Home | San Mateo County | Menlo Park | 94025 | 505 & 513 Pierce Rd
505 & 513 Pierce Rd, Menlo Park, CA 94025
MLS: ML81997631 | Status: | Price: $3,025,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
7,356 |
10,655 |
1957 |
505 & 513 Pierce Street in Menlo Park is a 10-unit property consisting or 2 identical adjacent 5-unit apartment buildings (available separately or together). (2) 2+1s & (8) 1+1s. Excellent 5.07% Day One Cap Rate. 7 of the 10 units have been renovated with premium in-place rents and 1 of the unrenovated units is vacant and being intentionally held unoccupied so a new owner can benefit immediately by upgrading the unit and adding value. Strong in-place RUBS & Laundry income.
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.
| Field |
Value |
| MLS # |
ML81997631 |
| MLS Source |
MLSListings, Inc. |
Features
Interior Features
| Feature |
Details |
| Cooling |
None |
| Heating |
Gas |
Exterior Features
| Feature |
Details |
| Roof |
Composition, Shingle |
| Foundation |
Concrete Perimeter |
| Feature |
Details |
| Garage/Parking |
Carport, Garage: 0 Car(s) |
| Elementary District |
Ravenswood City Elementary |
| High School District |
Sequoia Union High |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
R40000 |
| Listing Agent |
Co-Listing Agent |
| Matthew Thomson |
Steve Zirelli |
| Compass |
|
| License #: 01471708 |
License #: 01929245 |
| Phone: (650) 515-6555 |
Phone: (650) 224-3118 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
9 |
10 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
– |
2 |
1/0 |
$2,750 |
$3,100 |
2 |
| 2 |
– |
1 |
1/0 |
$1,800 |
$2,150 |
8 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Disclosures
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Matthew Thomson, (650) 515-6555.