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ResidentialIncome — 545 Hampshire Avenue, Redwood City, CA

$1,550,000

545 Hampshire Avenue, Redwood City, CA

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About this property

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.

Property details

Square feet
3,200
Year built
1962
Property type
ResidentialIncome

Location

545 Hampshire Avenue • Redwood City, CA 94063

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Listed by

Eymon Binesh · Marcus & Millichap