Redwood City, CA 94061
$4,980,000
Bed
0
Bath
0
Living Space
5,892 SqFt
Year Built
2024
Lot Size
0.26 Acres
Days
64
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 provided courtesy ofJimmy Castellanos License 02024152 Marcus & Millichap, Eymon Binesh License 02060059 Marcus & Millichap
Data provided by MLSListings Inc.
- Henry Ford Elementary School (Elementary) - GreatSchools rating 4/10 - John F. Kennedy Middle School (Middle) - GreatSchools rating 7/10 - Woodside High School (High) - GreatSchools rating 8/10 School District: Not listed
Several parks are located within a 1-2 mile radius of the property. These include Jardin de Ninos Park, Mezes Park, and Dolphin Park. Stulsaft Park, a 42-acre natural canyon park with wooded trails and a playground, is also nearby. Edgewood Park & Natural Preserve, known for its serpentine trails and wildflowers, is another option for outdoor recreation.
The property is located in Redwood City. This area is characterized by a mix of residential, industrial, and commercial elements within an urban environment. Redwood City offers a vibrant downtown with a variety of dining and entertainment options, including numerous restaurants serving diverse cuisines such as Californian, Italian, Mexican, and Japanese. The city is known for its approachable dining options, making it a popular spot for locals and visitors alike.
This location has a Walk Score of 98 out of 100, indicating it is a "Walker's Paradise" where daily errands do not require a car. Transit options include multiple bus lines such as SEA Shuttle Seaport Centre and EPX East Palo Alto - San Bruno BART and San Francisco, all within 0.2 miles. The Redwood City Caltrain station is also accessible, providing regional rail service. A Transit Score is not explicitly listed, but the proximity to numerous bus lines and the Caltrain station suggests good public transportation access.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Henry Ford Elementary School (Elementary) - GreatSchools rating 4/10 - John F. Kennedy Middle School (Middle) - GreatSchools rating 7/10 - Woodside High School (High) - GreatSchools rating 8/10 School District: Not listed
Several parks are located within a 1-2 mile radius of the property. These include Jardin de Ninos Park, Mezes Park, and Dolphin Park. Stulsaft Park, a 42-acre natural canyon park with wooded trails and a playground, is also nearby. Edgewood Park & Natural Preserve, known for its serpentine trails and wildflowers, is another option for outdoor recreation.
The property is located in Redwood City. This area is characterized by a mix of residential, industrial, and commercial elements within an urban environment. Redwood City offers a vibrant downtown with a variety of dining and entertainment options, including numerous restaurants serving diverse cuisines such as Californian, Italian, Mexican, and Japanese. The city is known for its approachable dining options, making it a popular spot for locals and visitors alike.
This location has a Walk Score of 98 out of 100, indicating it is a "Walker's Paradise" where daily errands do not require a car. Transit options include multiple bus lines such as SEA Shuttle Seaport Centre and EPX East Palo Alto - San Bruno BART and San Francisco, all within 0.2 miles. The Redwood City Caltrain station is also accessible, providing regional rail service. A Transit Score is not explicitly listed, but the proximity to numerous bus lines and the Caltrain station suggests good public transportation access.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
