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1516 3Rd Street 8 Napa, CA, United States 94559

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 entertainment all within reach. Whether you're seeking a stable income-producing asset or looking to add a landmark property to your portfolio, The Lovejoy Mansion represents a rare opportunity to own a slice of Napa's heritage in an unbeatable location.

Amenities

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Multifamily
  • Year Built: 1885
  • Built in 1885
  • Home size: 0 ft2 / 0 m2
  • MLS: 325046282
  • Status: Active

Property brokered by

W Real Estate

(707) 591-0570

Presented by Michael Holcomb

  • (707) 226-2661
  • (707) 226-2661 (Office Phone)

Contact Michael Holcomb

Contact Agent

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