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703 B St
Petaluma, CA 94952
Parkhearst Estate · Multifamily Property For Sale
·
14 Units
Property Facts
| No. Units | 14 | Building Size | 9,360 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1906 |
| Building Class | C | Parking Ratio | 0.64/1,000 SF |
| Lot Size | 0.42 AC | ||
| Zoning | CITYPE - Surrounded by top-quality single-family neighborhood, only this parcel is zoned for 20 units due to grandfathered-in pre-existing status historically. | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 9,360 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1906 |
| Parking Ratio | 0.64/1,000 SF |
| Zoning | CITYPE - Surrounded by top-quality single-family neighborhood, only this parcel is zoned for 20 units due to grandfathered-in pre-existing status historically. |
Amenities
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Vaulted Ceiling
- Refrigerator
- Oven
- Views
- Skylights
Site Amenities
- Laundry Facilities
- Picnic Area
- Vintage Building
- Zen Garden
About 703 B ST , PETALUMA, CA 94952
Parkhearst Estate is situated on a .42 acre parcel with an official address of 703 B Street, Petaluma, CA, 94952. There are seven buildings, comprised of a Craftsman mansion converted to four units, a Victorian home converted to four units, a carriage house duplex, two Craftsman single family homes, and two cottages. In total, there are 14 residential units on the property, with a mix of three studios, eight one-bedrooms, and three two-bedroom units. Each unit is unique with respect to layout and features, and there are many vintage features such as built-in cabinetry, that make each of these units one-of-a-kind in the rental market. The buildings are situated on the grounds in such a way that there are multiple common areas with seating for tenants to enjoy, as well as a gardening area with spaces available for their private use. There are leased laundry machines for tenant convenience. Currently tenants are only allowed to park on the street. Ample, easy street parking exists because this historic residential neighborhood is comprised primarily of vintage single family homes. However there are two large driveways that could be converted to on-site parking. Tenants have individual accounts for garbage service, and pay their own PG&E. The owner pays water, sewer, and common PG&E expenses.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $1,673 | 345 - 581 |
| 1+1 | 8 | $1,840 | 400 - 830 |
| 2+1 | 3 | $2,415 | 761 - 1,601 |
Property Taxes
| Parcel Number | 008-172-010 | Improvements Assessment | $476,554 |
| Land Assessment | $169,057 | Total Assessment | $645,611 |
Property Taxes
