$1,988,000
501 & 503 Pierce Road, Menlo Park, CA 94025
26% below the Menlo Park median of $2.7M (44 active listings)
9% of Menlo Park listings have cut their price · half have been listed 16+ days
About this home
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
- Property type
- other residential
- Year built
- 1990
- Listed
- 73 days ago
- MLS #
- 82047771
- Listed by
- Tom Correia · The Agency
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Location
Approximate location based on the listing address.
