Park Apartment 280 E Okeefe St Immeuble residentiel 16 lots 3 991 188 € (249 449 €/Lot) Taux de capitalisation 4,86 % Palo Alto, CA 94303



INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 16 large two bedroom, one bathroom units
- ±6,000 SF of vacant land with ADU potential
- Tremendous upside in income 9.0% CAP / 7.51 GRM on market
- West of 101 and north of University Ave.
- New roof on one building and new electric subpanels in all units
- ±$224 SF well below replacement cost of ±$750 SF
RÉSUMÉ ANALYTIQUE
Welcome to 280 E. O’Keefe, 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 building’s 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 Meta’s global headquarters, and 4 miles to Google’s headquarters, this property is at the center of Silicon Valley’s most dynamic employment and innovation hubs.
With strong existing fundamentals and a clear path for significant value-add through unit reconfigurations and land development, 280 E. O’Keefe presents an incredible opportunity for investors seeking immediate upside and long-term growth. The combination of prime location, large unit sizes, and multiple expansion strategies make this a standout asset in today’s competitive market.
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 Meta’s global headquarters, and 4 miles to Google’s headquarters, this property is at the center of Silicon Valley’s most dynamic employment and innovation hubs.
With strong existing fundamentals and a clear path for significant value-add through unit reconfigurations and land development, 280 E. O’Keefe presents an incredible opportunity for investors seeking immediate upside and long-term growth. The combination of prime location, large unit sizes, and multiple expansion strategies make this a standout asset in today’s competitive market.
BILAN FINANCIER (RÉEL - 2024) Cliquez ici pour accéder à |
ANNUEL | ANNUEL PAR m² |
---|---|---|
Revenu de location brut |
$99,999
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$9.99
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Autres revenus |
$99,999
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$9.99
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Perte due à la vacance |
$99,999
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$9.99
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Revenu brut effectif |
$99,999
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$9.99
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Taxes |
-
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-
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Frais d’exploitation |
-
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-
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Total des frais |
$99,999
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$9.99
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Résultat net d’exploitation |
$99,999
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$9.99
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INFORMATIONS SUR L’IMMEUBLE
Prix | 3 991 188 € |
Prix par lot | 249 449 € |
Type de vente | Investissement |
Taux de capitalisation | 4,86 % |
Multiplicateur du loyer brut | 11.25 |
Nb de lots | 16 |
Type de bien | Immeuble residentiel |
Sous-type de bien | Appartement |
Style d’appartement | De faible hauteur |
Classe d’immeuble | C |
Surface du lot | 0,17 ha |
Surface de l’immeuble | 2 425 m² |
Nb d’étages | 3 |
Année de construction | 1962 |
Ratio de stationnement | 0,12/1 000 m² |
Zone de développement économique [USA] |
Oui |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Prêt pour le câble
- Lave-vaisselle
- Broyeur d’ordures
- Cuisine
- Planchers en bois
- Moquette
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- Laverie
- Wi-Fi
- Détecteur de fumée
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
2+1 | 16 | 2 199 € | 111 |
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Bike Score®
Très praticable en vélo (76)
TAXES FONCIÈRES
Numéro de parcelle | 063-441-150 | Évaluation des aménagements | 687 607 € (2025) |
Évaluation du terrain | 156 961 € (2025) | Évaluation totale | 844 568 € (2025) |