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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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280 Okeefe Street, East Palo Alto – $4,650,000

  • $4.7M Price
  • .41 Acres
  • 146 DOM
  • $4.7M Price
  • .41 Acres
  • 146 DOM

280 Okeefe Street

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.

Essential Information

  • MLS® #ML82005518
  • Price$4,650,000
  • Bathrooms0.00
  • Acres0.41
  • Year Built1962
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address280 Okeefe Street
  • Area699 - Not Defined
  • CityEast Palo Alto
  • CountySan Mateo
  • Zip Code94303

Amenities

  • UtilitiesNatural Gas Available

Interior

  • HeatingCentral
  • CoolingNone

Exterior

  • ExteriorConcrete
  • RoofElastomeric, Tar/Gravel
  • ConstructionConcrete

School Information

  • DistrictOther
  • HighMenlo-Atherton

Additional Information

  • Date ListedMay 5th, 2025
  • Days on Market146
  • ZoningR2

Listing Details

  • AgentScott Kilpatrick
  • OfficeCompass
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Scott Kilpatrick, Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of September 28th, 2025 at 6:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.