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$ 1,988,000
Est. payment | /mo
4 Beds
3 Baths
2,884 SqFt
$ 1,988,000
Est. payment | /mo
4 Beds
3 Baths
2,884 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
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
Half Baths 2
HOA Y/N No
Year Built 1990
Lot Size 5,328 Sqft
Acres 0.1223
Property Sub-Type Single Family Residence
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
Zoning R300
Interior
Interior Features Family Room
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
Sewer Public Sewer
Water Public
Level or Stories Two Story
New Construction No
Schools
School District Sequoia Union High
Others
Tax ID 062022130
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Listed by Tom Correia • The Agency
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