1460 Kentfield Avenue, Redwood City, CA 94061

Redwood City
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
1460 Kentfield Avenue,Redwood City, CA 94061
$5,995,000
  • - Beds
  • - Baths
  • 5,892 sq. ft.
  • Multi-family
  • Active
Listed by: jimmy castellanos, eymon binesh
Office: marcus & millichap650-391-1700
MLS#:ML82045071
Source:CRMLS

Price summary

  • Price:$5,995,000
  • Price per sq. ft.:$1,017.48

About this home

$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.

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Home facts

  • Year built:2024
  • Listing ID #:ML82045071
  • Added:13 day(s) ago
  • Updated:May 12, 2026 at 10:35 AM

Rooms and interior

  • Flooring:Wood
  • Kitchen Description:Dishwasher, Electric Cooktop, Electric Oven, Microwave, Range Hood, Refrigerator
  • Living area:5,892 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Window Units
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:2024
  • Building area:5,892 sq. ft.
  • Lot area:0.26 Acres
  • Foundation Description:Concrete Perimenter

Schools

  • High school:Woodside
  • Middle school:John F. Kennedy
  • Elementary school:Other

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,995,000
  • Price per sq. ft.:$1,017.48
  • Tax amount:$65,737

Features and amenities

  • Appliances:Dishwasher, Electric Cook Top, Electric Oven

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:4
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