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$ 1,988,000
Est. payment /mo
Pending
Address not disclosed Menlo Park, CA 94025
4 Beds
2,884 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,884 sqft
Price per Sqft $689
MLS Listing ID ML82049518
Bedrooms 4
HOA Y/N No
Year Built 1990
Lot Size 5,328 Sqft
Acres 0.12
Property Sub-Type Duplex
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
Heating Forced Air, Natural Gas
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Sequoia Union High
Others
Tax ID 062022130
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Listed by Tom Correia • The Agency