Active

840 W Napa St

Sonoma CA, 95476

$5,500,000


$476.93 per sqft

Active

5 Baths

11,532 sqft

Multi-family

Built in 2019

Prime Multifamily Investment: Sonoma Village Lane High quality, newer built multifamily investment property in the heart of Sonoma. Located at 840 W. Napa St. just mile from the Sonoma Plaza. Built in 2019, this carefully constructed and designed property features 11 units on 1.03 acres. (7) 2bd/2ba units at 920sqft., (4) 2bd/2ba units at 1200 sqft. The mix of single-level units and two-story units, offers versatility and appeal to a variety of tenants. Each unit includes its own fenced in rear yard and patio as well as covered parking. This property has been impeccably maintained, and is equipped with modern appliances, well-kept grounds and landscaping. Dual entrances on W. Napa and Spain Street enhance accessibility and convenience, ensuring an attractive living environment. Ideal for savvy investors, 840 W. Napa presents an excellent 1031 exchange opportunity, combining strong rental income potential with the prospect of long-term appreciation. Whether you're expanding your portfolio or seeking a strategic investment, this property promises both immediate returns and future growth.

324063298

MLS ID

August 16, 2024

Listed

December 11, 2024

Updated

Map

840 W Napa St
Sonoma CA, 95476

Interior Features

Total Stories

0


Total Bathrooms

5


Full Bathrooms

4


Laundry Description

In Each Unit


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.03 Acres


Exterior Features

Auto Sprinkler FR, Curb(s), Landscape Back, Landscape Front, Sidewalk


Lot Features

Auto Sprinkler FR, Curb(s), Landscape Back, Landscape Front, Sidewalk


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

Sonoma


Garage

No


Parking

Attached


Parking Total

26


View

No


County

Sonoma


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/11/2024

Price change

$5,500,000

-9%

10/29/2024

Price change

$5,995,000

-5%

10/22/2024

Active

10/18/2024

Under contract

10/4/2024

Pending

9/24/2024

Price change

$6,275,000

-2%

Listed by Randy Waller (01795950) with W Real Estate

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeff and Tracey Schween shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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