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Listed by Eymon Binesh, DRE #02060059 • Marcus & Millichap
$ 1,550,000
Est. payment /mo
Price Dropped by $78K
545 Hampshire AVE Redwood City, CA 94063
5 Beds
4 Baths
3,200 SqFt
Open House
Tue Apr 21, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $484
MLS Listing ID ML82035564
Bedrooms 5
Full Baths 4
Year Built 1962
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
Source MLSListings, Inc.
Property Description
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.
Location
State CA
County San Mateo
Area Dumbarton Etc.
Zoning R300S3
Interior
Heating Gas
Cooling None
Laundry Coin Operated
Exterior
Parking Features Covered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Shingle
Building
Foundation Wood Frame
Sewer Sewer - Public
Water Public
Others
Tax ID 054-246-370
Special Listing Condition Not Applicable
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