Seller's Agent in 2025
Michael Holcomb
W Real Estate
(707) 332-2654
6 in this area
20 Total Sales
1516 3rd St Unit 8 Napa, CA 94559
Downtown Napa Neighborhood
3
Beds
3
Baths
--
Sq Ft
7,588
Sq Ft Lot
About This Home
As of December 2025Discover a unique investment opportunity with The Lovejoy Mansion, a Stick Eastlake Victorian built between 1885-1887 and later converted into an 8-unit multi-family property in the mid-20th century. This building combines classic architectural character with updated systems, offering both historic charm and practical functionality in the heart of Napa Valley. Modern Systems: Comprehensive 1985 renovation included all-new plumbing, ABS drain lines, full rewiring for electric, phone, and cable, and new gas service all separately metered for each unit. Independent Utilities: Each unit boasts its own gas-fired wall furnace and gas water heater, ensuring individual tenant control and efficient management. Fully Leased: Solid tenant base, including some long-term residents, offering immediate cash flow. Outdoor Space: Shared rear patio area perfect for tenant relaxation. Prime Location: Just a short stroll to vibrant Downtown Napa fine dining, tasting rooms, shops, and entertainment all within reach. Whether you're seeking a stable income-producing asset or looking to add a landmark property to your portfolio, The Lovejoy Mansion represents a rare opportunity to own a slice of Napa's heritage in an unbeatable location.
Last Agent to Sell the Property
W Real Estate License #01458995 Listed on: 05/21/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1885
Utilities
- No Cooling
- Wall Furnace
Additional Features
- 3 Bedrooms
- 7,588 Sq Ft Lot
Community Details
- 8 Units
- Gross Income $105,822
Listing and Financial Details
- Assessor Parcel Number 003-202-008-000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2025 12/31/25 | Sold | $1,800,000 | -8.9% | -- |
| 07/28/2025 07/28/25 | For Sale | $1,975,000 | +9.7% | -- |
| 07/28/2025 07/28/25 | Off Market | $1,800,000 | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $1,975,000 | -- | -- |
Source: Bay Area Real Estate Information Services (BAREIS)
Agents Affiliated with this Home
-
Michael Holcomb
-
Will Lance
Seller Co-Listing Agent in 2025
Will Lance
W Real Estate
(707) 367-4066
1 in this area
33 Total Sales
Map
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 325046282
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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