Skip to main content

Millman Team Real Estate

$1,500,000
3,300 Sqft
0.11 Acre Lot

557 Hampshire Avenue, Redwood City, California 94063

  • Residential Income Property Type
  • 3,300 Sqft Square Footage
  • Covered Cars Garage
  • 1962 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
ML82054234
$1,500,000
3,300 Sqft
1962
0.11 Acre
Active
Quadruplex
: Shingle, Composition
Features
: Wall Furnace
: None
: Covered
4.0
: Public Sewer
$0
Address Map
CA
San Mateo
Redwood City
94063
Hampshire
557
Avenue
W123° 47' 31.2''
N37° 28' 40.7''
699 - Not Defined
R300S3
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
: None
3300
2026-07-14
2
https://my.matterport.com/show/?m=oYbeqVXzBUz
: Public
Broker/Agent Information
Magnify Real Estate
David Katz
Financial
23307.0
Listing Information
Will Tharp
ML5097642
ML5099692
Magnify Real Estate
ML5092319
ML5099692
Active
2026-07-15T03:35:53Z
CRMLS
: Standard
2026-07-14T11:47:01Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us