Prime Investment Opportunity in Redwood City - 4-Plex with Growth Potential Welcome to 609 Hampshire Ave, a well-located 4-unit multifamily property offering strong fundamentals and long-term upside. Situated directly across from a neighborhood elementary school, this investment provides a desirable location for tenants and consistent demand. The building features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, each with its own dedicated carport parking. All units are tenant-occupied with long-term renters, providing steady cash flow. Tenants pay their own utilities, while the landlord covers the water, keeping overhead predictable. The roof was replaced over 10 years ago, offering peace of mind for future maintenance planning. With below-market rents and continued demand in the Redwood City rental market, this 4-plex presents a valuable opportunity to increase income over time through updates or turnover. Whether you're a seasoned investor or just getting started, this is an excellent chance to own a stable asset in a high-growth area.
Active
$1,700,000
609 Hampshire Ave, Redwood City, CA 94063
5beds
3,200sqft
Est.:
Quadruplex
Built in 1963
-- sqft lot
$1,667,300 Zestimate®
$531/sqft
$-- HOA
What's special
- 62 days
- on Zillow |
- 943 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 08:56pm
Listed by:
DRE #01444374 833-447-3243,
Hero Real Estate
Source: MetroList Services of CA,MLS#: 425052048Originating MLS: MetroList Services, Inc.
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall Furnace
Cooling
- Varies by Unit
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Has carport: Yes
Lot
- Size: 5,000.69 Square Feet
Details
- Parcel number: 054249260
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood
- Roof: Composition
Condition
- Year built: 1963
Community & HOA
Location
- Region: Redwood City
Financial & listing details
- Price per square foot: $531/sqft
- Tax assessed value: $203,518
- Annual tax amount: $8,762
- Price range: $1.7M - $1.7M
- Date on market: 6/25/2025
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