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Sonoma Village Lane 840 W Napa St

11 Unit Apartment Building $5,500,000 ($500,000/Unit) Sonoma, CA 95476

Executive Summary

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 ¼ 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 916sqft., (4) 2bd/2ba units at 1280 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.

Property Facts

Price $5,500,000
Price Per Unit $500,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Deferred Maintenance
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 1.03 AC
Building Size 11,532 SF
No. Stories 2
Year Built 2019

Unit Amenities

  • Air Conditioning

Site Amenities

  • 24 Hour Access
Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (70)
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
127-211-034
Land Assessment
$1,843,387
Improvements Assessment
$2,102,356
Total Assessment
$3,945,743
  • Listing ID: 32986824

  • Date on Market: 8/28/2024

  • Last Updated:

  • Address: 840 W Napa St, Sonoma, CA 95476

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