$2,400,000

Estimated payment $14,540/month

-- Bed
-- Bath
6,600 Sq Ft
$364 Price per Sq Ft

Highlights

  • 0.3 Acre Lot
  • Washer and Dryer
  • 2-minute walk to Riverside Park
  • Laundry Facilities

About This Home

Located less than one mile from Downtown Napa, this well-maintained 12-unit apartment community offers a compelling investment opportunity with strong in-place fundamentals and long-term upside. Situated on a 0.30-acre rectangular parcel, the two-story property was constructed in 1986 and features stucco siding with T1-11 accents, a pitched composition shingle roof, and a concrete slab foundation. The property consists of twelve thoughtfully designed one-bedroom units, several of which have been updated with modern kitchens featuring stainless appliances, including dishwashers and gas ranges, as well as private outdoor spaces. A central communal gathering area enhances tenant appeal and fosters a sense of community. Additional amenities include on-site laundry facilities and seven off-street parking spaces, complemented by ample street parking. The property is also equipped with a fire sprinkler and alarm system. Originally developed as a 62+ senior community, the property was operating as an all-age community at the time of its purchase in 2001, and current ownership has continued to operate it as such. Current ownership has completed several significant capital improvements including a new roof (2016), fresh exterior paint (2025), repaving and restriping of the parking lot, new fencing, and upgraded electrical subpanelsproviding a strong foundation for future ownership and minimizing near-term capital expenditure requirements. With close proximity to local retail, dining, and outdoor amenities, while maintaining a quiet, residential setting, this offering represents an exceptional opportunity to acquire a quality asset in one of the Bay Area's most desirable and supply constrained rental markets.

Listing Agent

Kate Raphael Smith

Norcal Commercial License #02027825 Listed on: 05/15/2026

Co-Listing Agent

Scott Gerber

Norcal Commercial License #01138762

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 12,926 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Parking

  • On-Street Parking
  • 7 Open Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0.3 Acres

Listing Details

  • Type: Residential Income
  • Lot Size Acres: 0.2967
  • CapRate: 5
  • Levels: Two
  • Reso Window Features: Double Pane Windows
  • Property Sub Type: 5 or More Units
  • Co List Office Mls Id: ANORCAL
  • Co List Office Mls Id: ANORCAL
  • Directions: 270 Brown St, Napa, CA
  • Power Production Type: None
  • Special Features: None

Interior Features

  • Basement: None
  • NumberOfBuildings: 1
  • Stories: 2

Exterior Features

  • Lot Features: Shape Regular
  • Roof: Composition, Shingle
  • Foundation Details: Concrete, Slab

Garage/Parking

  • Parking Features: Off Street, Open, On Street
  • OpenParkingSpaces: 7

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Common Area, Washer/Dryer Owned

Lot Info

  • Lot Size Sq Ft: 12926

Building Info

  • Year Built: 1986

Multi Family

  • NumberOfUnitsTotal: 12
  • Annual Gross Income: 222048

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $20,896 $1,205,457 $278,754 $926,703
2024 $20,061 $1,181,822 $273,289 $908,533
2023 $20,061 $1,158,650 $267,931 $890,719
2022 $18,917 $1,135,932 $262,678 $873,254
2021 $18,356 $1,113,660 $257,528 $856,132
2020 $17,897 $1,102,242 $254,888 $847,354
2019 $17,455 $1,080,631 $249,891 $830,740
2018 $17,094 $1,059,443 $244,992 $814,451
2017 $16,620 $1,038,671 $240,189 $798,482
2016 $15,952 $1,018,306 $235,480 $782,826
2015 $14,742 $1,003,011 $231,943 $771,068
2014 $14,491 $983,364 $227,400 $755,964
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 For Sale $2,400,000 -- $364 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326042982

Bay Area Real Estate Information Services (BAREIS)

APN: 005-123-009

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