
609 Hampshire Ave Redwood City, CA 94063
Redwood Village NeighborhoodEstimated payment $9,993/month
Highlights
- No HOA
- Sequoia High School Rated A
- Double Pane Windows
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,762
Year Built
- Built in 1963
Lot Details
- 5,000 Sq Ft Lot
Home Design
- Quadruplex
- Raised Foundation
- Composition Roof
Interior Spaces
- 3,200 Sq Ft Home
- Double Pane Windows
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Utilities
- Wall Furnace
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 054-249-260
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Units Leased Month-To-Month
- Net Lease
- Operating Expense $8,762
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $8,762 | $207,587 | $111,010 | $96,577 |
2023 | $8,762 | $199,528 | $106,700 | $92,828 |
2022 | $8,044 | $195,616 | $104,608 | $91,008 |
2021 | $7,903 | $191,781 | $102,557 | $89,224 |
2020 | $7,755 | $189,816 | $101,506 | $88,310 |
2019 | $7,499 | $186,095 | $99,516 | $86,579 |
2018 | $7,008 | $182,447 | $97,565 | $84,882 |
2017 | $6,235 | $178,870 | $95,652 | $83,218 |
2016 | $5,870 | $175,364 | $93,777 | $81,587 |
2015 | $5,641 | $172,731 | $92,369 | $80,362 |
2014 | $5,485 | $169,348 | $90,560 | $78,788 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/24/2025 06/24/25 | For Sale | $1,700,000 | -- | $531 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $177,731 | New Conventional | |
Closed | $220,000 | Unknown |
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Source: MetroList
MLS Number: 425052048

APN: 054-249-260
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