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 units, 16:1x1 and 4: 2x1 units. This building has an elevator and pool, as well as 22 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 22 units at 245 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 #
ML81968269
MLS Source
MLSListings, Inc.
Days on Site
170
Interior Features
Appliances
Washer/Dryer
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Elastomeric, Rolled/Hot Mop, Polyurethane
Foundation
Quake Bracing
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
Complex Amenities
Elevator, Other
Zoning
R
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 20 | 20 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 650 | 1 | 1/0 | $1,225 | $2,721 | 16 |
| 2 | 925 | 2 | 1/0 | $1,649 | $3,000 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
201 E Okeefe St is a Residential Income in East Palo Alto, CA 94303. This 25,285 square foot property sits on a 0.458 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,725,000 and was built in 1962. This address can also be written as 201 E Okeefe St, East Palo Alto, CA 94303.
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This listing information is up-to-date as of September 27, 2024. For the most current information, please contact Scott Kilpatrick, (650) 868-0738
