About 1460 Kentfield Ave
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.
Features of 1460 Kentfield Ave
| MLS® # | ML82058820 |
|---|---|
| Price | $5,400,000 |
| Bedrooms | 12 |
| Bathrooms | 12.00 |
| Full Baths | 10 |
| Half Baths | 2 |
| Square Footage | 5,892 |
| Square Footage | Other |
| Acres | 0.26 |
| Year Built | 2024 |
| Type | Single Family Residential |
| Sub-Type | Single Family Home |
| Style | Farm House, Luxury |
| Status | Active |
Community Information
| Address | 1460 Kentfield Ave |
|---|---|
| Area | Central Park Etc. |
| City | Redwood City |
| County | San Mateo |
| State | CA |
| Zip Code | 94061 |
Amenities
| Amenities | Security Gate |
|---|---|
| Utilities | Individual Electric Meters |
| Parking Spaces | 4 |
| Garages | Attached Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Hood Over Range, Microwave, Cooktop - Electric, Refrigerator, Oven - Electric |
|---|---|
| Heating | Central Forced Air, Electric |
| Cooling | Ceiling Fan, Central AC |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Windows | Solar Heating, Energy Star HVAC, Double Pane Windows |
|---|---|
| Roof | Shingle, Composition |
| Construction | Wood Frame |
| Foundation | Concrete Perimeter, Crawl Space |
Additional Information
| Zoning | R2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jimmy Castellanos |
|---|---|
| Office | Marcus & Millichap |
| Contact Info | 408-483-5040 |