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$ 1,628,000
Est. payment | /mo
5 Beds
4 Baths
3,200 SqFt
$ 1,628,000
Est. payment | /mo
5 Beds
4 Baths
3,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $508
Lot Size 5,000 Sqft
MLS Listing ID ML82035564
Bedrooms 5
Full Baths 4
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
Rooms
Other Rooms Laundry Room
Interior
Heating Gas
Cooling None
1-purchase type For Sale
Exterior
Garage Covered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Shingle
Building
Story 2
Foundation Wood Frame
Sewer Sewer - Public
Water Public
Story 2
Others
Tax ID 054-246-370
Security Features None
Horse Property No
Special Sale Not Applicable

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Listed by Eymon Binesh of Marcus & Millichap
Bought with Eymon Binesh of Marcus & Millichap
Bought with Eymon Binesh of Marcus & Millichap
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