1460 Kentfield Avenue, Redwood City, CA 94061
1460 Kentfield Avenue, Redwood City, CA 94061
1460 Kentfield Avenue, Redwood City, CA 94061
1460 Kentfield Avenue, Redwood City, CA 94061
1460 Kentfield Avenue, Redwood City, CA 94061
1460 Kentfield Avenue, Redwood City, CA 94061
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$ 5,995,000
Est. payment | /mo

12 Beds

11 Baths

5,892 SqFt


Save
$ 5,995,000
Est. payment | /mo
Save

12 Beds

11 Baths

5,892 SqFt

Open House

Sat May 16, 11:00am - 1:00pm

Key Details

Property Type Commercial

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 5,892 sqft

Price per Sqft $1,017

MLS Listing ID ML82046890

Bedrooms 12

Full Baths 10

Half Baths 2

HOA Y/N No

Year Built 2024

Lot Size 0.257 Acres

Acres 0.2566

Property Sub-Type Duet

Property Description

$27,250 monthly income // 4.05% current cap rate // NEW CONSTRUCTION luxury townhomes and cottages.1460 Kentfield Avenue (The Grove on Kentfield), a rare opportunity to acquire a best-in-class, newly constructed four-unit multifamily asset completed in November 2024. The property combines thoughtful design, high-quality construction, and strong in-place income, offering investors a generational asset with minimal maintenance and lasting tenant appeal. Comprised of two buildings totaling approximately 5,892 square feet, the community features an excellent unit mix of two spacious 4-bedroom / 3.5-bath townhome-style residences and two 2-bedroom / 2-bath single-story units. The property generates nearly $30,000 per month in gross rental income, with meaningful upside potential as rents continue to rise amid a constrained new construction pipeline in the area.

Location

State CA

County San Mateo

Zoning R-2

Interior

Interior Features Dining Area, Family Room

Heating Forced Air, Other

Cooling Ceiling Fan(s), Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplace Yes

Appliance Dishwasher, Electric Range, Microwave

Exterior

Garage Spaces 4.0

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two Story

New Construction No

Schools

School District Sequoia Union High

Others

Tax ID 059041630

Bridge MLS
Listed by Jimmy Castellanos • Marcus & Millichap

Nearby Locations

GET MORE INFORMATION

Patrick Nagel
Patrick Nagel

REALTOR® | Lic# 1760790

+1(925) 895-5324

1451 Leimert Blvd, Oakland, CA, 94602

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1460 Kentfield Avenue