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Multifamily

1460 Kentfield Ave

1460 Kentfield Ave, Redwood City, CA 94061

Listing Price: $5,995,000

Cap Rate
4.05%
Number of Units
4
GRM
18.33
Occupancy
100.0%
Price/Unit
$1,498,750

Investment Overview

$27,250 monthly income // 4.05% current cap rate // NEW CONSTRUCTION luxury townhomes and cottages.1460 Kentfield Avenue (The Grove on Kentfield), 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.

Investment Highlights

  • TROPHY NEW CONSTRUCTION/GENERATIONAL ASSET (ORIGINALLY BUILT AS FOR SALE TOWNHOMES COMPLETED IN NOV. 2024)
  • SITUATED IN THE PALM PARK NEIGHBORHOOD
  • STRONG-IN PLACE RENTS WITH UPSIDE POTENTIAL
  • MINUTES TO DOWNTOWN REDWOOD CITY
  • LOCATED IN THE HEART OF THE SILICON VALLEY BETWEEN SAN FRANCISCO AND SAN JOSE
  • CONVENIENT ACCESS TO HIGHWAY 101 AND INTERSTATE 280
  • PROXIMITY TO REDWOOD CITY CALTRAIN STATION

Exclusively Listed By

Multifamily

1460 Kentfield Ave

Listing Price: $5,995,000

Cap Rate
4.05%
Number of Units
4
GRM
18.33
Occupancy
100.0%
Price/Unit
$1,498,750

Investment Highlights

  • TROPHY NEW CONSTRUCTION/GENERATIONAL ASSET (ORIGINALLY BUILT AS FOR SALE TOWNHOMES COMPLETED IN NOV. 2024)
  • SITUATED IN THE PALM PARK NEIGHBORHOOD
  • STRONG-IN PLACE RENTS WITH UPSIDE POTENTIAL
  • MINUTES TO DOWNTOWN REDWOOD CITY
  • LOCATED IN THE HEART OF THE SILICON VALLEY BETWEEN SAN FRANCISCO AND SAN JOSE
  • CONVENIENT ACCESS TO HIGHWAY 101 AND INTERSTATE 280
  • PROXIMITY TO REDWOOD CITY CALTRAIN STATION

Investment Overview

$27,250 monthly income // 4.05% current cap rate // NEW CONSTRUCTION luxury townhomes and cottages.1460 Kentfield Avenue (The Grove on Kentfield), 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.

Exclusively Listed By

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