REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$4,650,000
Est. payment /mo
0.41 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82005518
HOA Y/N No
Year Built 1962
Annual Tax Amount $63,002
Lot Size 0.413 Acres
Property Description
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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R2
Interior
Heating Central
Cooling None
Fireplace No
Exterior
Carport Spaces 20
Utilities Available Natural Gas Available
Roof Type Elastomeric,Tar/Gravel
Building
Water Public
Schools
High Schools Menlo-Atherton
School District Other
Others
Tax ID 063441150
Special Listing Condition Standard
Read Less Info

Listed by Scott Kilpatrick Compass
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
Serving Southern California
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
- Home For Sale in Los Angeles County HOT
- Home For Sale in San Diego County HOT
- Home For Sale in San Bernardino County HOT
- Home For Sale in Orange County HOT
- Home For Sale in Riverside County HOT
- Homes For Sale in Los Angeles, CA HOT
- Homes For Sale in Beverly Hills, CA
- Homes For Sale in West Hollywood, CA HOT
- Homes For Sale in Culver City, CA
- Homes For Sale in San Fernando, CA
- Homes For Sale in Burbank, CA
- Homes For Sale in Pasadena, CA
- Homes For Sale in San Diego, CA HOT
- Homes For Sale in Oceanside, CA HOT
- Homes For Sale in Newport Beach, CA
- Homes For Sale in Costa Mesa, CA HOT
- Homes For Sale in Huntington Beach, CA
- Homes For Sale in Anaheim, CA
- Homes For Sale in Riverside, CA HOT
- Homes For Sale in Temecula, CA HOT
- Homes For Sale in Murrieta, CA HOT
- Homes For Sale in Menifee, CA
- Homes For Sale in Moreno Valley, CA
- Homes For Sale in Hemet, CA
- Homes For Sale in San Jacinto, CA
- Homes For Sale in San Bernardino, CA HOT
- Homes For Sale in Big Bear City, CA
- Homes For Sale in Orange, CA HOT
- Homes For Sale in Palm Springs, CA HOT
- Homes For Sale in La Quinta, CA