557 Hampshire Avenue, Redwood City, CA 94063

Redwood City
Local realty services provided by:ERA Excel Realty
557 Hampshire Avenue,Redwood City, CA 94063
$1,500,000
  • - Beds
  • - Baths
  • 3,300 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Jul 26
    02:00 pm - 04:00 pm
Listed by: david katz, will tharp
Office: magnify real estate877-776-7718
MLS#:ML82054234
Source:CRMLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$454.55

About this home

Magnify is pleased to present 557 Hampshire Avenue, an excellent opportunity to acquire one of the lowest-priced fourplexes on the Peninsula, offering exceptional value for investors seeking strong in-place cash flow with upside potential. Built in 1962, the building consists of approximately 3,300 square feet on a 5,000 square foot lot and features a desirable unit mix of (1) 2BD/1BA and (3) 1BD/1BA residences, offering an attractive investment in one of the Peninsula's strongest rental markets. The property generates nearly $10,000 per month in rental income with the opportunity to further increase cash flow through strategic interior improvements as units turn over. The spacious downstairs 2BD/1BA residence enjoys a large private backyard that enhances tenant appeal, and the building has completed its SB-721 inspection. Located just minutes from vibrant downtown Redwood City, the property is centrally positioned on the Peninsula with convenient access to Highway 101, El Camino...

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Home facts

  • Year built:1962
  • Listing ID #:ML82054234
  • Added:11 day(s) ago
  • Updated:July 26, 2026 at 11:07 AM

Rooms and interior

  • Living area:3,300 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1962
  • Building area:3,300 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$454.55
  • Tax amount:$23,307

Parking

  • Parking description:4 Carport Space(s), Covered
  • Carport spaces:4
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