Washington Street
Grass Valley, CA 95945
Rare Downtown Grass Valley Multifamily Investment OpportunityDiscover an exceptional addition to your commercial portfolio in a highly desirable, high-demand downtown Grass Valley location. This premium 18-unit apartment community features a uniform layout of highly sought-after 2-bedroom units, catering perfectly to the area's robust and consistent rental demographic. Reflecting a stellar history of 100% occupancy with zero historical vacancy, the asset yields strong, predictable cash flow from day one. Under meticulous long-term management, the property exemplifies true pride of ownership and has been preserved in immaculate, turn-key condition. Ideal for the discerning investor seeking a stabilized, low-maintenance asset in a premier Northern California submarket.
Property Details
Map
Map
Features
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Bedroom Information
Window Feature: Caulked/Sealed,Dual Pane Full,Window CoveringsWater/Sewer
Sewer: Public Sewer -
Flooring Information
Carpet, Vinyl, Varies by Unit -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Free Standing Refrigerator, Insulated Water Heater, Dishwasher, Disposal, Free Standing Electric Range Laundry Features: Coin Operated, In Common Area -
Heating & Cooling
Heating: Central Cooling: Central WaterSource: Public
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Building Information
Year Built: 1977 Stories: 2 Construction Materials: Frame, Wood Roof: Composition Foundation Details: Raised, Slab -
Exterior Features
Foundation Details: Raised, SlabPorch: Balcony/Deck,Varies by Unit -
Laundry Features
Coin Operated, In Common AreaPatio And Porch
Balcony/Deck, Varies by Unit
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Lot Information
Lot Description: Private, Other Lot Square Feet: 34,412 Stories: 2 Main Square Feet: 16,496 Topography: Level, Trees FewProperty Information
Property Type: Residential Income Sub Type: 5 or More Units Style: Contemporary SQ ft (Living Area): 16,496 Construction Materials: Frame,Wood Property Age: 49 Cross Street: Quartz St Source Neighborhood: 13105 Area: Grass Valley S: 95945 Zoning: Multi Res Living Area Source: Assessor Auto-Fill Structure Type: ApartmentsFarm Info
Irrigation Source: Public District
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Listing Price Information
Listing Id: 226108414 List Price: $3,960,000 List Price Tot SqFt: $240
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Tax Information
Parcel Number: 008-324-015-000
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Parking Information
Parking Total: 18 Off Street
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Elementary School District: Grass ValleyJunior High School District: Grass ValleySenior High School District: Nevada Joint Union
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Utility Information
Cable Available, Sewer Connected, City, DSL Available, Electric, Natural Gas Connected Electric: 220 Volts -
Location Information
Direction: East Main to Richardson to Washington
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Tim Burr Lane, Grass Valley, CA, 95945 | $515,000 | 3 | 3 | 1,712 | -- |
| Franciscan Way, Grass Valley, CA, 95945 | $685,000 | 3 | 3 | 2,306 | -- |
| Tiger Lily Lane, Grass Valley, CA, 95945 | $625,000 | 5 | 4 | 3,104 | -- |
| Somerset Drive, Grass Valley, CA, 95945 | $1,199,000 | 4 | 4 | 3,555 | -- |
| Fifield Road, Grass Valley, CA, 95945 | $499,000 | 3 | 3 | 1,704 | -- |
| Lower Colfax Road, Grass Valley, CA, 95945 | $1,100,000 | 4 | 4 | 4,028 | -- |
| Silver Way, Grass Valley, CA, 95945 | $499,000 | 3 | 2 | 1,381 | -- |
| Christophers Place, Grass Valley, CA, 95945 | $884,000 | 4 | 3 | 3,543 | -- |
| S Ponderosa Way, Grass Valley, CA, 95945 | $1,050,000 | 4 | 4 | 4,939 | -- |
| Fifield Road, Grass Valley, CA, 95945 | $539,000 | 3 | 3 | 1,704 | -- |
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ByOwner last updated this listing 09/07/2026 @ 11:18
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