557 Hampshire Avenue Redwood City, CA $ 1,500,000
557 Hampshire Avenue
$ 1,500,000
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557 Hampshire Avenue

Redwood City, CA, 94063
$ 1,500,000
Baths0.0 Sq 3,300

Monthly Estimate*

$ 9,471

Listed by Magnify Real Estate
557 Hampshire Avenue, Redwood City, CA 94063 - Image 1
557 Hampshire Avenue, Redwood City, CA 94063 - Image 2
557 Hampshire Avenue, Redwood City, CA 94063 - Image 3
557 Hampshire Avenue, Redwood City, CA 94063 - Image 4
557 Hampshire Avenue, Redwood City, CA 94063 - Image 5
557 Hampshire Avenue, Redwood City, CA 94063 - Image 6
557 Hampshire Avenue, Redwood City, CA 94063 - Image 7
557 Hampshire Avenue, Redwood City, CA 94063 - Image 8
557 Hampshire Avenue, Redwood City, CA 94063 - Image 9
557 Hampshire Avenue, Redwood City, CA 94063 - Image 10
557 Hampshire Avenue, Redwood City, CA 94063 - Image 11
557 Hampshire Avenue, Redwood City, CA 94063 - Image 12
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Studio

Multi-Family Home for sale in Redwood City, CA

for $1,500,000. This 3,300 square foot home was built in 1962 on a lot size of 0.1148.

Magnify is pleased to present 557 Hampshire Avenue, an excellent opportunity to acquire one of the lowest-priced fourplexes on the Peninsula, offering exceptional value for investors seeking strong in-place cash flow with upside potential. Built in 1962, the building consists of approximately 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, offering 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 residence enjoys a large private backyard that enhances tenant appeal, and the building has completed its 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, positioning 557 Hampshire Avenue to benefit from robust rental demand, long-term income growth potential, and outstanding connectivity throughout Silicon Valley.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 23,307

Style

Lot Size

0.1148

Year Built

1962

Town/City

Redwood City

County/Region

San Mateo

MLS | Web ID

ML82054234

Days on Market

1

Features
General
Living Area 3300
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Roof Composition Shingle
Zoning R300S3
Garage Spaces 0
Year Built 1962
Property Subtype Quadruplex
Accessibility None
County San Mateo
Insurance Expense 4950
Property Type Residential Income
HOA false
MaintenanceExpense 4822
Garage Y/N false
Special Listing Conditions Standard
Status Active
City Redwood City
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Spaces 4
Carport Y/N true
Tax Annual Amount 23307
Trash Expense 1034
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Virtual Tour https://my.matterport.com/show/?m=oYbeqVXzBUz
Property Sub Type Additional Quadruplex
Cap Rate 4.75
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Covered
Water Source Public
Total Parking 0
Lot Size Area 5000
Number of Buildings 1
Building Area Total 3300
Lot Size Acres 0.1148
Lot Size Source Assessor
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* Excluded Features
List By
Magnify Real Estate

Broker

david@magnifyequity.com

Email

Affordability Calculator

$11,413
Per Month
83%
17%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$1,942
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$1,500,000 Listed Price

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557 Hampshire Avenue, Redwood City, CA, 94063 is a Multi-Family Home for sale at $1,500,000 with 3,300 sqft and a lot size of 0.1148. 557 Hampshire Avenue is a studio with 0.0 baths and was built in 1962. The property's zip code is 94063 which is in Redwood City, CA