Redwood City, CA 94061
$4,980,000
Beds
12
Baths
12
Living Space
5,892 SqFt
Year Built
2024
Lot Size
0.26 Acres
Days
50
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 (Elementary) - GreatSchools rating not listed - John F. Kennedy Middle (Middle) - GreatSchools rating not listed - Woodside High (High) - GreatSchools rating not listed School District: Redwood City Elementary, Sequoia Union High
Within a 1-2 mile radius of 1460 Kentfield Avenue, Redwood City, CA, 94061, several parks are available. These include Jardin de Ninos Park, Mezes Park, and Palm Park. Stulsaft Park, a 42-acre park with wooded trails, is also nearby.
The neighborhood is identified as Palm Park, a residential area situated between the shopping districts of El Camino Real and Woodside Plaza, and close to downtown Redwood City. This location is described as highly convenient for shopping, dining, and entertainment, with flat, leafy streets contributing to its walkability.
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 MPT Shuttle Redwood City Midpoint, all within 0.2 miles. The Redwood City Caltrain Northbound stop is a five-minute walk away, serving Express, Limited, and Local Weekday routes. A Transit Score is not explicitly listed.
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 (Elementary) - GreatSchools rating not listed - John F. Kennedy Middle (Middle) - GreatSchools rating not listed - Woodside High (High) - GreatSchools rating not listed School District: Redwood City Elementary, Sequoia Union High
Within a 1-2 mile radius of 1460 Kentfield Avenue, Redwood City, CA, 94061, several parks are available. These include Jardin de Ninos Park, Mezes Park, and Palm Park. Stulsaft Park, a 42-acre park with wooded trails, is also nearby.
The neighborhood is identified as Palm Park, a residential area situated between the shopping districts of El Camino Real and Woodside Plaza, and close to downtown Redwood City. This location is described as highly convenient for shopping, dining, and entertainment, with flat, leafy streets contributing to its walkability.
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 MPT Shuttle Redwood City Midpoint, all within 0.2 miles. The Redwood City Caltrain Northbound stop is a five-minute walk away, serving Express, Limited, and Local Weekday routes. A Transit Score is not explicitly listed.
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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