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2031 Lee Ave 3 Unit Apartment Building $960,000 ($320,000/Unit) 5.45% Cap Rate Napa, CA 94559
Investment Highlights
- Prime Napa Location – Situated in a quiet residential pocket of Napa, the property offers tenants a peaceful living environment while remaining close
- Diverse Unit Mix (1BR + Two 2BR Units) – A mix of one- and two-bedroom units appeals to a wide renter pool—from single professionals to small families
- Strong Local Rental Demand – Napa’s limited multifamily inventory and steady influx of hospitality, wine, and agricultural workers create consistent t
Executive Summary
Broker of Record
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
| Price | $960,000 | Apartment Style | Low-Rise |
| Price Per Unit | $320,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.45% | Building Size | 3,170 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1952 |
| Price | $960,000 |
| Price Per Unit | $320,000 |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 3,170 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1952 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
1 1
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 002-042-003 | Improvements Assessment | $553,550 |
| Land Assessment | $312,902 | Total Assessment | $866,452 |
Property Taxes
Parcel Number
002-042-003
Land Assessment
$312,902
Improvements Assessment
$553,550
Total Assessment
$866,452
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2031 Lee Ave
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