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1532 Jefferson St

4 Unit Block of Flats £1,194,532 (£298,633/Unit) 6.50% Net Initial Yield Napa, CA 94559

Executive Summary

Perfect for your 1031 Exchange - this fully renovated 1920s home offers a healthy 6.5% cap rate and strong investment potential. Zoned OC and permitted as SFR, its flexible layout is ideal for 30+ day Airbnb or long-term rentals. The property features 5 rooms/"units" (3 are furnished); all with private entrances, kitchenettes, and bathrooms. Modern updates include a chef's kitchen, real hardwood floors, 5 European-tiled bathrooms, 5-zone mini-split AC/heat pumps, common laundry facilities, and Nest Smart Home/Keyless Entry throughout. With 4 off-street parking spaces and flexibility for future uses (including potential ADU, or OC Office Commercial use), this property offers a unique blend of historic charm and high-end finishes. Profit and Loss details available on request.

Property Facts

Price £1,194,532
Price Per Unit £298,633
Sale Type Investment
Net Initial Yield 6.50%
Sale Conditions 1031 Exchange
No. Units 4
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.10 AC
Building Size 1,515 SF
Number of Floors 2
Year Built/Renovated 1920/2021

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Security System
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Deck
  • Pantry
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Security System
  • Furnished Units Available

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 3 - -
1+1 1 - -
Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003-121-037
Land Assessment
£197,612
Improvements Assessment
£264,307
Total Assessment
£461,918
  • Listing ID: 34098318

  • Date on Market: 05/12/2024

  • Last Updated:

  • Address: 1532 Jefferson St, Napa, CA 94559

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