$ 5,995,000
-
$5,995,000
Price -
12
Bed -
12
Bath -
5,892
SqFt
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About the Listing ML88226 - 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.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Residential
MLS ®
ML82046890
Year Built
2024
Total Square Footage
5,892
Lot/Acreage
0.26
County
San Mateo
Area
699 - Not Defined
School District
Other
Middle School
John F. Kennedy
High School
Woodside
Interior Details
- Bedrooms: 12
- Bathrooms: 10 Full / 2 Half
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Range Hood
- Air Cond: Central Air,Wall/Window Unit(s)
- Heating: Central
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Zoning: R-2
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: Off Site
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 059041630
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1460 Kentfield Ave Redwood City, CA 94061
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