1460 Kentfield Avenue, Redwood City, CA 94061
List Price: $6M
Listing Status: Active
0Days on Market: 7
0 Bedrooms · 0 Bathrooms · 5,892 sq ft
Property Type: ResidentialIncome
Year Built: 2024
Lot Size: 11,179 sq ft
Garage Spaces: 4
Annual Property Tax: $65,737
MLS Number: ML82045071
About This Property
$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.
Listing provided by: Jimmy Castellanos DRE #02024152 (650) 391-1700 jimmy.castellanos@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: ML82045071
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.