Active Open Sunday 07/26 5 PM-7 PM

557 Hampshire Avenue

Redwood City, CA 94063
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Bed 5

Bed

Bath 0

Bath

SqFt3,300

Sqft

SqFt5,000

Sqft(Lot)

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 ha s 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,500,000

AD Id : 88327972

MLS Id : ML82054234

Beds : 5

Lot Size : 5,000 Sqft

Living Area Size : 3,300

Year Built : 1962

County : San Mateo

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Feature Features

  • Interior Features

    Roof: Composition, Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: None

  • Building Information

    Year Built: 1962
    Building Area Total: 3300
    Private Pool: No

  • Lot Information

    Main Square Feet: 5000 Lot Size Acres: 0.1148 Lot Size Source: Assessor Lot Size Square Feet: 5,000

  • Listing Price Information

    Listing Price: $1500000

  • Tax Information

    Parcel Number: 054246330 Annual Tax: $23307

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Hampshire Avenue, Redwood City, CA, 94063 $1,700,000 -- -- 3,200 3,200 SqFt
901 Fifteenth Avenue, Redwood City, CA, 94063 $1,599,000 4 -- 2,090 2,090 SqFt
3085 William Avenue, Redwood City, CA, 94063 $1,200,000 4 -- 1,020 1,020 SqFt
2916 Curtis Avenue, Redwood City, CA, 94063 $2,030,000 7 -- 4,292 4,292 SqFt
Berkshire Avenue, Redwood City, CA, 94063 $1,150,000 -- -- --
2804 Curtis Avenue, Redwood City, CA, 94063 $1,618,000 4 -- 2,080 2,080 SqFt
57 Dumbarton Avenue, Redwood City, CA, 94063 $1,650,000 6 -- 3,478 3,478 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/24/2026 @ 06:42

MLS: ML82054234 LISTED BY: David Katz, Magnify Real Estate 877-776-7718 SOURCE: CRMLS

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