CA > East Palo Alto
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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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Scott Kilpatrick • Compass
$5,050,000
Est. payment /mo
1 Bed
2 Baths
17,879 SqFt
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UPDATED:

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 $282

MLS Listing ID ML81991246

Bedrooms 1

Full Baths 2

Year Built 1963

Lot Size 0.458 Acres

Property Sub-Type Five or More Units

Property Description

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 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 = $ 424,780 annually. Total Portfolio income = $1,448,531 All three buildings located within Federal designated opportunity zone.

Location

State CA

County San Mateo

Area West Of U.S. 101

Zoning R

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Carpet, Laminate, Vinyl / Linoleum

Laundry Coin Operated

Exterior

Parking Features Assigned Spaces, Carport

Community Features Elevator

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Others

Restrictions Age - No Restrictions

Tax ID 063-442-180

Miscellaneous None

Security Features Security Fence

Special Listing Condition Not Applicable

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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