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Listed by Tom Correia • The Agency
$1,988,000
Est. payment /mo
4 Beds
4 Baths
2,884 SqFt
New
501 & 503 Pierce Road Menlo Park, CA 94025
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,884 sqft
Price per Sqft $689
MLS Listing ID ML82047771
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1990
Lot Size 5,328 Sqft
Property Sub-Type Detached
Source Datashare MLSListings
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).
Location
State CA
County San Mateo
Interior
Heating Forced Air, Natural Gas
Cooling None
Flooring Laminate
Fireplace No
Appliance Dishwasher, Microwave
Exterior
Garage Spaces 2.0
Private Pool false
Building
Story 2
Water Public
Schools
School District Sequoia Union High, Ravenswood City Elementary
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