557 Hampshire Avenue, Redwood City, California 94063
- $1,500,000
- $1,500,000
Overview
- Quadruplex, Residential Income
- 3300 Sqft
- 1962
Description
Magnify is pleased to present 557 Hampshire Avenue, an excellent opportunity to acquire the lowest-priced fourplex on the Peninsula, offering exceptional value for investors seeking strong in-place cash flow with upside potential. Built in 1962, the building consists of 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, presenting 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 enjoys a large private backyard that enhances tenant appeal, and the building has passed the 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 Real, Caltrain, and major employment centers. Atherton, Menlo Park, Palo Alto, and Stanford University are all within approximately 15 minutes, and the property will continue to benefit from robust rental demand, long-term income growth potential, and outstanding connectivity throughout Silicon Valley.
Address
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Address: 557 Hampshire Avenue
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City: Redwood City
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State/county: CA
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Zip/Postal Code: 94063
Details
Updated on July 15, 2026 at 2:54 am-
Property ID ML82054234
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Price $1,500,000
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Property Size 3300 Sqft
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Land Area 0.1148 Acres
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Year Built 1962
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Property Type Quadruplex, Residential Income
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Property Status Active
Additional details
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Roof Composition, Shingle
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Sewer Public Sewer
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Cooling None
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Heating Wall Furnace
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County San Mateo
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Property Type Residential Income
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Parking Covered
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