Menlo Park, CA, CA 94025
- $1,988,000
- 2,884
- SqFt
- List Price
- $1,988,000
- Status
- ACTIVE
- MLS#
- ML82049518
- County
- San Mateo
- Year Built
- 1990
- Building Square Feet
- 2,884
- Square Feet
- 5,328
- Days on Market
- 57
- Property Type
- Multifamily
Property Description
Exceptional investment and owner-user opportunity in the heart of Menlo Park. This extensively renovated duplex at 501-503 Pierce Rd offers flexibility for investors, multigenerational living, or buyers seeking rental income in one of the Peninsulas most desirable communities. In 2019, the property underwent a complete down-to-the-studs renovation including new electrical, plumbing, roofing, siding, sheetrock, kitchens, bathrooms, flooring, and upgraded heating systems. Each unit features its own washer/dryer, one-car garage, private backyard, and access to a spacious front yard. The property presents an ideal opportunity for an owner-occupant to live in one unit while collecting rental income from the other to help offset ownership expenses. Ideally located near downtown Menlo Park, Palo Alto, Stanford, Caltrain, Meta, Sand Hill Road, shopping, restaurants, parks, and convenient access to Hwy 101 and I-280. Near Encinal/Oak Knoll, Hillview Middle School, and Menlo-Atherton High School (buyer to verify).
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Additional Information
- Parcel Number
- 062022130
- Number of Buildings
- 1
- Security Features
- Security Lights
- Appliances
- Dishwasher, Microwave, Refrigerator, Vented Exhaust Fan
- Heat
- Forced Air
- Cooling
- Yes
- Roof
- Composition
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Elementary School
- Other
- High School
- Menlo-Atherton
Listing courtesy of Listing Agent: Tom Correia (tc@tomcorreia.com) from Listing Office: The Agency.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.