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,… Read More 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). Read Less
Courtesy of The Agency, Tom Correia 650-823-5441
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Square Ft.
2,884
Lot Size
0.12 Acres
Year Built
1990
MLS Number
ML82049518
30 Days Snapshot Of 94025
$4.26M
+13%
(avg) sold price
36
-7%
homes sold
23
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5328.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 1,442 square feet, Unit 1 rent: $3,800
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 1,442 square feet, Unit 2 rent: $3,800
Accessibility Features
Parking
Amenities
High Ceiling
Building
Built in 1990, 2 building units, 1 building, 2,884 structure square feet
Roof
Composition
Utilities
Public Utilities
Sewer
Sewer - Public
Security Features
Security Lights
Heating
Forced Air, Gas
Cooling
None
Floors
Laminate
Foundation
Concrete Perimeter
Kitchen
Dishwasher, Exhaust Fan, Microwave, Oven Range - Gas, Refrigerator
Laundry
Washer / Dryer
Water Features
Public
Garage
2 garage spaces
Parking
2 parking spaces
Miscellaneous
Vacancy factor: 0
Tenant Pays
None
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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