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… Read More 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. Read Less
Courtesy of Compass, Scott Kilpatrick 650-868-0738
Listing Snapshot
Days Online
117
Last Updated
Property Type
Five Or More Units
Square Ft.
20,774
Lot Size
0.41 Acres
Year Built
1962
MLS Number
ML82005518
30 Days Snapshot Of 94303
$3.01M
+2%
(avg) sold price
21
+23%
homes sold
33
+26%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 18007.00, Max Area Units: Square Feet, Lot is 0.41338383838384 acres
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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