$2,925,000
SOLD APR 14, 2025
10 Beds
3 Baths
-- Sq Ft
0.27 Acres

Recently Sold

11% Below List Price

121 Days on Market

About This Home

As of April 2025

An exceptional investment opportunity in the heart of Napa! This recently updated 7-unit multi- family property is located directly across the street from the local high school and just minutes from the charm and amenities of downtown Napa. Property Highlights: - Unit Mix: Four 1-bedroom, 1-bath units and three 2-bedroom, 1-bath units - Sizes: Units range from 600 to 1,050 sq. ft., offering comfortable and functional layouts - Updates: Fresh interior and exterior paint, brand-new appliances, and modernized interiors throughout - Turnkey Condition: Fully updated and ready to generate strong rental income Location Perks: - Walking distance to schools and parks - Close to Napa's vibrant downtown, renowned wineries, and dining options - Easy access to major highways Property Details: - Year Built: N/A - Lot Size: approximately 11,592 SF - per MLS - Onsite parking: 5 spaces - Located on the corner of Lincoln Ave. and Georgia St. This well-maintained property combines an unbeatable location with immediate income potential. Whether you're a seasoned investor or looking to expand your portfolio, this is a rare opportunity in the highly sought-after Napa market.

Last Agent to Sell the Property

Michael Holcomb

W Real Estate License #01458995

W Real Estate

Co-Listed By

Chuck Meibeyer

Charles William Meibeyer License #01754455

Last Buyer's Agent

Patrick Gleeson

W Real Estate License #01212486

W Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Home Design

  • Side-by-Side
  • Updated or Remodeled

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Additional Features

  • Ceiling Fan
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 002-034-001-000

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • Gross Income $213,600

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Located on the corner of Georgia Street and Lincoln Avenue.
  • Lot Size Acres: 0.2661
  • CapRate: 5.00
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • NumberOfBuildings: 3

Exterior Features

  • Lot Features: Corner
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Side-by-Side, Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Other

Lot Info

  • Assessor Parcel Number: 002-034-001-000
  • Lot Size Sq Ft: 11591.00

Multi Family

  • 1 Bedroom Rent Range: 1,800 - 2,800
  • Two Bedroom Rent Range: 2,500 - 2,900
  • Number of 1 Bedroom Units: 4
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 3
  • NumberOfUnitsTotal: 7

Map

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
04/14/2025 04/14/25 Sold $2,925,000 -11.4% --
12/09/2024 12/09/24 For Sale $3,300,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324090823

Bay Area Real Estate Information Services (BAREIS)

APN: 002-034-001