930 Golden Gate Dr - Apartments FOR SALE


Napa, CA 94558- Westwood
$895,000 USD
916-724-1358
930 Golden Gate Dr, Napa, CA for Sale
$895,000 USD
Apartments - FOR SALE
1/19
null | 4.74% Cap Rate

930 Golden Gate Dr
Napa, CA 94558
Westwood


HIGHLIGHTS

  • Unit Amenities - House Features In-Unit And 1-Car Garage And Duplex Offers Extra Storage Closets And On-Site Laundry
  • Owner-Landlord Opportunity & Upside Potential – Ideal For An Owner Occupant Looking To Live In 3-BD Home While Benefiting From Rent Income From Duplex
  • Strong Rental History & Stable Income – Excellent Rental History, Providing Reliable Cash Flow For The New Owner
  • Value Add Potential: Convert 1-Bedroom Units to 2-Bedroom Units (Buyer To Verify With County)
  • Prime Location – Close Proximity To Downtown Napa, Wineries, And Major Roads, Offering Convenient Access To Shopping, Dining, And Tourism Attractions

OVERVIEW

*Owner is completing a Reverse 1031 Exchange - Already Closed Upleg. Please submit offers by Friday, May 23rd. https://www.marcusmillichap.com/properties/177468/deal-room/6cb7bf77371ad964 The Heitzeberg Group of Marcus & Millichap is pleased to present 930 Golden Gate Drive, a rare tri-plex conveniently located near Hwy 29 and Imola Ave. The property offers easy access to shopping, dining, and commuting throughout Napa, Sonoma, and Solano counties. This Napa property offers a beautifully remodeled single-family home, updated around 2018, with hardwood floors, a modern kitchen, a newly renovated bathroom, and a stone fireplace. The home features 3 bedrooms, 1 bath, a spacious living and dining area, and a convenient laundry room. The backyard is a good size, and there's a one-car garage. This home offers an excellent opportunity for an owner-occupant, while still providing stable rental income. In addition, the property includes a recently remodeled duplex, featuring two one-bedroom, one-bath units. Each unit offers a spacious living and dining area, with the downstairs unit having its own patio, and the upstairs unit boasting a 400 sq. ft. deck. Both units are approximately 900 sq. ft. and are in great condition. The property also offers a large carport with plenty of guest parking. Nestled in the legendary green hills and tall trees of Napa Valley, Westwood is a fantastic neighborhood once home to orchards. Today, it's made up of peaceful streets lined with single-family homes and apartment communities. Located about a mile west of downtown Napa, Westwood is bordered by Highway 29 to the east and First Street to the north. The area is home to the Napa Premium Outlets, which draws visitors from across the valley to shop at popular stores like Coach, J. Crew Factory, Tommy Hilfiger, and Cole Haan Outlet. For those looking to enjoy the natural beauty of Napa Valley, Westwood Hills Park is the place to be. It's a great spot to meet up with neighbors, explore the hiking trails, or visit the kids' nature library. And if you're a fan of great food, some of the best restaurants in California are just east of Westwood, many of them in or near Oxbow Public Market.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$280 USD /SF

# OF UNITS

3

PRICE/UNIT

$298,333

CAP RATE

4.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,912 SF

ZONING

RM

APN/PARCEL ID

043-342-001

ASK ABOUT THIS PROPERTY

Andres GuerraMarcus & MillichapMore Info
916-724-1358

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Andres GuerraMarcus & MillichapMore Info
916-724-1358

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.