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Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
Bought with Eddie Oberoi • Intero Real Estate Services
Bought with Eddie Oberoi • Intero Real Estate Services
$ 1,500,000
$ 1,550,000 3.2%
Est. payment | /mo
5 Beds
4 Baths
3,200 SqFt
$ 1,500,000
$ 1,550,000 3.2%
Est. payment | /mo
5 Beds
4 Baths
3,200 SqFt
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $468
MLS Listing ID ML82035564
Bedrooms 5
Full Baths 4
Year Built 1962
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
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
Laundry Coin Operated
Exterior
Parking Features 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
Others
Special Listing Condition Not Applicable
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