Bought with Andres Lopez • M&MKW
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $4,800,000
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 17,879 sqft
Price per Sqft $268
MLS Listing ID ML81991246
Bedrooms 1
Full Baths 2
Year Built 1963
Lot Size 0.458 Acres
Property Sub-Type Five or More Units
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 units, 16:1x1 and 4: Studio units with 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 20 units at 201 E. O'Keefe and 22 units at 245 E. O'Keefe. Total of 62 units, 48, 1x1, 10, 2x1 and 4 Studios, total income = $ 424,780 annually. Total Portfolio income = $1,448,531 All three buildings located within Federal designated opportunity zone.
Location
State CA
County San Mateo
Area West Of U.S. 101
Zoning R
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Carpet, Laminate, Vinyl / Linoleum
Laundry Coin Operated
Exterior
Parking Features Assigned Spaces, Carport
Garage Spaces 2.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Composition,Shingle
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 MLSListings Inc. All rights reserved.
Get More Information
- Homes For Sale in Atherton, CA
- Homes For Sale in Belmont, CA
- Homes For Sale in Brisbane, CA
- Homes For Sale in Burlingame, CA
- Homes For Sale in Campbell, CA
- Homes For Sale in Cupertino, CA
- Homes For Sale in Daly City, CA
- Homes For Sale in East Palo Alto, CA
- Homes For Sale in Foster City, CA
- Homes For Sale in Fremont, CA
- Homes For Sale in Hayward, CA
- Homes For Sale in Hillsborough, CA
- Homes For Sale in Los Altos, CA
- Homes For Sale in Los Altos Hills
- Homes For Sale in Los Gatos, CA
- Homes For Sale in Menlo Park, CA
- Homes For Sale in Millbrae, CA
- Homes For Sale in Milpitas, CA
- Homes For Sale in Monte Sereno, CA
- Homes For Sale in Mountain View, CA
- Homes For Sale in Newark, CA
- Homes For Sale in Pacifica, CA
- Homes For Sale in Palo Alto, CA
- Homes For Sale in Portola Valley, CA
- Homes For Sale in Redwood City, CA
- Homes For Sale in Redwood Shores, CA
- Homes For Sale in San Bruno, CA
- Homes For Sale in San Carlos, CA
- Homes For Sale in San Jose, CA
- Homes For Sale in San Mateo, CA
- Homes For Sale in Santa Clara, CA
- Homes For Sale in Saratoga, CA
- Homes For Sale in South San Francisco, CA
- Homes For Sale in Sunnyvale, CA
- Homes For Sale in Union City, CA
- Homes For Sale in Woodside, CA