4-Unit Downtown
New
For Sale
$2,150,000
2330 2nd St, Napa, CA 94559
Four separate residences combine varied unit configurations with existing rental income and owner-occupancy flexibility.
Property Size3,995 SF
Lot Size0.24 Acres
Days on Market3
Property Features for 2330 2nd St
General Information
Standard status
Active
Size
3,995 SF
Total Parking Spaces
7
Lot size
0.24 Acres
Property subtype
Investment
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA, 2 x 2BR/2BA
Multifamily Units
4
Additional Details
Cap Rate
4.07%
Amenities
in-unit washer and dryer
Building Details
Building Size
3,995 SF
Year Built
1925
Buildings
2
Units
4
Tenancy
Multi
Listing Agency:
COMPASS
Listed By:
Alison Christianson
(707) 326-0211
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 7:26AM
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 COMPASS
Investment Insights
Based on property information with market context.
Built in 1925, the property contains four independent living spaces: a three-bedroom, two-bath main home, an attached one-bedroom, one-bath residence with its own kitchen, and a detached duplex with two two-bedroom, two-bath units. All four residences are currently leased. Separate gas and electric meters, in-unit laundry, and seven off-street parking spaces—including two covered spaces—serve the property.
The 0.24-acre site is in Downtown Napa, within walking distance of restaurants, tasting rooms, and the riverfront, with access to Highway 29. The property has a 4.07% gross cap rate and a configuration that allows for owner occupancy alongside rental use.
The 0.24-acre site is in Downtown Napa, within walking distance of restaurants, tasting rooms, and the riverfront, with access to Highway 29. The property has a 4.07% gross cap rate and a configuration that allows for owner occupancy alongside rental use.
Key Highlights
- Four independent residences: one 3‑bedroom/2‑bath home, one 1‑bedroom/1‑bath unit, and two 2‑bedroom/2‑bath units
- 0.24 acres in Downtown Napa, within walking distance of restaurants, tasting rooms, and the riverfront
- Seven off‑street parking spaces, including two covered spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,598
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,411,960
$1.4M
Cap Rate 7%
$1,008,543
$1.0M
Cap Rate 9%
$784,422
$784.4K
Market Conditions
NOI Build-Up for 3,995 SF
Gross rent
$107.9K $27.00/SF
− Vacancy
−$7.0K −$1.76/SF
EGI
$100.9K $25.25/SF
− OpEx
−$30.3K −$7.57/SF
NOI
$70.6K $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 Rate 5%
$1,411,960
Cap Rate 7%
$1,008,543
Cap Rate 9%
$784,422
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$882.5K – $1.18M
NOI $70,598 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$910.6K
$796.8K – $1.06M
NOI $63,740 @ 7.0% cap · market cap 2.96%
Theoretical Best
Specialty Retail
$8.06M
$7.05M – $9.41M
NOI $564,321 @ 7.0% cap · market cap 26.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,371
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separate residences combine varied unit configurations with existing rental income and owner-occupancy flexibility.
Where is this quadplex located?
The property is located at 2330 2nd St Napa, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Four independent residences: one 3‑bedroom/2‑bath home, one 1‑bedroom/1‑bath unit, and two 2‑bedroom/2‑bath units; 0.24 acres in Downtown Napa, within walking distance of restaurants, tasting rooms, and the riverfront; Seven off‑street parking spaces, including two covered spaces
