1460 Kentfield AVE, Redwood City, CA 94061

$5,400,000
5,892
SqFt

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Listing courtesy of Jimmy Castellanos from Marcus & Millichap. 408-483-5040

List Price
$5,400,000
Status
ACTIVE
Price Change
▼ $289,000 1787625029
MLS#
ML82057187
Subtype
mul
Style
Farm House, Luxury
Year Built
2024
Living Area
5,892
Lot Size
11,179
Acres
0.26
Neighborhood
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.

Additional Information

Amenities
Security Gate
Property Description
Farm House, Luxury
Zoning
R2
Roof
Shingle, Composition
Foundation
Concrete Perimeter, Crawl Space

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