This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,475,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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.
Full Property Details
Full Property Details for 557 Hampshire Ave
General
- Sold For: $1,475,000
- Status: Closed
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82054234
- Added to Site: 59 day(s) ago
Rooms
Other Rooms
- Laundry: Coin-Operated
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Covered Parking
Location
- Area: Dumbarton Etc.
- County: San Mateo
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Water, Separate Common Area, Separate Electric, Separate Gas
Structural Information
- Construction: Wood Frame
- Foundation: Post and Pier, Wood Frame
- Roof: Composition, Shingle
- Disability Access: None
- Square Feet: 3,300
- Year Built: 1962
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 1
Unit 4
- Bedrooms: 1
Lot Features
- Minimum Lot Size: 5000
- Lot Size (Sq. Ft.): 5,000
- Building Sites: 1
- Zoning: R300S3
Listed by Magnify Real Estate, David Katz and Magnify Real Estate, Will Tharp
Sold by Atfin, Dev Singh
Get Pre-Approved Today
Schools
Schools serving 557 Hampshire Ave
School Districts:Sequoia Union High School District, Redwood City Elementary School District
| Name | Grades | Distance |
|---|---|---|
Taft Elementary School, Redwood City, CA 903 Tenth Avenue, Redwood City, CA 94063 | K-5 | 0.7 mi |
John F. Kennedy Middle School, Redwood City, CA 2521 Goodwin Ave., Redwood City, CA 93239 | 6-8 | 2.1 mi |
Sequoia High School 1201 Brewster Avenue, Redwood City, CA 94062 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 557 Hampshire Ave
Date
Details
Price
Change
Source
9/04/2026
Sold
$1,475,000
-1.67%
MLS
7/14/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
557 Hampshire Ave, Redwood City, CA 94063 (MLS# ML82054234) is a Multi-Family property that was sold at $1,475,000 on September 04, 2026. Want to learn more about 557 Hampshire Ave? Do you have questions about finding other Multi-Family real estate for sale in Redwood City? You can browse all Redwood City real estate or contact a Coldwell Banker agent to request more information.

