505 Petaluma Blvd N Petaluma, CA 94952
Oakhill Brewster NeighborhoodEstimated payment $7,024/month
Highlights
- Gated Community
- City View
- Private Lot
- McKinley Elementary School Rated A-
- Wood Burning Stove
- Engineered Wood Flooring
About This Home
Investment opportunity with this multi-family property built in 1912. Each of the 6 units showcases individual character and potential for customization. This income property boasts proximity to key local amenities. The property sits close to the historical heart of downtown Petaluma, surrounded by a variety of shopping and dining options, enriching the lifestyle of residents. Each unit features its unique charm and the property includes a security gate. Additionally, there is an outdoor parking area designated for residents. The property is being sold as-is, representing a chance for the right investor to capitalize on its potential and enhance its value. Discover the blend of historical allure and potential with this distinctive multi-family investment in a sought-after neighborhood of Petaluma.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,902
Year Built
- Built in 1912 | Remodeled
Lot Details
- 0.31 Acre Lot
- Fenced Yard
- Private Lot
Property Views
- City
- Mountain
Home Design
- Side-by-Side
- Fixer Upper
- Concrete Foundation
- Composition Roof
- Metal Roof
Interior Spaces
- 6 Bedrooms
- 4,200 Sq Ft Home
- 2-Story Property
- Fireplace
- Wood Burning Stove
- Window Treatments
- Window Screens
- Dishwasher
Flooring
- Engineered Wood
- Carpet
- Tile
Laundry
- Laundry closet
- Washer and Dryer
Home Security
- Security Lights
- Security Gate
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 12 Car Detached Garage
- 12 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Utilities
- No Cooling
- Wall Furnace
- Baseboard Heating
- Individual Gas Meter
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 006-091-005-000
Community Details
Overview
- 3 Buildings
- 6 Units
Additional Features
- Gross Income $98,500
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,902 | $785,000 | $435,000 | $350,000 |
| 2024 | $1,902 | $155,365 | $99,438 | $55,927 |
| 2023 | $1,902 | $152,320 | $97,489 | $54,831 |
| 2022 | $1,779 | $149,334 | $95,578 | $53,756 |
| 2021 | $1,748 | $146,406 | $93,704 | $52,702 |
| 2020 | $1,762 | $144,906 | $92,744 | $52,162 |
| 2019 | $1,742 | $142,066 | $90,926 | $51,140 |
| 2018 | $1,735 | $139,282 | $89,144 | $50,138 |
| 2017 | $1,702 | $136,552 | $87,397 | $49,155 |
| 2016 | $1,655 | $133,876 | $85,684 | $48,192 |
| 2015 | -- | $131,866 | $84,397 | $47,469 |
| 2014 | -- | $129,284 | $82,744 | $46,540 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Price Changed | $1,300,000 | -11.5% | $310 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $1,469,000 | -5.2% | $350 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $1,550,000 | -6.1% | $369 / Sq Ft |
| 05/07/2025 05/07/25 | Price Changed | $1,650,000 | -5.7% | $393 / Sq Ft |
| 03/31/2025 03/31/25 | Price Changed | $1,750,000 | -5.4% | $417 / Sq Ft |
| 03/16/2025 03/16/25 | For Sale | $1,850,000 | -- | $440 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Corporate Deed | -- | North American Title Co | |
| Individual Deed | -- | North American Title Co | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $113,800 | Unknown | |
| Previous Owner | $120,000 | Unknown |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 325022097
APN: 006-091-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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