NOT LISTED FOR SALE

4545 Petaluma Blvd N Petaluma, CA 94952

5 Beds
-- Bath
2,350 Sq Ft
2.2 Acres

Last Sold September 26, 2012

Last sale price $892,000 $380 Per Sq Ft

149 Days on Market

Highlights

  • Vineyard View
  • Private Lot
  • Laundry Facilities
  • Petaluma Junior High School Rated A-
  • 6 Car Garage
  • Carpet

About This Home

As of September 2012

All seven units are individually metered and include five, 1-bdr/1-ba and two, studio/1-bath apartments. On-site laundry facilities and ample off-street parking. The building has been significantly upgraded over the past several years and offers a low-maintenance investment opportunity. This investment offers an excellent location, attractive steady income, and upside potential. This property offers investors a compelling investment opportunity

Last Agent to Sell the Property

Erich Reichenbach

Marcus & Millichap Real Estate License #01860626 Listed on: 04/30/2012

Last Buyer's Agent

Jeanette Ditter

Coldwell Banker Realty License #01054183

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 2.2 Acre Lot
  • Private Lot

Parking

  • 6 Car Garage
  • Off-Street Parking

Property Views

  • Vineyard
  • Pasture
  • Hills
  • Valley

Home Design

  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 2,350 Sq Ft Home
  • Carpet

Utilities

  • Wall Furnace
  • Individual Gas Meter
  • Well
  • Septic System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 048-033-039-000

Community Details

Overview

  • 2 Buildings
  • 7 Units

Additional Features

  • Laundry Facilities
  • Gross Income $90,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Parking

6

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Exit Old Redwood Hwy/Penngrove left Old Redwood Hwy N Onto Petaluma Blvd N - 4545 Petaluma
  • Lot Size Acres: 2.2000
  • CapRate: 6.90
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, LVYN
  • Price Per Square Foot: 379.57
  • Square Footage: 2350.00
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Private, COUN
  • Roof: Composition
  • View: Hills, Pasture, Valley, Vineyard

Garage/Parking

  • Parking Features: Garage, Off Street
  • Garage Spaces: 6.00
  • Number Of Guest Spaces: 10

Utilities

  • Sewer: Septic Connected
  • Water Source: Well
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 048-033-039-000
  • Lot Size Sq Ft: 95832.00

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1942

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $1,025-$1,300
  • Number Of1 Bedrooms Occupied: 5
  • Number of 1 Bedroom Units: 5
  • Number of Studio Units: 2
  • NumberOfUnitsTotal: 7
  • Number Studios Occupied: 2

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 List to Sale Price per Sq Ft
09/26/2012 09/26/12 Sold $892,000 0.0% $380 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $892,000 -- $380 / 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: 21210371

Bay Area Real Estate Information Services (BAREIS)