$5,280,000

245 E Okeefe ST, East Palo Alto CA, 94303

Price per sqft$245.28

Built in1963

Property size21,526 sqft

Property typeResidential

Overview

Sold

Listed Jan 22, 2025

Updated 2 weeks ago

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.

Additional information

MLS^® ID: ML81991256

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.52 Acres

Listed by Compass, Scott Kilpatrick DRE:01271912,
Listing Contact: 650-868-0738

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Chirko Group | CA DRE# 01875909 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 10:44 PM UTC, 10/23/2026