Redwood City, CA 94061
$5,400,000
Beds
12
Baths
12
Living Space
5,892 SqFt
Year Built
2024
Lot Size
0.26 Acres
Days
5
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.
Listing provided courtesy ofJimmy Castellanos License 02024152 Marcus & Millichap, Costantini Team License 70010227 Compass
Data provided by MLSListings Inc.
- Henry Ford Elementary School - GreatSchools rating 4/10 - John F. Kennedy Middle School - GreatSchools rating 7/10 - Woodside High School - GreatSchools rating 8/10 School District: Redwood City Elementary School District
Within a 1-2 mile radius of 1460 Kentfield Avenue, several parks offer recreational opportunities. Mezes Park, located at Warren St & Standish St, is a 1.67-acre park with playground equipment, picnic areas, and tennis courts. Stulsaft Park, situated at 3737 Farm Hill Blvd, is a larger 42.06-acre park featuring hiking trails, an off-leash dog area, picnic spots, and a playground. Jardin de Ninos Park and Dolphin Park are also nearby options.
The property is located in the Palm Park neighborhood of Redwood City. This area is characterized by flat, leafy streets and is situated between the shopping areas of El Camino Real and Woodside Plaza, offering convenient access to shopping, dining, and entertainment. The neighborhood is described as having high walkability and is home to a variety of local businesses, including bakeries, boutiques, and specialty shops.
This location boasts a Walk Score of 98 out of 100, indicating it is a "Walker's Paradise" where daily errands can be accomplished on foot. Public transit options are readily available, with multiple bus lines and the Redwood City Caltrain Northbound stop within a 0.2-mile radius. Verified transit routes include the SEA Shuttle Seaport Centre, MPT Shuttle Redwood City Midpoint, and various SamTrans bus lines. Transit Score: Score not available.
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 - GreatSchools rating 4/10 - John F. Kennedy Middle School - GreatSchools rating 7/10 - Woodside High School - GreatSchools rating 8/10 School District: Redwood City Elementary School District
Within a 1-2 mile radius of 1460 Kentfield Avenue, several parks offer recreational opportunities. Mezes Park, located at Warren St & Standish St, is a 1.67-acre park with playground equipment, picnic areas, and tennis courts. Stulsaft Park, situated at 3737 Farm Hill Blvd, is a larger 42.06-acre park featuring hiking trails, an off-leash dog area, picnic spots, and a playground. Jardin de Ninos Park and Dolphin Park are also nearby options.
The property is located in the Palm Park neighborhood of Redwood City. This area is characterized by flat, leafy streets and is situated between the shopping areas of El Camino Real and Woodside Plaza, offering convenient access to shopping, dining, and entertainment. The neighborhood is described as having high walkability and is home to a variety of local businesses, including bakeries, boutiques, and specialty shops.
This location boasts a Walk Score of 98 out of 100, indicating it is a "Walker's Paradise" where daily errands can be accomplished on foot. Public transit options are readily available, with multiple bus lines and the Redwood City Caltrain Northbound stop within a 0.2-mile radius. Verified transit routes include the SEA Shuttle Seaport Centre, MPT Shuttle Redwood City Midpoint, and various SamTrans bus lines. Transit Score: Score not available.
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.
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