$6,350,000
Active
19 Days Online
0 Beds0 Baths21,526 SQFT
Active

245 E Okeefe Street East Palo Alto, CA 94303

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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 6: 2x1 units with 24 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 20 units at 301 E. O'Keefe. Total of 62 units, 48, 1x1, 10, 2x1 and 4 Studios, total income = $1, 406, 308 annually.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountySan Mateo
  • Taxes$82,833
  • HOA/Condo/Coop Fees$0
  • Days on Site18 Days
  • MLS StatusActive
  • MLS ID NumberML81968270
  • Home Size Source Assessor
  • Year Built1963
  • Lot Size0.5234 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Acreage 0.5234
  • Water Public
  • Zoning R-I-U
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating Wall Furnace

Exterior Features

  • Roof Tar/ Gravel

Community Features

  • Association Dues 0
  • MLS Area 699 - Not Defined

Schools

School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Menlo-Atherton

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Monthly Payment (Est.)

$33,355
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