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).
| MLS # | ML82049518 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 83 |
| Listing Provided By | The Agency | Tom Correia |
| SQ Feet | 2,884 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | R30000 |
| Acreage | 0.12 |
| Cooling | None |
|---|---|
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Microwave, Refrigerator, Vented Exhaust Fan |
| Roof | Composition |
|---|---|
| Security Features | Security Lights |
| Foundation Details | Concrete Perimeter |
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| State | CA |
|---|---|
| County | San Mateo |
| City | Menlo Park |
| Zip Code | 94025 |
| Area | 699 Not Defined |
| Listing VS Median (in 94025) | |
Price: $1,988,000 low | high Med: $2,099,000 sqft: 2,884 low | high Med: 6,395 $ / sqft: $689 low | high Med: $328 On site: 83 low | high Med: 35 | |
| State | CA |
|---|---|
| County | San Mateo |
| City | Menlo Park |
| Zip Code | 94025 |
| Area | 699 Not Defined |
| Listing VS Median (in 94025) | |
Price: $1,988,000 low | high Med: $2,099,000 sqft: 2,884 low | high Med: 6,395 $ / sqft: $689 low | high Med: $328 On site: 83 low | high Med: 35 | |