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Listed by Katherine Y Raphael • NORCAL COMMERCIAL • NORCAL COMMERCIAL
NORCAL COMMERCIAL
NORCAL COMMERCIAL
$ 2,400,000
Est. payment /mo
New
270 Brown ST Napa, CA 94559
6,600 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $363
MLS Listing ID 326042982
HOA Y/N No
Year Built 1986
Lot Size 0.297 Acres
Property Sub-Type 5 or More Units
Property Description
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.
Location
State CA
County Napa
Area Napa
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Off Street, Open, Street
Garage Spaces 7.0
Roof Type Composition,Shingle
Building
Foundation Concrete, Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition Offer As Is
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