$3,200,000
$700K PRICE INCREASE

Estimated payment $20,501/month

Total Views 37,151
4 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1-Story Property
  • Landscaped
  • 3-minute walk to Penry Park
  • Petaluma Junior High School Rated A-
  • Carpet

About This Home

Highly desirable location in Historic Petaluma. One of the best walking downtown's in California. These 8 charming one bedroom, detached cottages will be a great addition to any portfolio. Each cottage has gas stoves and original Knotty Pine walls. Separate PGE meters, Carpet and features approx. 450 sq. ft. Off-street parking for 5 cottages. Walking distance to everything Petaluma downtown offers including restaurants, breweries, wineries, pubs, theatre, marina, water, entertainment and so much more.

Listing Agent

Denise Kilker

Navigate Real Estate License #01939014 Listed on: 05/18/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 8,903 Sq Ft Lot
  • Landscaped
  • Sprinkler System

Home Design

  • Concrete Foundation
  • Tar and Gravel Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • 1-Story Property
  • Carpet

Parking

  • 7 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Wall Furnace
  • Natural Gas Connected
  • Individual Gas Meter
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 006-275-011-000

Community Details

Overview

  • 8 Buildings
  • 8 Units

Building Details

  • Gross Income $163,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: West on Washington St. right onto Keller St. Cottages are on the right behind Volpi's Restaurant
  • Lot Size Acres: 0.2044
  • CapRate: 5.50
  • Levels: One
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet
  • NumberOfBuildings: 8

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete Perimeter
  • Lot Features: Auto Sprinkler F&R, Landscape Front
  • Roof: Composition, Tar/Gravel

Garage/Parking

  • Parking Features: Off Street, Street, Uncovered
  • Total Parking Spaces: 7.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Internet Available, Natural Gas Connected
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 006-275-011-000
  • Lot Size Sq Ft: 8903.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1939

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1000 to 1800
  • Number Of1 Bedrooms Occupied: 8
  • Number of 1 Bedroom Units: 8
  • NumberOfUnitsTotal: 8

Map

Range of Values:

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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 Change Sq Ft Price
07/01/2025 07/01/25 For Sale $3,200,000 0.0% --
06/30/2025 06/30/25 Off Market $3,200,000 -- --
04/01/2025 04/01/25 Price Changed $3,200,000 +40.0% --
04/01/2025 04/01/25 For Sale $2,285,000 0.0% --
03/31/2025 03/31/25 Off Market $2,285,000 -- --
08/13/2024 08/13/24 Price Changed $2,285,000 -0.7% --
01/06/2024 01/06/24 For Sale $2,300,000 0.0% --
12/31/2023 12/31/23 Off Market $2,300,000 -- --
10/15/2023 10/15/23 Price Changed $2,300,000 -8.0% --
07/10/2023 07/10/23 For Sale $2,500,000 0.0% --
06/30/2023 06/30/23 Off Market $2,500,000 -- --
05/18/2023 05/18/23 For Sale $2,500,000 +53.8% --
09/19/2017 09/19/17 Sold $1,625,000 0.0% $456 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $1,625,000 -- $456 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323033321

Bay Area Real Estate Information Services (BAREIS)