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Listed By:
Jimmy Castellanos with Marcus & Millichap; 408-483-5040
Address
1460 Kentfield Avenue, Redwood City, CA
Price
$ 5,400,000
Property Attributes
  • MLS#ML82058820
  • TypeSingle Family
  • Listing Status Active
  • CountySan Mateo
  • CityRedwood City
  • Area Not Defined
  • Zip94061
  • Style
  • Year Built2024
  • Price$ 5,400,000
  • Bedrooms12
  • Full Bathrooms10
  • Half Bathrooms2
  • Sqr Footage5892
  • Lot Size0.2566 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

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.

Elementary School Middle School High School
Other Elementary School John F. Kennedy Middle School Woodside High School
Price History
8/24/2026 Listed $5,400,000

General Features

Living Area 5892
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Possession Close Of Escrow
Roof Composition,Shingle
Appliances Dishwasher,Electric Cooktop,Electric Oven,Microwave,Refrigerator,Range Hood
Zoning R2
Garage Spaces 4
Year Built 2024
Property Subtype Single Family Residence
Accessibility None
County San Mateo
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Full Baths 10
Special Listing Conditions Standard
Status Active
Directions Cross Street: Redwood Ave
High School Woodside
City Redwood City
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 11179
Elementary School Other
Property Attached Y/N false
Middle/Junior High School John F. Kennedy
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
PostalCity REDWOOD CITY

Interior Features

Flooring Wood
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 2
Total Bedrooms 12
LivingAreaSource Other
Total Baths 12

Exterior Features

Total Parking 4
Lot Size Area 11179
Foundation Details Concrete Perimeter
Lot Size Acres 0.2566
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 94061

Price
AVG $2.42M
$5.4M
Year Built
AVG 1964
2024

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