1460 Kentfield AVE, Redwood City, CA 94061
1460 Kentfield AVE, Redwood City, CA 94061
1460 Kentfield AVE, Redwood City, CA 94061
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Listed by Jimmy Castellanos • Marcus & Millichap, DRE#02024152
$5,995,000
Est. payment /mo
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12 Beds
11 Baths
5,892 SqFt
Open Sat 11AM-1PM

1460 Kentfield AVE Redwood City, CA 94061

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Michael Jin

Michael Jin

+1(408) 889-8722

Open House

Wed May 13, 12:00pm - 1:00pm

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

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

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

Year Built 2024

Lot Size 0.257 Acres

Property Sub-Type Single Family Home

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

Area Central Park Etc.

Zoning R-2

Rooms

Family Room Separate Family Room, Other, Kitchen / Family Room Combo

Dining Room Dining Area

Kitchen Cooktop - Electric, Dishwasher, Hood Over Range, Microwave, Oven - Electric

Interior

Heating Central Forced Air, Other

Cooling Ceiling Fan, Central AC, Window / Wall Unit

Flooring Hardwood

Laundry Electricity Hookup (220V), Washer / Dryer

Exterior

Parking Features Attached Garage, Off-Site Parking

Garage Spaces 4.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Story 2

Foundation Concrete Perimeter

Sewer Sewer - Public, Sewer Connected

Water Public

Level or Stories 2

Others

Tax ID 059-041-630

Security Features Security Fence

Horse Property No

Special Listing Condition Not Applicable

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Michael Jin

Michael Jin

Agent | License ID: 02049945

+1(408) 889-8722

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1460 Kentfield AVE