Pierce, Menlo Park, CA 94025

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.