Exceptional investment opportunity in the highly sought-after Linfield Neighborhood, one of the Peninsula's premier rental locations. Ideally situated just minutes from downtown Menlo Park, downtown Palo Alto, Stanford University, Burgess Park, Meta, shopping, dining, and major employers. This well-maintained four-unit apartment building features an excellent unit mix: (1) 3-BR/2BA, (1) 2-BR/2BA, (1) 2-BR/1BA, (1) 1-BR/1BA , all with attractive and functional floor plans. Two units offer private patios, while 1 upper unit features expansive rooftop decks. Each unit has its own private entrance. Located within an excellent school district, this property offers strong rental demand and significant upside potential, making it an outstanding investment for both seasoned and first-time investors. Walking distance to downtown Palo Alto and Stanford Shopping Mall.
Courtesy: The Agency
650-668-0200
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).
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).
Menlo Park is located in California. Menlo Park, California has a population of 33,677. Menlo Park is more family-centric than the surrounding county with 43.21% of the households containing married families with children. The county average for households married with children is 35.93%.
The median household income in Menlo Park, California is $179,913. The median household income for the surrounding county is $136,837 compared to the national median of $69,021. The median age of people living in Menlo Park is 38.4 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 17.1 inches per year, with 0 inches of snow per year.
