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545 Hampshire Ave, Redwood City, CA, 94063

5beds
4baths
3,200sqft
$1,550,000
$484price/sqft
$10,640/moest. monthly cost
$425,600/yrincome needed

About This Home

Marcus & Millichap is pleased to present 545 Hampshire Avenue, a well-located four-unit apartment property in the heart of Redwood City on the highly sought-after Peninsula. The asset features an attractive unit mix of one two-bedroom/one-bath unit and three one-bedroom/one-bath units, appealing to a broad tenant base. Offered at one of the lowest price points for a fourplex in the Bay Area, the property provides an exceptional entry point for investors, with current income supporting a nearly 5% cap rate and the ability to secure attractive residential financing. Positioned in a prime, commuter-friendly location near major employers, transit, and downtown Redwood City amenities, 545 Hampshire Avenue presents a rare opportunity to acquire a stable Peninsula asset with strong long-term upside.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

4/10
Taft Elementary SchoolGrades K-50.8 mi
7/10
7/10
Sequoia High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1962

Materials

  • Foundation: Wood Frame
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Residential Income

Interior

Appliances

  • Laundry features: Coin Operated

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,200
  • Total interior livable area: 3,200 sqft

Property

Accessibility

  • Accessibility features: Parking

Details

  • Parcel number: 054246370
  • Zoning: R300S3
  • Special condition: Standard

Features

  • Stories: 2

Lot

  • Lot size: 5,000 sqft

Parking

  • Total spaces: 4
  • Parking features: Covered
  • Covered spaces: 4
  • Carport: Yes
  • Carport spaces: 4