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Listed by Jimmy Castellanos • Marcus & Millichap
$ 5,995,000
Est. payment /mo
Open Sat 11AM-1PM
1460 Kentfield Avenue Redwood City, CA 94061
12 Beds
12 Baths
5,892 SqFt
Open House
Sat May 16, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
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
HOA Y/N No
Year Built 2024
Lot Size 0.257 Acres
Property Sub-Type Duet
Source Datashare MLSListings
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
Interior
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
Water Public
Schools
School District Sequoia Union High, Redwood City Elementary
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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