NOT LISTED FOR SALE

1905 Bodega Ave Petaluma, CA 94952

5 Beds
7 Baths
2,789 Sq Ft
2.3 Acres

Last Sold March 01, 2022

Last sale price $1,750,000 $627 Per Sq Ft

168 Days on Market

Highlights

  • Traditional Architecture
  • Private Yard
  • 1-Story Property
  • Petaluma Junior High School Rated A-
  • Storage

About This Home

As of March 2022

50 Knudsten lane, is a 4-unit mixed-use property consisting of 4 buildings located in Petaluma. Units consist of a detached 1 three bedroom/ two bathroom home, a detached three bedroom/ one bathroom home, a two bedroom/ one bathroom home, and a fully leased landmark restaurant, which has been tastefully renovated. One of the residences is owner/occupied and the other two units have stable long term tenants. All residential units include are single level, include indoor laundry, large yards and have separate gas electric and water meters. Property is ideal for an investor looking for a turn-key asset, as well as owner/occupants seeking income or generational housing solutions. The property has been loved for 35+ years and is now ready for its new owners.

Last Agent to Sell the Property

Simon Raya

Coldwell Banker Realty License #01924065 Listed on: 08/31/2021

Coldwell Banker Realty

Last Buyer's Agent

Judy Chen

Keller Williams Realty License #02003849

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 2.3 Acre Lot
  • Private Yard

Home Design

  • Traditional Architecture
  • Mixed Use
  • Composition Roof

Interior Spaces

  • 5 Bedrooms
  • 2,789 Sq Ft Home
  • 1-Story Property
  • Storage

Parking

  • 10 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Individual Gas Meter
  • Separate Water Meter
  • Septic System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 021-024-065-000

Home Details

Home Type

Single Family

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Interior Amenities: Storage Area(s)
  • Type: Residential Income
  • Property Sub Type: Other
  • Subtype Description: Mixed Use
  • Directions To Property: Head northwest on US-101 N 190 ft Take exit 474 for E Washington St toward Central Petaluma 0.2 mi Use the left 2 lanes to turn left onto E Washington St Pass by 7-Eleven (on the right in 1.5 mi) 1.5 mi Continue onto Bodega Ave 1.3 mi Turn left onto Knudtsen Rd Destination will be on the right
  • Lot Size Acres: 2.3000
  • Stories: 1
  • CapRate: 2.50
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Traditional
  • Number Commercial Units: 1
  • Special Features: None

Interior Features

  • Appliances: See Remarks
  • Accessibility Features: See Remarks
  • Flooring: See Remarks
  • Price Per Square Foot: 627.47
  • Square Footage: 2789.00
  • NumberOfBuildings: 4

Exterior Features

  • Foundation: See Remarks
  • Lot Features: Other
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • ExteriorFeatures: Yard Space
  • View: Varies By Unit, Other

Garage/Parking

  • Parking Features: Covered, Varies By Unit, Other
  • Total Parking Spaces: 10.00
  • Carport Spaces: 2.00
  • Covered Parking Spaces: 2.00

Utilities

  • Cooling: See Remarks
  • Security Features: None, Other
  • Sewer: Septic System
  • Utilities: Other
  • Water Source: Public
  • Heating: See Remarks
  • Laundry Features: Varies By Unit, Other
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 021-024-065-000
  • Lot Size Sq Ft: 100188.00

Building Info

  • Year Built: 1915

Multi Family

  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 2000
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 0-1950
  • Number Of2 Bedrooms Occupied: 1
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 2
  • NumberOfUnitsTotal: 4

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $1,750,000 -7.9% $627 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
08/31/2021 08/31/21 For Sale $1,899,499 -- $681 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321103907

Bay Area Real Estate Information Services (BAREIS)