Keller Williams - Silicon Valley - Coco Tan
1/21
Listing Courtesy Of: Compass, 650-868-0738, Scott Kilpatrick
Local Realty Services Provided By: Keller Williams Palo Alto
Overview
What It'll Cost
Neighborhood
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$5,535,000
Okeefe, East Palo Alto, CA 94303
21,526 sq ft
.52 ac
$5,535,000

Okeefe, East Palo Alto, CA 94303

Estimation provided by Keller Williams Realty Inc.
21,526 sq ft
.52 ac
Active
For Sale

Property Description

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.

Property Details

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Overview
Property Type
Five Or More Units
Property Size
21,526 sq ft
Year Built
1963
Days on Site
68 Days
HVAC
Wall Furnace, Window/Wall Unit
Parking
4 Parking Spaces
Coco Tan Team
Keller Williams - Silicon Valley
01376998

Activity History

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0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $5,535,000
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Price & Tax History

Date
Event
Price
01/22/2025
Listed
$5,535,000
(-9.15%)
02/18/2016
Sold
$6,092,500
(-64.61%)
12/01/2011
Sold
$17,216,000
(+1,109.87%)
03/02/2010
Sold
$1,422,963
(-45.48%)
03/19/2007
Sold
$2,610,000
(+2.15%)
04/05/2006
Sold
$2,555,000
(+33.07%)
05/29/2002
Sold
$1,920,000
(+47.69%)
03/24/2000
Sold
$1,300,000
(+21.67%)
08/14/1998
Sold
$1,068,500
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$74,604
(+6.1%)
$5,524,382
Land 4,224,529 + Additions 1,299,853
2021
$70,315
(+0.67%)
$5,309,866
Land 4,060,487 + Additions 1,249,379
2019
$69,850
(+2.21%)
$5,152,375
Land 3,940,052 + Additions 1,212,323
2018
$68,339
(+94.04%)
$5,051,349
Land 3,862,797 + Additions 1,188,552
2016
$35,218
$4,855,200
Land 3,712,800 + Additions 1,142,400
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Coco Tan Team
Keller Williams - Silicon Valley
01376998

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