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Rebecca Brooks

rebeccabrooks@epique.me +1(415) 717-8398

Listed by Nicolo Giacomini Engel & Voelkers San Francisco

$5,390,000

Est. payment - /mo

14 Beds

4 Baths

9,360 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,360 sqft

Price per Sqft $575

MLS Listing ID 326056629

Bedrooms 14

Full Baths 4

HOA Y/N No

Year Built 1908

Lot Size 0.423 Acres

Acres 0.4231

Property Sub-Type Multi Family

Property Description

Seller is offering financing at 70% LTV T 4.5% FOR 3 Years. 703 B Street offers a truly one-of-a-kind opportunity to acquire a character-rich, income-producing multifamily asset in the heart of West Petaluma, where properties of this scale, design, and setting rarely come to market. Situated on a prominent 0.42-acre corner parcel just a few blocks from downtown Petaluma, the property comprises 14 apartment homes thoughtfully arranged across 7 separate buildings, creating a low-density, cottage-style community that is nearly impossible to replicate under today's development standards. Encompassing approximately 9,360 square feet, the property features a diversified unit mix of (3) studios, (8) 1BR/1BA, and (3) 2BR/1BA units, providing broad tenant appeal and stable rental income. Mature landscaped common grounds further enhance the property's residential charm, creating an inviting outdoor environment and a true sense of community. Unlike conventional apartment complexes, the7-building layout offers exceptional privacy, generous separation between residences, and a neighborhood feel that continues to drive strong tenant demand and long-term occupancy. Just a short walk from downtown Petaluma's acclaimed restaurants, boutiques, entertainment, and riverfront, the property also enjoys convenient access to Highway 101 and major employment centers throughout the North Bay. Combined with West Petaluma's limited housing supply and significant barriers to new development, 703 B Street represents a rare opportunity to own an irreplaceable multifamily asset with enduring investment appeal.

Location

State CA

County Sonoma

Area Petaluma West

Rooms

Basement None

Interior

Heating None

Cooling None

Fireplace No

Laundry Common Area, Coin Operated

Exterior

Exterior Feature Yard Space

Handicap Access Varies By Unit

Total Parking Spaces 6

Building

Lot Description Landscape Front, Landscaped, Garden

Story 2

Sewer Public Sewer

Water Meter on Site

Level or Stories Two

New Construction No

Others

Tax ID 008172010000

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Rebecca Brooks

+1(415) 717-8398

Broker Associate/Area Leader/Ambassador | License ID: 1249870

Broker Associate/Area Leader/Ambassador License ID: 1249870

703 B ST Petaluma, CA 94952

Rebecca Brooks

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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703 B ST