Quadplex with Shared
New
For Sale
$1,195,000
1030 G St, Napa, CA 94559
RI-4 zoning supports the existing multifamily residential use in an established Napa setting.
Property Size2,618 SF
Days on Market4
Property Features for 1030 G St
General Information
Standard status
Active
Size
2,618 SF
Property subtype
Investment
Zoning
RI-4
Additional Details
Asking Price
$1,195,000
Public Transit
Yes
Multifamily Units
4
Amenities
shared courtyard area
Building Details
Building Size
2,618 SF
Year Built
1918
Units
4
Listing Agency:
W REAL ESTATE
2262661
Listed By:
Michael Holcomb
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 11 at 6:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of W REAL ESTATE
Investment Insights
Based on property information with market context.
G Street Apartments is a four-unit quadplex built in 1918, with a shared courtyard that provides common outdoor space for residents. The property has maintained consistent occupancy over the last several years, and executed leases support the current tenant profile. Updated operating expenses and recurring other income are reflected in the property’s operating figures, including an approximately 5.49 cap rate.
Located at 1030 G St in Napa, the property provides access to downtown restaurants, retailers, coffee shops, services, and transportation corridors. Walk Score is 4, Bike Score is 11, and Transit Score is 37. RI-4 zoning supports the existing multifamily residential use.
Located at 1030 G St in Napa, the property provides access to downtown restaurants, retailers, coffee shops, services, and transportation corridors. Walk Score is 4, Bike Score is 11, and Transit Score is 37. RI-4 zoning supports the existing multifamily residential use.
Key Highlights
- Four‑unit quadplex at 1030 G St, Napa, CA 94559
- Shared courtyard provides common outdoor space for residents
- Built in 1918
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,264
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$925,280
$925.3K
Cap Rate 7%
$660,914
$660.9K
Cap Rate 9%
$514,044
$514.0K
Market Conditions
NOI Build-Up for 2,618 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$70.7K $27.00/SF
− Vacancy
−$4.6K −$1.76/SF
EGI
$66.1K $25.25/SF
− OpEx
−$19.8K −$7.57/SF
NOI
$46.3K $17.67/SF
Area
Napa County, CA
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$925,280
Cap Rate 7%
$660,914
Cap Rate 9%
$514,044
Alternative Uses
Best Use
Multifamily LT 5
$660.9K
$578.3K – $771.1K
NOI $46,264 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$596.7K
$522.1K – $696.2K
NOI $41,770 @ 7.0% cap · market cap 3.50%
Theoretical Best
Specialty Retail
$5.28M
$4.62M – $6.16M
NOI $369,810 @ 7.0% cap · market cap 30.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,641
Businesses Nearby
Explore this area
Business Placement
Demographics for 94559, CA
28,137
Population
11,599
Households
2.4
Avg Household Size
40
Median Age
37%
College-Educated
84%
High-School Grad
41.4 sq mi
ZIP Area
680
Density / Sq Mi
$100,559
Median Household Income
$52,247
Median Earnings
$2,044
Median Rent
$877,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - RI-4 zoning supports the existing multifamily residential use in an established Napa setting.
Where is this quadplex located?
The property is located at 1030 G St Napa, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Four‑unit quadplex at 1030 G St, Napa, CA 94559; Shared courtyard provides common outdoor space for residents; Built in 1918
