Redwood City, CA 94061
$5,400,000
Beds
12
Baths
12
Living Space
5,892 SqFt
Year Built
2024
Lot Size
0.26 Acres
Days
37
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.
Listing provided courtesy ofJimmy Castellanos License 02024152 Marcus & Millichap, Costantini Team License 70010227 Compass
Data provided by MLSListings Inc.
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- Henry Ford Elementary (Elementary) - GreatSchools rating 4/10 - John F. Kennedy Middle (Middle) - GreatSchools rating 7/10 - Woodside High (High) - GreatSchools rating 8/10 School District: Redwood City Elementary
Within a 1–2 mile radius of 1460 Kentfield Avenue, several parks are available. These include Jardin de Ninos Park, Hawes Park, and Mezes Park. Stulsaft Park, located 1.7 miles away, offers wooded trails and a splash pad.
The neighborhood is Palm Park, described as a residential area conveniently located between shopping districts and close to downtown Redwood City. It is characterized by flat, leafy streets and offers proximity to shopping, dining, and entertainment.
This location is a Walker's Paradise with a Walk Score of 98 out of 100. Daily errands can be accomplished on foot, and it is a five-minute walk to the Express, Limited, and Local Weekday transit lines at the Redwood City Caltrain Northbound stop.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Henry Ford Elementary (Elementary) - GreatSchools rating 4/10 - John F. Kennedy Middle (Middle) - GreatSchools rating 7/10 - Woodside High (High) - GreatSchools rating 8/10 School District: Redwood City Elementary
Within a 1–2 mile radius of 1460 Kentfield Avenue, several parks are available. These include Jardin de Ninos Park, Hawes Park, and Mezes Park. Stulsaft Park, located 1.7 miles away, offers wooded trails and a splash pad.
The neighborhood is Palm Park, described as a residential area conveniently located between shopping districts and close to downtown Redwood City. It is characterized by flat, leafy streets and offers proximity to shopping, dining, and entertainment.
This location is a Walker's Paradise with a Walk Score of 98 out of 100. Daily errands can be accomplished on foot, and it is a five-minute walk to the Express, Limited, and Local Weekday transit lines at the Redwood City Caltrain Northbound stop.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.