$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… Read More 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. Read Less
Courtesy of Marcus & Millichap, Jimmy Castellanos 408-483-5040
Listing Snapshot
Days Online
13
Last Updated
Property Type
Single Family Residence
Beds
12
Full Baths
10
Partial Baths
2
Square Ft.
5,892
Lot Size
0.26 Acres
Year Built
2024
MLS Number
ML82046890
30 Days Snapshot Of 94061
$2.49M
+18%
(avg) sold price
20
-25%
homes sold
10
+11%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 11179.00, Max Area Units: Square Feet
Building
Built in 2024, 5,892 square feet, 5,892 living square feet, Building type: Attached
Dining Room
Dining Area
Family Room
Separate Family Room, Other, Kitchen / Family Room Combo
Fireplaces
1 fireplace (minimum)
Floors
Hardwood
Foundation
Concrete Perimeter
Roof
Composition
Cooling
Ceiling Fan, Central AC, Window / Wall Unit
Kitchen
Cooktop - Electric, Dishwasher, Hood Over Range, Microwave, Oven - Electric
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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