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$5,280,000

245 E Okeefe Street
East Palo Alto, CA 94303

Commercial Sale|Sold 04/18/2025
0
Beds
0
Full Baths
0
Partial Baths
21,526
SqFt
$245
/SqFt
1963
Built
County:
San Mateo
Listed by Scott Kilpatrick of Compass scott.kilpatrick@compass.com
Listed by Scott Kilpatrick of Compass scott.kilpatrick@compass.com
Call Now: 949.375.4430
Is this the home for you? We can help make it yours.
949.375.4430
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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 for 245 OKeefe= $547976, Total Income for portfolio = $1,448,531 annually. All three buildings located within Federal designated opportunity zone.

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
21,526 sqft
Lot Size 
0.5234 Acres
Year Built 
1963
MLS® Number 
ML81991256
Status 
Sold
Property Tax 
$73,950
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.5234
Carport 
26
Parking Spaces 
4
Special Circumstances 
Standard
SqFt Total 
21526
Water Source 
Public
Zoning 
R-I-U
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Exterior Features
Roof 
CompositionTar/Gravel
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Menlo-Atherton


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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