1460 Kentfield Avenue, Redwood City, CA 94061

About this home

NEWLY CONSTRUCTED MULT-UNIT PROPERTY // Twelve Total Bedrooms, Complemented by 10 Full Bathrooms and Two Half Baths // 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. This investment is ideally positioned for an owner-user, multigenerational family compound, and/or investment property, offering a strong current return of nearly 5.00% based on existing rents.

Property details

Property type

Single Family

Year built

2024

Lot size

11,179 sqft

Garage spaces

4

Parking spaces

4

Stories

1

County

San Mateo

Listed

1 day ago

MLS #

82058820

Listed by

Jimmy Castellanos · Marcus & Millichap

Features

• Attached Garage
• Central Forced Air
• Electric
• Ceiling Fan
• Central AC
• Flooring: Hardwood
• Roof: Shingle
• Roof: Composition
• Construction: Wood Frame
• Security Gate
• Security Fence
• Solar Heating
• Energy Star HVAC
• Double Pane Windows
• Utilities: Individual Electric Meters
• Sewer: Sewer - Public
• Water: Individual Water Meter

Location

Approximate location based on the listing address.