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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Tom Correia • The Agency, DRE#01352555

$ 1,988,000

Est. payment | -/mo

4 Beds

3 Baths

2,884 SqFt

Save

$ 1,988,000

Est. payment | -/mo

Save

4 Beds

3 Baths

2,884 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,884 sqft

Price per Sqft $689

MLS Listing ID ML82049518

Bedrooms 4

Full Baths 2

Half Baths 2

Year Built 1990

Lot Size 5,328 Sqft

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

Area East Of U.S. 101 Menlo Park

Zoning R30000

Rooms

Kitchen Dishwasher, Exhaust Fan, Microwave, Oven Range - Gas, Refrigerator

Interior

Heating Forced Air, Gas

Cooling None

Flooring Laminate

Laundry Washer / Dryer

Exterior

Parking Features Attached Garage

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Composition

Building

Story 2

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 062-022-130

Miscellaneous High Ceiling

Security Features Security Lights

Horse Property No

Special Listing Condition Not Applicable

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA, 94030, United States

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Pierce RD Menlo Park, CA 94025