301 E Okeefe Street, East Palo Alto, CA 94303

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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.


Interior Features

Bedroom Information
Bedrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 301 E Okeefe Street
City East Palo Alto
State CA
Zip 94303
County San Mateo
Listing Agent Scott Kilpatrick DRE #01271912
Courtesy Of Compass
List Price $5,725,000
Status Active
Type Commercial
Structure Size N/A
Lot Size 19,950
Year Built 1963

Listing information courtesy of: Scott Kilpatrick, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.