CA > East Palo Alto
East Palo Alto, CA 94303,301 E Okeefe ST
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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
East Palo Alto, CA 94303,301 E Okeefe ST
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David Lucas

David Lucas

+1(650) 399-0121
$ 5,725,000
Est. payment /mo
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Active

301 E Okeefe ST East Palo Alto, CA 94303

1 Bed

2 Baths

17,879 SqFt

UPDATED:

09/27/2024 09:12 PM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 17,879 sqft

Price per Sqft $320

MLS Listing ID ML81968271

Bedrooms 1

Full Baths 2

Year Built 1963

Lot Size 0.458 Acres

Property Description

Seller Carried Financing Available 35-40% Down, +/- 3.75% Interest Only Fixed for +/- Five Years. 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 two 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 = $1,406,308 annually.

Location

State CA

County San Mateo

Area West Of U.S. 101

Zoning R

Interior

Heating Wall Furnace

Cooling None

Laundry Coin Operated, Washer / Dryer

Exterior

Garage Covered Parking, Electric Gate, On Street

Community Features Community Security Gate, Elevator

Utilities Available Public Utilities

Roof Type Concrete

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Others

Restrictions Age - No Restrictions,Pets - Cats Permitted,Pets - Dogs Permitted,Pets - Number Restrictions,Pets - Rules

Tax ID 063-442-180

Security Features Controlled / Secured Access

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)
© 2024 MLSListings Inc. All rights reserved.
Listed by Scott Kilpatrick • Compass

David Lucas

Agent | License ID: 02114304

+1(650) 399-0121

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301 E Okeefe ST