1460 Kentfield Ave — Sale in Redwood City, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Redwood City, CA 94061

Investment Figures

Cap rate
4.05%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

$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

Market Context

This multifamily in Redwood City, CA is listed for sale. It is offered at an approximate 4.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 85 days. Compare it against other multifamily listings for sale in Redwood City, CA — view the full market.

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