1030 G ST, Napa, CA 94559
1030 G ST, Napa, CA 94559
1030 G ST, Napa, CA 94559
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Listed by Michael Holcomb W Real Estate 
$1,195,000
Est. payment /mo
2,618 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,618 sqft

Price per Sqft $456

MLS Listing ID 326067414

HOA Y/N No

Year Built 1918

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Quadruplex

Property Description

W Commercial is pleased to present G Street Apartments, a four-unit multifamily investment opportunity located in Napa, California. The property offers a manageable low-unit-count apartment asset with stable in-place tenancy, a strong in-town location, and a clean stabilized income profile supported by executed leases and updated operating expenses. The offering is priced at $1,195,000, equating to approximately $298,750 per unit. Based on the current rent roll, lease-based recurring other income, a 5.0 vacancy factor, and updated utility charges, the property generates approximately $65,550 of stabilized net operating income, representing an implied stabilized cap rate of approximately 5.49. G Street Apartments benefits from a desirable in-town Napa location with convenient access to Downtown Napa, local restaurants, retailers, coffee shops, services, and major transportation corridors. The property's location should continue to appeal to tenants seeking proximity to Napa's employment, hospitality, retail, and lifestyle amenities while maintaining a residential neighborhood setting. The units have been consistently occupied over the last several years, signaling strong tenant demand for the property and reinforcing the appeal of its location, unit mix, and overall rental profile. The asset also features a shared courtyard area, creating an inviting common outdoor space for tenants and adding to the overall residential feel of the property. The property is zoned RI-4, supporting its existing multifamily residential use and providing a straightforward investment profile for buyers seeking a stabilized Napa apartment asset.

Location

State CA

County Napa

Area Napa

Zoning RI-4

Rooms

Basement None

Interior

Cooling Central Air, Wall Unit(s)

Flooring Wood

Appliance Varies By Unit

Laundry Common Area

Exterior

Waterfront Description Public

Private Pool No

Building

Lot Description Corner Lot, Private

Sewer Public Sewer

Water Public

Others

Tax ID 003015010000

Special Listing Condition Standard


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Marisa Rosas

Marisa Rosas

+1(707) 889-2443

Broker Associate | DRE#0203548

Broker Associate DRE#0203548

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