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$5,400,000
 $28,988 est/mo Sourced by Back At You

1460 Kentfield Avenue,Redwood City, CA 94061

Redwood City, CA 94061

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Description

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.

Details

MLS #ML82058820
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2024
Days On Site34
Listing Provided ByMarcus & Millichap | Jimmy Castellanos

Features

Bed(s)12
Bath(s) 12 Total
SQ Feet5,892
Garage4
Story(s)1
ZoningR2
Acreage0.26

Interior

CoolingCentral Air
HeatingCentral, Electric
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Range Hood
Fireplace Yes / NoNo

Exterior

RoofComposition, Shingle
Foundation DetailsConcrete Perimeter

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes

Utilities

SewerPublic Sewer

Area Information

StateCA
CountySan Mateo
CityRedwood City
Zip Code94061
Area699 Not Defined
Listing VS Median (in 94061)
Price:
$5,400,000
low | high
Med:
$1,799,000
100% of Average
sqft:
5,892
low | high
Med:
1,629
100% of Average
$ / sqft:
$916
low | high
Med:
$1,151
24.392252516522% of Average
On site:
34
low | high
Med:
14
100% of Average
Sourced by Back At You

Market Activity 94061

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Additional Information

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountySan Mateo
CityRedwood City
Zip Code94061
Area699 Not Defined
Listing VS Median (in 94061)
Price:
$5,400,000
low | high
Med:
$1,799,000
100% of Average
sqft:
5,892
low | high
Med:
1,629
100% of Average
$ / sqft:
$916
low | high
Med:
$1,151
24.392252516522% of Average
On site:
34
low | high
Med:
14
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.5M - $6.75M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
1460 Kentfield Avenue Property Photo 1
$5,400,000
1460 Kentfield Avenue
Redwood City, CA 94061
Listing Updated: August 31, 2026 at 10:46:22 AM PDT
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