$2,100,000
- 8 Beds
- 5 Baths
- 3,783 Sq Ft
217 Madison Ave, Redwood City, CA 94061
Karl Dresden Terrace Associates
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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
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San Carlos, California, known as the “City of Good Living,” offers a laidback, small-town atmosphere nestled between Silicon Valley and San Francisco. The city features a walkable downtown district with independent shops, cozy cafes, and diverse dining options, including Parisian-style bakeries and authentic Burmese cuisine. The 10-square-block downtown area along El Camino Real is a hub for local restaurants and boutique shops, with family-run favorites like Bianchini’s Market. San Carlos boasts a variety of neighborhoods, from the flat, gridded streets of Howard Park to the hillside homes of Beverly Terrace and Alder Manor, offering scenic views and dense tree canopies. The city is home to nine parks, including the popular Burton Park, and offers outdoor activities such as hiking and biking in Eaton Park, Edgewood Park & Natural Reserve, and Pulgas Ridge Open Space Preserve. The Hiller Aviation Museum, with over 40 aircraft on display, adds to the list of things to do in San Carlos. The city is served by the highly rated San Carlos Elementary School District, Sequoia High School, and Carlmont High School. Commuters benefit from the city’s Caltrain station and proximity to State Route 101 and Interstate 280. San Carlos partners with the San Mateo County Sheriff’s Office for law enforcement, and the area’s crime rates are lower than the national average. The city enjoys consistent, pleasant weather year-round, making it a desirable place to live.
On average, homes in San Carlos, CA sell after 21 days on the market compared to the national average of 52 days. The median sale price for homes in San Carlos, CA over the last 12 months is $2,349,000, up 12% from the median home sale price over the previous 12 months.