apr 5, 2011
$1,800,000
Newlands Ents LLC
Countrywide Heritage LLC
Grant Deed
$1,350,000 · Circle Bank
May 23, 2006
$2,265,000
Countrywide Heritage LLC
301 East Okeefe LLC
Grant Deed
$1,500,000 · East West Bank
Jan 25, 2000
$487,500
301 East Okeefe LLC
Rosetti,william J
Grant Deed
$975,000 · Luther Burbank Savings & Loan
Mar 24, 1998
$82,500
Richard T Spieker
301 Okeefe Investments
Grant Deed
related
—
—
—
301 East Okeefe LLC
—
Deed Of Trust
related
$1,190,000 · Sonoma National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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