$1,995,000

Estimated payment $12,455/month

Total Views 16,650
8 Beds
10 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Energy-Efficient Appliances
  • McKinley Elementary School Rated A-
  • Storage
  • Landscaped

About This Home

Here's the investment opportunity you've been looking for! Location and cash flow describe this attractive 4 unit building located on Petaluma's charming west side. Blocks from downtown, this sought after location will attract long term tenants for years to come. Property includes 4 remodeled 2 bedroom, 1 bath units totaling approximately 2800sf +/- with quality engineered flooring, stainless steel appliances, quartz counters, thermal pane windows, gas ranges, heating and more. There is an onsite laundry room with commercial washers and dryers (owned) as well as a large rear yard with a covered pergola social area. Additionally, there is a detached garage with two single car spaces with additional storage.

Listing Agent

Paul Fehrman

Century 21 Epic License #01065819

Co-Listing Agent

Lynn Fehrman

Century 21 Epic License #01969747

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,109

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 8,625 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Concrete Foundation
  • Tar and Gravel Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Vinyl Flooring
  • Free-Standing Gas Range

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Wall Furnace
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Individual Gas Meter
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Playground

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $118,020

Listing and Financial Details

  • Assessor Parcel Number 006-091-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,109

Year Built

Built in 1968 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Interior Amenities: Storage Area(s)
  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Petaluma Boulevard to Kent Street, right on Kentucky.
  • Lot Size Acres: 0.1980
  • Levels: Two
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Accessibility Features: None
  • Flooring: Vinyl
  • NumberOfBuildings: 1

Exterior Features

  • Construction Materials: Stucco, Other
  • Foundation: Concrete Perimeter
  • Lot Features: Curbs/Gutters, Landscape Back, Landscape Front, Sidewalk
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Flat, Tar/Gravel
  • ExteriorFeatures: Fenced Yard, Play Area, Yard Space
  • Patio And Porch Features: Balcony/Deck, Varies By Unit

Garage/Parking

  • Parking Features: Detached, Garage, Off Street, Street
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, City, DSL Available, Internet Available, Natural Gas Connected
  • Water Source: Public
  • Heating: Natural Gas, Wall Furnace
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 006-091-006-000
  • Lot Size Sq Ft: 8625.00

Green Features

  • Energy Efficient: Appliances

Rental Info

  • TenantPays: Cable TV, Electricity, Gas, Rent Only

Building Info

  • Year Built: 1968

Multi Family

  • Two Bedroom Annual Occupancy: 95
  • Two Bedroom Rent Range: 2445 - 2595
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 4
  • NumberOfUnitsTotal: 4

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

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
2023 $16,109 $1,449,572 $579,724 $869,848
2022 $15,697 $1,421,150 $568,357 $852,793
2021 $15,400 $1,393,285 $557,213 $836,072
2020 $15,533 $1,379,000 $551,500 $827,500
2019 $1,619 $127,929 $26,573 $101,356
2018 $1,614 $125,421 $26,052 $99,369
2017 $1,583 $122,963 $25,542 $97,421
2016 $1,540 $120,553 $25,042 $95,511
2015 $1,521 $118,743 $24,666 $94,077
2014 $1,514 $116,418 $24,183 $92,235
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $1,995,000 -4.8% --
03/03/2025 03/03/25 For Sale $2,095,000 0.0% --
02/28/2025 02/28/25 Off Market $2,095,000 -- --
02/25/2025 02/25/25 Price Changed $2,095,000 -4.6% --
10/24/2024 10/24/24 For Sale $2,195,000 +59.2% --
10/15/2019 10/15/19 Sold $1,379,000 0.0% $420 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $1,379,000 -- $420 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Deed History

Date Type Sale Price Title Company
Grant Deed -- First American Title
Deed -- First American Title
Grant Deed -- Streett John R
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $1,379,000 Old Republic Title Company
Interfamily Deed Transfer -- Nortwestern Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $755,000 New Conventional
Previous Owner $750,000 Commercial
Source: Public Records

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324082902

Bay Area Real Estate Information Services (BAREIS)

APN: 006-091-006