245 E Okeefe Street
East Palo Alto, CA 94303
Active for $6,350,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 22,800 sqft
| MLS | ML81968270 |
| Year Built | 1963 |
| Property Type | |
| County | San Mateo |
| Status | Active |
| Active | $6,350,000 |
| Structure Size | N/A sqft |
| Lot Size | 22,800 sqft |
| Beds | N/A |
| Baths |
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 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 = $1,406,308 annually.
Listing information courtesy of: Scott Kilpatrick, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of 11/14/2024 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.
Location
Contact a Local Realtor®
Armand Bogossian
REALTOR®
Direct: 818.636.2530
Email: Email Me
DRE: 02121391
DRE #01873088
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