1460 Kentfield AVE, Redwood City, CA 94061
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1460 Kentfield AVE, Redwood City, CA 94061
1460 Kentfield AVE, Redwood City, CA 94061
1460 Kentfield AVE, Redwood City, CA 94061
1460 Kentfield AVE, Redwood City, CA 94061
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Brad Schmett

Brad Schmett

+1(760) 880-5845
$ 5,995,000
Est. payment /mo
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Open Wed 12PM-1PM

1460 Kentfield AVE Redwood City, CA 94061

5,892 SqFt

Open House

Wed May 06, 12:00pm - 1:00pm

Sat May 09, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,892 sqft

Price per Sqft $1,017

MLS Listing ID ML82045071

HOA Y/N No

Year Built 2024

Annual Tax Amount $65,737

Lot Size 0.257 Acres

Property Sub-Type Quadruplex

Property Description

$27,250 monthly income // 4.05% current cap rate // NEW CONSTRUCTION luxury townhomes and cottages.1460 Kentfield Avenue (The Grove on Kentfield), 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.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-2

Interior

Heating Central, Electric

Cooling Central Air, Wall/Window Unit(s)

Flooring Wood

Fireplace No

Appliance Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Range Hood

Exterior

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Roof Type Composition,Shingle

Accessibility None

Total Parking Spaces 4

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Schools

Elementary Schools Other

Middle Schools John F. Kennedy

High Schools Woodside

School District Other

Others

Tax ID 059041630

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jimmy Castellanos Marcus & Millichap #02024152
Brad Schmett

Brad Schmett

CEO / President | License ID: 01275226

+1(760) 880-5845

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1460 Kentfield AVE