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Residential Income Property with Hobby Vineyard

315 N White Cottage Road N Angwin, CA 94508

315 N White Cottage Road N, Angwin, CA, 94508
$660,000
For Sale
$660,000

Includes a hobby vineyard plus a 3-bedroom home and separate legal in-law unit with hardwood floors.

Property Size2,725 SF
Price / SF$242.20
Days on Market111

Property Features for 315 N White Cottage Road N

General Information

Standard status
Active
Size
2,725 SF
Property subtype
Multi-Family
Listing agency Luxe Places International Realty
Listed by Petra Hartman-Agapoff
Source Xome
Added: Apr 2 Updated: Jul 20 at 8:40PM Checked: Jul 21 at 3:10AM

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 Luxe Places International Realty


Investment Insights

Based on property information with market context.

This distinctive property pairs a hobby vineyard with a primary 3-bedroom, 2-bath home. Inside, the living areas are described as spacious with great natural light, and hardwood floors run throughout. The living room features a cozy fireplace/insert. The interior is noted as needing work, offering a canvas for renovation to suit an owner’s preferences.

The home also includes a separate legal in-law unit with 2 bedrooms and 1 bath. The property is located at 315 N White Cottage Road N in Angwin, CA 94508.

Overall, it presents a residential income setup combined with vineyard use, supported by the two distinct dwelling units described in the remarks.

Key Highlights

  • Includes a hobby vineyard plus a 3‑bedroom home and a separate legal in‑law unit (2 bed/1 bath).
  • 3‑bedroom, 2‑bath home features hardwood floors and a cozy fireplace/insert in the living room.
  • Kitchen appliances include dishwasher, electric range/cooktop, and microwave, plus washer and dryer.

Local 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 $73.6k $27.00
− Vacancy −$4.8k −$1.76
EGI $68.8k $25.25
− OpEx −$20.6k −$7.57
NOI $48.2k $17.67
2,725 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$687.9K
$601.9K – $802.6K (±1% cap)
NOI $48,155 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$621.1K
$543.5K – $724.6K (±1% cap)
NOI $43,477 @ 7.0% cap · market cap 6.59%
Theoretical Best
Specialty Retail
$5.50M
$4.81M – $6.42M (±1% cap)
NOI $384,925 @ 7.0% cap · market cap 58.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Vineyards

Suggested Use

Building Supply Parking Lot & Garage Law Firm Electrical Service Auto Parts Store Restaurant Pharmacy (Bike/Boat/Book/etc) Store Locksmith Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Vineyard - Includes a hobby vineyard plus a 3-bedroom home and separate legal in-law unit with hardwood floors.
Where is this vineyard located?
The property is located at 315 N White Cottage Road N Angwin, CA.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Includes a hobby vineyard plus a 3‑bedroom home and a separate legal in‑law unit (2 bed/1 bath).; 3‑bedroom, 2‑bath home features hardwood floors and a cozy fireplace/insert in the living room.; Kitchen appliances include dishwasher, electric range/cooktop, and microwave, plus washer and dryer.
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