1460 Kentfield Avenue, Redwood City, CA 94061
- $5,400,000
- 5,892
- SqFt
Listing courtesy of Jimmy Castellanos from Marcus & Millichap. 408-483-5040
- List Price
- $5,400,000
- Status
- ACTIVE
- Days on Market
- 32
- Price Change
- ▼ $289,000 1787626005
- MLS#
- ML82057187
- Subtype
- Residential Income
- Year Built
- 2024
- Living Area
- 5,892
- Lot Size
- 11,179
- Acres
- 0.26
- Subdivision
- Ca
- Neighborhood
- Ca
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
- Flooring
- Hardwood
- Heating
- Electric, Forced Air, Solar
- Air Conditioning
- Ceiling Fan(s), ENERGY STAR Qualified Equipment
- Roof
- Composition Shingles
- School District
- Sequoia Union High
- Elementary School
- Redwood City Elementary
- High School
- Sequoia Union High
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