For Sale For Rent
Advertise
bedrooms
bedrooms
2
bathrooms
bathrooms
0
square feet
square feet
20,774
acreage
Acreage
0.4134
open houses
Open Houses
-
year built
year built
1962
full baths
Full Baths
0
half baths
Half Baths
0
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.
Location
Subdivision -
County San Mateo
Elementary School -
Middle School -
High School -
Exact location data not provided
no map
open houses Open houses
None scheduled.
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MLS number: ML82005518
Listing agent: Scott Kilpatrick #01271912
Listing broker: Compass (212) 913-9058
Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Thursday, May 8 2025 at 12:48 p.m. EDT
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