Property Details
About this Property
Welcome to 280 E. OKeefe, a rare investment opportunity perfectly situated west of Highway 101 and north of University Avenue. This sixteen-unit apartment building offers exclusively large two-bedroom, one-bathroom units, each thoughtfully designed for comfortable living. With spacious layouts, there is excellent potential to easily convert existing dining rooms into additional bedrooms, further increasing rental income and maximizing the buildings value. The property sits on a sizable lot that includes approximately 6,000 square feet of vacant land, offering the opportunity to build additional Accessory Dwelling Units (ADUs) and dramatically enhance the income potential. Ideally located just 1.5 miles from vibrant downtown Palo Alto, 2 miles from the prestigious Stanford University campus, 3 miles to Metas global headquarters, and 4 miles to Googles headquarters, this property is at the center of Silicon Valleys most dynamic employment and innovation hubs. With strong existing fundamentals and a clear path for significant value-add through unit reconfigurations and land development. The combination of prime location, large unit sizes, and multiple expansion strategies make this a standout asset in todays competitive market.
MLS Listing Information
MLS #
ML82005518
MLS Source
MLSListings, Inc.
Days on Site
6
Interior Features
Kitchen
220 Volt Outlet
Appliances
Oven Range - Electric
Flooring
Carpet, Hardwood, Laminate, Tile, Vinyl/Linoleum
Cooling
None
Heating
Central Forced Air
Exterior Features
Roof
Elastomeric, Rolled/Hot Mop, Tar/Gravel
Foundation
Raised, Reinforced Concrete
Parking, School, and Other Information
Garage/Parking
Carport, Covered Parking, Parking Area, Garage: 0 Car(s)
Elementary District
Ravenswood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Complex Amenities
None
Zoning
R2
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 15 | 16 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,000 | 2 | 1/0 | $1,425 | $3,200 | 16 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
280 E Okeefe St is a Residential Income in East Palo Alto, CA 94303. This 20,774 square foot property sits on a 0.413 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,650,000 and was built in 1962. This address can also be written as 280 E Okeefe St, East Palo Alto, CA 94303.
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This listing information is up-to-date as of May 05, 2025. For the most current information, please contact Scott Kilpatrick, (650) 868-0738
