Under contract

1236 El Centro Ave, Napa, CA 94558

Sqft
3,032
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Brokers of the Valley
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Overview

Exceptional investment opportunity in desirable North Napa! Situated on over 1/2 acre, this rare property features two duplexes comprised of four 2-bedroom, 1-bath units, each with approximately 760 Square Feet, private garage and washer/dryer hookups. Long-term tenants provide stable income with approximately $50,000 actual annual revenue and significant upside potential. Less than one block to public transportation, right down the street from Willow Elementary School, Vintage High School and not too far from Unidos Middle School. Property improvements include upgraded electrical subpanels, french drains along the west and north sides of the property, and city sewer service with three cleanouts. Roof, home, and pest inspection reports are available for buyer review, offering added transparency and confidence. Per the City of Napa, the expansive lot may allow for the addition of up to four ADUs, creating valuable future development and income potential. Recent appraisal at $1,450,000. Offered at $1,300,000 a compelling opportunity for investors, 1031 exchange buyers, or those seeking long-term growth in the heart of the Napa Valley. Please do not disturb occupants.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
3,032
Lot size (acres)
0.51

Interior features

Laundry
Washer and Dryer Hookup

Exterior features

Horse amenities
Stable

Garage and parking

Garage parking spaces
4

Utilities

Heating
Wall Furnace
Cooling
None
Sewer
Public Sewer
Water
Well

Public schools

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Sourced from: Bay Area Real Estate Information Services MLS®#: 326040563 Last checked:

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