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$5,400,000
Est. payment /mo
12 Beds
5,892 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,892 sqft
Price per Sqft $916
MLS Listing ID ML82057187
Bedrooms 12
HOA Y/N No
Year Built 2024
Lot Size 0.257 Acres
Acres 0.26
Property Sub-Type Quadruplex
Property Description
NEWLY CONSTRUCTED FOURPLEX // Four-Bedroom & Two-Bedroom Floor Plans // 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.
Location
State CA
County San Mateo
Zoning R2
Interior
Heating Electric, Forced Air, Solar
Cooling Ceiling Fan(s), ENERGY STAR Qualified Equipment
Flooring Hardwood
Fireplace No
Window Features Double Pane Windows
Exterior
Exterior Feature Back Yard
Building
Sewer Public Sewer
New Construction No
Schools
School District Sequoia Union High
Others
Tax ID 059041630
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Listed by Jimmy Castellanos • Marcus & Millichap
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