545 Hampshire Ave - Apartments FOR SALE


Redwood City, CA 94063- Redwood Village
$1,628,000 USD
650-546-1030
545 Hampshire Ave, Redwood City, CA for Sale
$1,628,000 USD
Apartments - FOR SALE
1/20
null | 4.84% Cap Rate

545 Hampshire Ave
Redwood City, CA 94063
Redwood Village


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,628,000 USD

PRICE/SF

$509 USD /SF

# OF UNITS

4

PRICE/UNIT

$407,000

CAP RATE

4.84%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

R300S3

APN/PARCEL ID

054-246-370

ASK ABOUT THIS PROPERTY

Eymon BineshMarcus & MillichapMore Info
650-546-1030

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Eymon BineshMarcus & MillichapMore Info
650-546-1030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.