Brown street, Napa, CA 94559
Active
$2,400,000
Units
Beds
Baths
6,600 Area(sq.ft.)
Lot: n/a Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 326042982 |
| Listing Date: | May 25, 2026 |
| County: | Napa County |
| Property Type: | Residential Income |
| Price per ft2: | $ 364 |
| Year Built: | 1986 |
Property Details
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.Interested in this Listing?
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Income Details
| Gross Annual Income: | $ 222,048 |
| Cap Rate: | 5% |
| Gross Rent Multiplier: | 10.81 |
Structure
| Buildings: | 1 |
| Levels: | Two |
| Sewer: | Public Sewer |
Land & Parking
Interior
| AC/Cooling: | None |
| Heating: | Wall Furnace |
Exterior
| Roof: | Composition,Shingle |
Broker info
| List Office Name: | NORCAL COMMERCIAL |
| List Agent: | Katherine Raphael |
Detailed Map
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