$2,400,000

Estimated payment $14,691/month

Total Views 908
-- 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
  • Gross Income $222,048

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

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
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

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
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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