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.
Active
$3,960,000
205 Washington St, Grass Valley, CA 95945
36beds
0baths
16,496sqft
5 or More Units
Built in 1977
-- sqft lot
$-- Zestimate®
$240/sqft
$-- HOA
What's special
- 39 days
- 194
- 10
Zillow last checked:
Listing updated:
Listed by:
Randy Casto DRE #01221138 530-362-0518,
Core Real Estate Brokerage
Source: MetroList Services of CA,MLS#: 226108414Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Refrigerator, Water Heater, Dishwasher, Disposal, Free-Standing Electric Range
- Laundry: Coin Operated, Common Area
Features
- Low-Flow Toilet(s), Low-Flow Shower(s)
- Flooring: Carpet, Vinyl, Varies
- Has fireplace: No
Interior area
- Total interior livable area: 16,496 sqft
Video & virtual tour
Property
Parking
- Total spaces: 18
- Parking features: Off Street
- Uncovered spaces: 18
Lot
- Size: 0.79 Acres
- Features: Private, Other
- Topography: Level,Trees Few,Level,Trees Few
Details
- Parcel number: 0832415000
- Zoning: Multi Res
- Special conditions: Standard
- Other equipment: Varies by Unit
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: 5 or More Units
Materials
- Frame, Wood
- Foundation: Raised, Slab
- Roof: Composition
Condition
- Year built: 1977
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Connected, City, DSL Available, Electric, Natural Gas Connected
Community & HOA
Location
- Region: Grass Valley
Financial & listing details
- Price per square foot: $240/sqft
- Price range: $4M - $4M
- Date on market: 9/1/2026
- Tenant pays: Cable TV, Rent Only, Electricity
- Income includes: Rent Only, Laundry
Estimated market value
Not available
Estimated sales range
Not available
$1,675/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $3,960,000+140%$240/sqft |
Source: MetroList Services of CA #226108414 Report a problem | ||
| 8/7/2026 | Listing removed | $1,650 |
Source: Zillow Rentals Report a problem | ||
| 8/1/2026 | Listed for rent | $1,650 |
Source: Zillow Rentals Report a problem | ||
| 2/7/2019 | Sold | $1,650,000$100/sqft |
Source: MetroList Services of CA #18604220 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment
