$575,000
SOLD NOV 22, 2024
-- Bed
10 Baths
2,805 Sq Ft
1,951 Sq Ft Lot

Recently Sold

$205 Per Sq Ft

17% Below List Price

183 Days on Market

About This Home

As of November 2024

New and improved price!! All reasonable offers will be considered. Beautiful Craftsman style fourplex, tastefully updated and maintained with great tenants in place. Vacant units have new carpets and is freshly painted. All tenants are long term with excellent payment records. These units are all very spacious studio apartments with pocket doors and built-in murphy beds to allow residents to make then into a one-bedroom apartment. Every unit also includes a personal washer & dryer, large kitchen, and beautiful and convenient built-in cabinets and drawers. This is one excellent investment property that you won't want to pass on. Live in one and continue to rent out the other three to optimize the value. Property has had seismic retrofitting, foundation secured, and electrical upgrades. Great ROI @ roughly 6.45% Seller also has a SFR on market at 703 Capitol Street, directly around the corner from 808 Napa. House is a 3 bedroom, 1 bath home listed for $445,500. Buy both properties and dramatically increase your rental income potential. Don't miss out. Submit your offer today!

Last Agent to Sell the Property

Krystle Karimian

Krystle Properties License #01853262

Co-Listed By

Renee McCrary

Krystle Properties License #02012806

Last Buyer's Agent

Krystle Karimian

Krystle Properties License #01853262

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909 | Remodeled

Lot Details

  • 1,951 Sq Ft Lot
  • Landscaped

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Raised Foundation

Interior Spaces

  • 2,805 Sq Ft Home
  • 2-Story Property
  • Free-Standing Electric Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • No Cooling
  • Wall Furnace
  • Individual Gas Meter
  • Gas Water Heater

Community Details

  • 4 Units
  • Gross Income $61,980

Listing and Financial Details

  • Assessor Parcel Number 0056-174-160

Property Details

Home Type

Multi-Family

Year Built

Built in 1909 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Georgia exit; Right on Napa St.
  • Lot Size Acres: 0.0448
  • CapRate: 6.92
  • Levels: Two
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater
  • Square Footage: 2805.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Raised
  • Lot Features: Landscape Front
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Owned
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 0056-174-160
  • Lot Size Sq Ft: 1951.00

Building Info

  • Year Built: 1909

Multi Family

  • 1 Bedroom Rent Range: 1200-1500
  • Two Bedroom Rent Range: 1400-2000
  • Three Bedroom Rent Range: 1800-2300
  • Four Bedroom Rent Range: 2000-2800
  • Number of Studio Units: 4
  • NumberOfUnitsTotal: 4
  • Number Studios Occupied: 4

Map

Range of Values:

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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
11/22/2024 11/22/24 Sold $575,000 -10.9% $205 / Sq Ft
10/11/2024 10/11/24 Price Changed $645,000 -0.8% $230 / Sq Ft
10/04/2024 10/04/24 Price Changed $650,000 -6.5% $232 / Sq Ft
10/03/2024 10/03/24 For Sale $695,000 +20.9% $248 / Sq Ft
09/30/2024 09/30/24 Off Market $575,000 -- --
09/09/2024 09/09/24 Price Changed $695,000 -8.6% $248 / Sq Ft
06/17/2024 06/17/24 Price Changed $760,000 -4.4% $271 / Sq Ft
05/22/2024 05/22/24 For Sale $795,000 -- $283 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324036172

Bay Area Real Estate Information Services (BAREIS)