---
listing_id: ML81997631
status: Closed
price: 3025000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 7356
sqft_lot: 10655
lot_acres: 
year_built: 1957
property_type: Residential Income
property_subtype: 
address: "505 & 513 Pierce Rd"
city: Menlo Park
state: CA
zip: 94025
county: "San Mateo County"
lat: 37.474067
lng: -122.163058
days_on_market: 384
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Matthew Thomson"
list_office: "Compass"
list_agent_phone: "(650) 515-6555"
list_agent_license: 01471708
mls_source: MLSL
modified: 2026-01-30
transaction_type: recentlySold
---

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

Remarks

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.

MLS Listing Information

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

Parking, School, and Other Information

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

Contact Information

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

School Type Grades Distance Rating
Belle Haven Elementary School public K-5 0.20 mi 1
Laurel Elementary School public K-5 0.67 mi 10
Tide Academy public 9-12 0.82 mi 9
Ravenswood Comprehensive Middle public 6-8 0.96 mi 4
Menlo-Atherton High School public 9-12 1.08 mi 8
Costano Elementary School public K-5 1.37 mi 3
Encinal Elementary School public K-5 1.41 mi 9
Taft Elementary School public K-5 1.80 mi 4
Los Robles-Ronald McNair Academy public K-5 1.95 mi 4
Addison Elementary School public K-5 2.05 mi 8
Garfield Elementary School public K-8 2.19 mi 6
Sequoia District Adult Education public UG 2.20 mi N/A
Duveneck Elementary School public K-5 2.35 mi 9
Walter Hays Elementary School public K-5 2.40 mi 9
Palo Alto High School public 9-12 2.55 mi 10
Palo Alto Adult Education public UG 2.62 mi N/A
Packard Children's Hospital/Stanford public K-12 2.69 mi N/A
Hoover Elementary School public K-8 2.90 mi 5
Frank S. Greene Jr. Middle public 6-8 2.90 mi 9
Hillview Middle School public 6-8 2.95 mi 8

Disclosures

©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Matthew Thomson, (650) 515-6555.