205 Washington St Grass Valley, CA 95945
Grass Valley AreaEstimated payment $22,743/month
Highlights
- Downtown View
- Private Lot
- Balcony
- Contemporary Architecture
- No HOA
- 5-minute walk to Dow Alexander Park
About This Home
Rare Downtown Grass Valley Multifamily Investment OpportunityDiscover an exceptional addition to your commercial portfolio in a highly desirable, high-demand downtown Grass Valley location. This premium 18-unit apartment community features a uniform layout of highly sought-after 2-bedroom units, catering perfectly to the area's robust and consistent rental demographic. Reflecting a stellar history of 100% occupancy with zero historical vacancy, the asset yields strong, predictable cash flow from day one. Under meticulous long-term management, the property exemplifies true pride of ownership and has been preserved in immaculate, turn-key condition. Ideal for the discerning investor seeking a stabilized, low-maintenance asset in a premier Northern California submarket.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Lot Details
- 34,412 Sq Ft Lot
- Private Lot
Home Design
- Contemporary Architecture
- Raised Foundation
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 16,496 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Window Treatments
- Downtown Views
Kitchen
- Free-Standing Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Low Flow Toliet
- Low Flow Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 18 Open Parking Spaces
- 18 Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
Utilities
- Central Heating and Cooling System
- Separate Meters
- 220 Volts
- Natural Gas Connected
- Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 008-324-015-000
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 18 Units
Amenities
- Coin Laundry
Building Details
- 2 Leased Units
- 16 Units Leased Month-To-Month
- Operating Expense $108,647
- Net Operating Income $214,453
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $20,724 | $1,877,413 | $967,152 | $910,261 |
| 2025 | $20,299 | $1,840,602 | $948,189 | $892,413 |
| 2024 | $19,824 | $1,804,513 | $929,598 | $874,915 |
| 2023 | $19,824 | $1,769,131 | $911,371 | $857,760 |
| 2022 | $19,646 | $1,734,443 | $893,501 | $840,942 |
| 2021 | $18,996 | $1,700,435 | $875,982 | $824,453 |
| 2020 | $18,981 | $1,192,585 | $309,426 | $883,159 |
| 2019 | $13,140 | $1,169,202 | $303,359 | $865,843 |
| 2018 | $13,088 | $1,146,277 | $297,411 | $848,866 |
| 2017 | $12,587 | $1,123,802 | $291,580 | $832,222 |
| 2016 | $12,849 | $1,101,767 | $285,863 | $815,904 |
| 2015 | $11,981 | $1,085,219 | $281,570 | $803,649 |
| 2014 | -- | $1,063,962 | $276,055 | $787,907 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/01/2026 09/01/26 | For Sale | $3,960,000 | +140.0% | $240 / Sq Ft | |
| 02/07/2019 02/07/19 | Sold | $1,650,000 | +3.4% | $446 / Sq Ft | View Prior Sale |
| 12/22/2018 12/22/18 | Pending | -- | -- | -- | |
| 12/11/2018 12/11/18 | For Sale | $1,595,000 | -- | $431 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,650,000 | Placer Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,397,000 | Commercial | |
| Closed | $1,450,000 | Commercial |
Source: MetroList
MLS Number: 226108414
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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