$ 4,980,000
-
$4,980,000
Price -
12
Bed -
5,892
SqFt -
0.26
Acre
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About the Listing ML88226 - ML5073942,ML5082979
5.00%+ current cap rate. NEWLY CONSTRUCTED FOURPLEX // Four-Bedroom & Two-Bedroom Floor Plans // 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.
Listing Highlights for 1460 Kentfield Ave
Interior Details
- Bedrooms: 12
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Range Hood
- Air Cond: Central Air
- Heating: Central,Electric
- Fireplaces:
- Floor: Wood
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Zoning: R2
- Roof: Composition,Shingle
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $59,081
- Taxes w/Assessments: N/A
- Tax/Property ID: 059041630
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1460 Kentfield Ave Redwood City, CA 94061
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