Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81968270
MLS Source
MLSListings, Inc.
Days on Site
167
Interior Features
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Rolled/Hot Mop, Tar/Gravel
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Elementary District
Ravenswood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R-I-U
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 22 | 22 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 700 | 1 | 1/0 | $1,238 | $2,650 | 14 |
| 2 | 900 | 2 | 1/0 | $1,418 | $2,950 | 6 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
245 E Okeefe St is a Residential Income in East Palo Alto, CA 94303. This 21,526 square foot property sits on a 0.523 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,350,000 and was built in 1963. This address can also be written as 245 E Okeefe St, East Palo Alto, CA 94303.
©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of September 27, 2024. For the most current information, please contact Scott Kilpatrick, (650) 868-0738
