$2,800,000
SOLD MAY 7, 2021

1712 Washington St Calistoga, CA 94515

14 Beds
1 Bath
-- Sq Ft
0.82 Acres

Recently Sold

96 Days on Market

Highlights

  • 0.82 Acre Lot
  • Laundry Facilities
  • 2-minute walk to Logvy Community Park
  • Garage

About This Home

As of May 2021

Welcome to The Willows, a purpose built 14-unit apartment complex, located a few blocks from downtown Calistoga, in the beautiful upper Napa Valley. Calistoga is the future home to the FOUR SEASONS Operated Resort (scheduled to open Q2 2021) located on the east side of town on the Silverado Trail; AND A ROSEWOOD PROPERTY(estimated opening in 2024) located on the west side of town off of Highway 29. Jobs are coming to Calistoga and housing will be at a premium.Priced at less than $300/SF, this is priced less replacement costs. This 14-unit property services the population of 55+ older residents. The complex is purpose built and each One bed/One bath unit has an attached one-car garage. High barriers to entry for development, and strong tenant demand make this an attractive, insulated investment. Over a 4.5-cap. Rental market is strong, with a low-vacancy factor city wide. Take a look at the virtual tour to appreciate the spacious layout.

Last Agent to Sell the Property

Jeff Feeney

Coldwell Banker B of V-Com Div License #01329335 Listed on: 01/15/2021

Coldwell Banker B of V-Com Div

Last Buyer's Agent

Non-Member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.82 Acre Lot

Parking

  • Garage

Home Design

  • Concrete Foundation
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 011-160-024-000

Community Details

Overview

  • 2 Buildings
  • 14 Units

Additional Features

  • Laundry Facilities
  • Gross Income $219,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Lincoln Ave to Washington. North on Washington to 1712.
  • Lot Size Acres: 0.8216
  • CapRate: 4.30
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Other
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Wall Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 011-160-024-000
  • Lot Size Sq Ft: 35789

Building Info

  • Year Built: 1986

Multi Family

  • One Bedroom Annual Occupancy: 90
  • 1 Bedroom Rent Range: 1100-1500
  • Number Of1 Bedrooms Occupied: 14
  • Number of 1 Bedroom Units: 14
  • NumberOfUnitsTotal: 14

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $2,800,000 0.0% --
04/21/2021 04/21/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $2,800,000 +4.9% --
01/31/2020 01/31/20 Sold $2,670,000 0.0% $269 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
02/17/2019 02/17/19 For Sale $2,670,000 -- $269 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22031369

Bay Area Real Estate Information Services (BAREIS)

APN: 011-160-024