Quadplex with Two
For Sale
$1,100,000
1236 El Centro Avenue, Napa, CA 94558
MULTI_FAMILY - Other - Napa, CA
Property Size3,032 SF
Lot Size0.51 Acres
Price / SF$362.80
Days on Market39
Property Features for 1236 El Centro Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 8, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 4
Parking
16
Parking features
Garage
Appliances
Varies By Unit
Lot features
Shape Regular
Elementary school district
Napa
Middle school district
Napa
High school district
Napa
Directions
North on Jefferson, east on El Centro, third property on right. DO NOT DISTURB OCCUPANTS
Subdivision
Napa
Standard status
Active
APN
038461021000
Size
3,032 SF
Lot size
0.51 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Well
Building Details
Floors in Building
2
Number of units
4
Flooring type
Linoleum, Tile, Carpet
Building materials
Wood
Roof type
Composition
Architectural style
Other
Listing Agency:
Coldwell Banker Brokers of the Valley · Coldwell Banker Real Estate
(707) 258-5200
Listed By:
Kelli Marchbanks · License #01221945
(707) 815-5815
Added: Jul 4
Changed: Aug 3
Last Checked: Aug 11 at 9:06AM
MLS# 326040563
Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This quadplex is configured as two duplexes with four 2-bedroom, 1-bath units. Each unit includes approximately 760 square feet, a private garage, and washer/dryer hookups. The property is on a 0.5103-acre lot with wood construction, composition roofing, and interior finishes that include tile, carpet, and linoleum. Heating is provided by wall furnace units.
Site and utility improvements include upgraded electrical subpanels, french drains along the west and north sides of the property, and city sewer service with three cleanouts. The property also has a well as its water source.
Per the City of Napa, the expansive lot may allow for the addition of up to four ADUs, supporting potential future income and flexibility. The property is less than one block from public transportation and is located near Willow Elementary School and Vintage High School, with Unidos Middle School not too far away.
Site and utility improvements include upgraded electrical subpanels, french drains along the west and north sides of the property, and city sewer service with three cleanouts. The property also has a well as its water source.
Per the City of Napa, the expansive lot may allow for the addition of up to four ADUs, supporting potential future income and flexibility. The property is less than one block from public transportation and is located near Willow Elementary School and Vintage High School, with Unidos Middle School not too far away.
Key Highlights
- 0.5103‑acre lot with a quadplex layout of two duplexes
- Four 2‑bedroom, 1‑bath units, each approximately 760 SF, with private garages
- Washer/dryer hookups included for each unit
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
$53,580
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
4.87%
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%
$1,071,600
$1.1M
Cap Rate 7%
$765,429
$765.4K
Cap Rate 9%
$595,333
$595.3K
Market Conditions
NOI Build-Up for 3,032 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
$81.9K $27.00/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$76.5K $25.25/SF
− OpEx
−$23.0K −$7.57/SF
NOI
$53.6K $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%
$1,071,600
Cap Rate 7%
$765,429
Cap Rate 9%
$595,333
Alternative Uses
Best Use
Multifamily LT 5
$765.4K
$669.8K – $893.0K
NOI $53,580 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$691.1K
$604.7K – $806.3K
NOI $48,375 @ 7.0% cap · market cap 4.40%
Theoretical Best
Specialty Retail
$6.12M
$5.35M – $7.14M
NOI $428,290 @ 7.0% cap · market cap 38.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 94558, CA
65,473
Population
27,402
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
85%
High-School Grad
399.9 sq mi
ZIP Area
164
Density / Sq Mi
$109,444
Median Household Income
$51,955
Median Earnings
$2,248
Median Rent
$855,600
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 - Four 2-bedroom, 1-bath units across two duplexes with private garages and washer/dryer hookups, on public sewer.
Where is this quadplex located?
The property is located at 1236 El Centro Avenue Napa, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 0.5103‑acre lot with a quadplex layout of two duplexes; Four 2‑bedroom, 1‑bath units, each approximately 760 SF, with private garages; Washer/dryer hookups included for each unit
