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).
Property Details
- Cooling
- 1
- Heating
- Forced Air
- Bedrooms
- 4
- Bathrooms
- 3.0
- Full Baths
- 2
- Half Baths
- 2
- Stories
- 2
- Acres
- 0.122
- Square Feet
- 2884.0
- Lot Size (sqft)
- 5328.0
- Parking
- 1
- Parking Spaces
- 2
- Parking Type
- Garage
- Parking Garage Spaces
- 2.0
- Parking Carport Spaces
- 0.0
- Property Type
- Purchase
- Year Built
- 1990
- Foundation
- Concrete Perimeter
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Appliances
- Dishwasher, Microwave, Refrigerator, Vented Exhaust Fan
- School District
- Other
- Elementary School
- Other
- High School
- Menlo-Atherton
- County
- San Mateo
- Region
- Menlo Park
- Zoning
- R30000
- Original List Price
- $1,988,000
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Provided By
Listed by Tom Correia (#ML5108824)
Listing Office: The Agency (#ML5099521)
