1460 Kentfield AVE, Redwood City, CA 94061
- $5,689,000
- 12
- BD
- 5,892
- SqFt
Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: Eymon Binesh from Marcus & Millichap
- List Price
- $5,689,000
- MLS#
- ML82057187
- Status
- ACTIVE
- Zoning
- R2
- Sqft. of Residence
- 5,892
- Lot Size
- 11,179
- Listing Area
- Central Park Etc.
Property Description
NEWLY CONSTRUCTED FOURPLEX // Four-Bedroom & Two-Bedroom Floor Plans // Fully Paid Solar Panels Included & Transfer with Property. 1460 Kentfield Avenue (The Grove on Kentfield) presents 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.
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Additional Information
- Acres
- 0.26
- Amenities
- Security Gate
- Cooling System
- Ceiling Fan, Central AC
- Energy Features
- Solar Heating, Energy Star HVAC, Double Pane Windows
- Floor Covering
- Hardwood
- Foundation
- Concrete Perimeter, Crawl Space
- Garage Parking
- Attached Garage
- Heating System
- Central Forced Air, Electric
- Laundry Facilities
- Washer / Dryer
- Living Area
- 5,892
- Lot Size
- 11,179
- Neighborhood
- Central Park Etc.
- Other Utilities
- Solar, Individual Electric Meters
- Roof
- Shingle, Composition
- Sewer
- Sewer - Public
- Style
- Farm House, Luxury
- Zoning
- R2
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