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Glen Riggs

glen@glenriggs.com +1(925) 216-8151

Listed by Jimmy Castellanos • Marcus & Millichap

$ 5,995,000

Est. payment | -/mo

12 Beds

12 Baths

5,892 SqFt

Save

$ 5,995,000

Est. payment | -/mo

Save

12 Beds

12 Baths

5,892 SqFt

Open House

Sat May 16, 11:00am - 1:00pm

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 5,892 sqft

Price per Sqft $1,017

MLS Listing ID ML82046890

Bedrooms 12

Full Baths 10

HOA Y/N No

Year Built 2024

Lot Size 0.257 Acres

Property Sub-Type Duet

Source Datashare MLSListings

Property 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.

Location

State CA

County San Mateo

Interior

Heating Forced Air, Other

Cooling Ceiling Fan(s), Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplace Yes

Appliance Dishwasher, Electric Range, Microwave

Exterior

Garage Spaces 4.0

Private Pool false

Building

Story 2

Water Public

Schools

School District Sequoia Union High, Redwood City Elementary

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Nearby Locations

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Glen Riggs

REALTOR® | Lic# CA DRE 02161397

glen@glenriggs.com

+1(925) 216-8151

2603 Camino Ramon Suite 200, San Ramon CA 94583

1460 Kentfield Avenue Redwood City, CA 94061

Glen Riggs

Open House

Key Details

Location

Interior

Exterior

Building

Schools

1460 Kentfield Avenue