505 Pierce Road, Menlo Park, CA 94025
-
Listed Price :
$1,600,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1957
Property Description
505 & 513 Pierce Road are 2 identical adjacent 5-unit apartment buildings available separately or together. Each property consists of (1) 2+1 & (4) 1+1s. Each building has 5 tuck-under parking spaces plus tandem parking, onsite laundry and shared backyard. 7 out of 10 units were renovated. Great in-place rents with one of the unrenovated units vacant (505 Pierce) and ready for immediate renovations. The properties are 1.2 miles from the Meta/Facebook world headquarters. Gross annual income for 505 Pierce: $131,400. Gross annual income for 513 Pierce: $135,000. This is part of a 29 unit portfolio sale consisting of 5 buildings, available as a portfolio or separately in any combination: 3786 Rolison Road, Redwood City - 12 Units, 154 Poplar Avenue, Redwood City - 5 Units, 505 Pierce Road, Menlo Park - 5 Units, 513 Pierce Road, Menlo Park - 5 Units, 501 Pierce Road, Menlo Park - Duplex. All properties on MLS.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
505 Pierce Road |
| City |
Menlo Park |
| State |
CA |
| Zip |
94025 |
| County |
San Mateo |
| Listing Agent |
Matthew Thomson DRE #01471708 |
| Co-Listing Agent |
Steve Zirelli DRE #01929245 |
| Courtesy Of |
Compass |
| List Price |
$1,600,000 |
| Status |
Active |
| Type |
Commercial |
| Structure Size |
N/A |
| Lot Size |
5,327 |
| Year Built |
1957 |
Listing information courtesy of: Matthew Thomson, Steve Zirelli, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 13th, 2025 at 1:05 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
