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Triplex Property with Junior ADU
New
For Sale
$1,700,000

1435 2nd Street, Calistoga, CA 94515

MULTI_FAMILY - Calistoga, CA

Property Size2,892 SF
Lot Size0.16 Acres
Price / SF$587.83
Days on Market2

Property Features for 1435 2nd Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 6, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 5, Bedroom 2, Bedroom 1
Parking 2
Parking features On Street, Covered
Appliances Varies By Unit
Lot features Sidewalk
Directions Washington Street to 2nd Street, use GPS for best directions
Subdivision Calistoga
Standard status Active
APN 011203006000
Size 2,892 SF
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Zoned
Water source Public

Building Details

Year built 1914
Floors in Building 2
Number of units 3
Listing Agency: Coldwell Banker Brokers of the Valley · Coldwell Banker Real Estate
Listed By: Tracy Warr · License #01443203
Added: Jul 31 Last Checked: Aug 1 at 12:06AM
MLS# 326065661

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 Triplex-style property includes a main house with three bedrooms and two bathrooms, plus a legal junior ADU with a full kitchen, bathroom, and laundry. A historic carriage house anchors the back of the property, supporting flexible use as a second ADU, guest accommodations, or additional rental space. The configuration is designed for multiple lifestyle scenarios, including living on-site while generating rental income from the ADU and carriage house.

Set on a 0.16-acre lot, the property was built in 1914. Central heating and zoned cooling are provided, and utilities include public water and public sewer. Parking is described as on-street with covered parking, and appliances are listed as varying by unit. The home is sold fully furnished, with laundry included.

With downtown Calistoga dining and shopping described as just blocks away, this property offers an owner-occupant or investor layout built around multiple structures on one lot.

Key Highlights

  • Main house has three bedrooms and two bathrooms
  • Legal junior ADU includes full kitchen, bathroom, and laundry
  • Historic carriage house at the back of the property

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $78.1k $27.00
− Vacancy −$5.1k −$1.76
EGI $73.0k $25.25
− OpEx −$21.9k −$7.57
NOI $51.1k $17.67
2,892 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$730.1K
$638.8K – $851.8K (±1% cap)
NOI $51,106 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$659.2K
$576.8K – $769.0K (±1% cap)
NOI $46,141 @ 7.0% cap · market cap 2.71%
Theoretical Best
Specialty Retail
$5.84M
$5.11M – $6.81M (±1% cap)
NOI $408,514 @ 7.0% cap · market cap 24.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Local Restaurant Hood ... Commercial Cleaning Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Locksmith Barber Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby

Demographics for 94515, CA

6,834
Population
3,214
Households
2.1
Avg Household Size
48
Median Age
36%
College-Educated
79%
High-School Grad
115.5 sq mi
ZIP Area
59
Density / Sq Mi
$97,202
Median Household Income
$50,189
Median Earnings
$1,830
Median Rent
$830,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex-style property with a legal junior ADU, historic carriage house, central heating, and zoned cooling near downtown Calistoga.
Where is this triplex located?
The property is located at 1435 2nd Street Calistoga, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Main house has three bedrooms and two bathrooms; Legal junior ADU includes full kitchen, bathroom, and laundry; Historic carriage house at the back of the property
More about this property
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