ResidentialIncome — Menlo Park, CA 94025, Menlo Park, CA
$1,988,000
Menlo Park, CA 94025, Menlo Park, CA
About this property
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
Location
Menlo Park, CA 94025 • Menlo Park, CA 94025
Listed by
Tom Correia · The Agency