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).
Belle Haven, located between U.S. 101 and the Bayfront, is a residential and waterfront-edge Menlo Park neighborhood with a working-harbor feel and broad, open-sky views. The neighborhood’s energy concentrates around the Willow Road and Bayfront Expressway gateway, where traffic funnels toward the marshes and a small cluster of local storefronts. Belle Haven’s streets mix mid-century ranch homes, compact bungalows, and newer infill, with palms and wide setbacks giving blocks a sunlit, low-slung profile. Bedwell Bayfront Park frames the eastern edge with levee paths and salt-marsh scenery. The Menlo Park Caltrain station and downtown corridor sit to the west, adding a commuter rhythm without changing the neighborhood’s quieter grid.
Provided by Walk Score and Local Logic
Offer insights
Pierce Rd · $1,988,000
$1.99M and above
75% chance or better to win
Why $1.99M+ is a strong offer
DAYS ON MARKET
86 days
The average home goes pending in 31 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
High ceilings
Security lights
Bedrooms
Two 2-bedroom units
Bathrooms
Each unit has one full bath and one half bath
Kitchen
Dishwasher
Exhaust fan
Microwave
Gas range/oven
Refrigerator
Laundry & utility
Washer and dryer (in-unit)
Separate electric, gas and water meters
Flooring
Laminate
Heating & cooling
Forced-air heating (gas)
Exterior features
Parking
Security lighting
Home design
Duplex (2 units)
2-story building
Individually owned units
Parking
Attached 2-car garage
2 parking spaces
Security
Exterior security lights
Construction
Wood-frame construction
Concrete perimeter foundation
Composition roof
Built as one building
Utilities
Public water
Public sewer
Public utilities
Financial info
Both units listed with market rents of $3,800 each
Electricity and solar
View estimated energy costs and solar savings for this home
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).
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82047771
May 19, 2026
Listed
$1,988,000
$689/sq ft
May 18, 2026
Listed
$1,988,000
$689/sq ft
+23
APPFOLIO #2
Jun 1, 2025
Rental Removed
$3,800
$1/sq ft
May 14, 2025
Listed for Rent
$3,800
$1/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82000940
May 14, 2025
Listing Removed
—
Apr 3, 2025
Listed
*
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81997626
May 14, 2025
Listing Removed
—
Mar 12, 2025
Listed
*
APPFOLIO #1
Jun 23, 2023
Rental Removed
—
Public Records
Sep 7, 2018
Sold
$1,300,000
$451/sq ft
Public Records
Sep 17, 1986
Sold
$26,000
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$19,679 (+2.4%)
$858,947 + $591,223
$1,450,170
2024
$19,217 (+1.8%)
$858,947 + $591,223
$1,450,170
2023
$18,879 (+5.1%)
$842,105 + $579,631
$1,421,736
2022
$17,971 (+2.0%)
$825,594 + $568,266
$1,393,860
2021
$17,616 (+1.1%)
$809,406 + $557,124
$1,366,530
2020
$17,427 (+0.4%)
$793,536 + $546,200
$1,339,736
2019
$17,358 (+147.9%)
$785,400 + $540,600
$1,326,000
2018
$7,002 (+4.2%)
$770,000 + $530,000
$1,300,000
2017
$6,721 (+2.5%)
$145,513 + $233,111
$378,624
2016
$6,560 (+3.0%)
$145,513 + $233,111
$378,624
2015
$6,371 (+3.7%)
$142,660 + $228,541
$371,201
2014
$6,141 (+7.2%)
$137,766 + $220,700
$358,466
2012
$5,727 (+3.6%)
$137,144 + $219,703
$356,847
2011
$5,526 (+3.1%)
$134,455 + $215,396
$349,851
2010
$5,358 (+4.3%)
$131,819 + $211,173
$342,992
2009
$5,139 (+8.9%)
$130,834 + $209,595
$340,429
2008
$4,721
$131,145 + $210,093
$341,238
Public record
Public record
Permits
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
5,328 Sq. Ft.
Year renovated
1990
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,884
Year built
1990
Style
Multi-Family (2-4 Unit)
County
San Mateo County
APN
062022130
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Nov 20, 2019 • Final
Building
Tear off the old roof and install a new roof on a two-family residential building. Install code-approved underlayment, new roof flashing, and composition shingles. Inspections are required for the tear off, in-progress work, and final completion.
Roofing
Nov 20, 2019 • Final
Building
Perform an interior alteration to renovate a duplex, including the removal and replacement of all existing windows and doors. Remove a partition wall in the kitchen, remodel the bathroom and kitchen, and replace the exterior siding on all sides of the building.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
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