1460 Kentfield Avenue

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Source: California Regional MLS

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ML5073942 • ML5082979

$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.

Property Information

Property Details

Location

Address

1460 Kentfield Avenue

County

San Mateo

City

Redwood City

Zip Code

94061

School District

Other

High School

Woodside

Elementary School

Other

MLS Area

699 - Not Defined

Interior Features

Heating and Cooling

Cooling

Central Air, Wall/Window Unit(s)

Heating

Central, Electric

Building

Building Information

Square Feet

5,892

Year Built

2024

Foundation

Concrete Perimeter

Roof

Composition, Shingle

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

$65,737

1460 Kentfield Avenue, Redwood City, CA 94061

Market Report for 94061