1460 Kentfield Avenue, Redwood City, California 94061, Redwood City, 94061 - 0 bed, 0 bath
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Redwood City, California 94061
Analysis of 1460 Kentfield Avenue, Redwood City, California 94061 is currently available with a list price of $5,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Redwood City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new construction project completed in 2024. The property features mint-condition luxury kitchens with quartz countertops, modern bathrooms with designer tiling, and state-of-the-art systems including solar panels and new electrical/HVAC, requiring zero maintenance.
Completed in November 2024, this luxury asset features modern systems and high-quality construction, significantly reducing near-term capital expenditures and maintenance costs for the investor.
The property offers a versatile combination of two spacious 4-bedroom townhomes and two 2-bedroom units, catering to a wide demographic of high-quality tenants in a supply-constrained market.
Generating over $27,000 in monthly gross income with a 4.05% cap rate, the property provides immediate, stable cash flow with meaningful upside potential as local rents continue to rise.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5892, other record living area = 1670.
With a list price of nearly $6 million, the high price-per-unit may present a barrier to entry for smaller-scale investors or those requiring higher leverage.
The 4.05% cap rate, while reflective of a premium 'trophy' asset, may be perceived as aggressive by yield-focused investors compared to alternative high-yield opportunities in the current interest rate environment.
$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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades 5-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 5,892 | 3,986 | 50% |
| Lot Size | 11,179 | 9,096 | 50% |
| Price | $6.00M | $3.79M | 50% |
| Price per sq ft | $1.0K | $892 | 50% |
| Built year | 2024 | 1989 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 20 | 50% |
May 20, 2026
$5,995,000
Initial Listing
Feb 28, 2022
$1,925,000
Public Record
Jun 6, 2019
$1,025,000
Public Record
Dec 16, 2016
$1,075,000
Public Record