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E OkeefeEast Palo Alto, CA 94303

For Sale

$4,650,000

Smart Buyer Rebate $46,500

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.

Listed by Scott Kilpatrick

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License #01271912

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Compass

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650-868-0738

Last updated August 29, 2025

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Source: MLSListings #ML82005518

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Palo Alto
  • Days on Prevu129
  • Size20,774 sqft
  • Price per sqft$224

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

05/05/2025
Listed by Compass
$4,650,000

Property Details for E Okeefe

Association

General

  • Number Of Units In Community: 16

Exterior

Construction

  • Roof: Elastomeric, Rolled/Hot Mop, Tar/Gravel
  • Year Built: 1962

Measurements

  • Building Area Total: 20,774
  • Lot Size Acres: 0.41
  • Lot Size Area: 18,007
  • Lot Size Square Feet: 18,007

Financial

Taxes

  • Parcel Number: 063-441-150

Interior

Features

  • Appliances: Oven Range - Electric
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl/Linoleum

Measurements

  • Living Area: 20,774

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport, Covered Parking, Parking Area

Schools

Elementary School

  • Elementary School District: Ravenswood City Elementary

High School

  • High School: Menlo-Atherton High
  • High School District: Sequoia Union High

Utilities

Equipment

  • Heating: Central Forced Air
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.