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1516 3rd Street #8, Napa, CA 94559

Local realty services provided by:CENTURY 21 Kobetz Realty
1516 3rd Street #8,Napa, CA 94559
$1,975,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: michael holcomb, william lance
Office: w real estate
MLS#:325046282
Source:CABAREIS

Price summary

  • Price:$1,975,000

About this home

Discover a unique investment opportunity with The Lovejoy Mansion, a Stick Eastlake Victorian built between 1885-1887 and later converted into an 8-unit multi-family property in the mid-20th century. This building combines classic architectural character with updated systems, offering both historic charm and practical functionality in the heart of Napa Valley. Modern Systems: Comprehensive 1985 renovation included all-new plumbing, ABS drain lines, full rewiring for electric, phone, and cable, and new gas service all separately metered for each unit. Independent Utilities: Each unit boasts its own gas-fired wall furnace and gas water heater, ensuring individual tenant control and efficient management. Fully Leased: Solid tenant base, including some long-term residents, offering immediate cash flow. Outdoor Space: Shared rear patio area perfect for tenant relaxation. Prime Location: Just a short stroll to vibrant Downtown Napa fine dining, tasting rooms, shops, and

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Home facts

  • Year built:1885
  • Listing ID #:325046282
  • Updated:December 13, 2025 at 03:43 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1885
  • Lot area:0.17 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,975,000
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