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703 B St
Petaluma, CA 94952
Parkhearst Estate · Multifamily Property For Sale · 14 Units

Property Facts

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 parcel so that there is both common garden area for tenants to enjoy, as well as semi-private garden areas for several of the units. There are leased laundry machines for tenant convenience. Currently, tenants are only allowed to park on the street, however, there are two large driveways that could be converted to on-site parking. Ample, easy street parking is available in this historic residential neighborhood comprised primarily of million dollar vintage single family homes. 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 - 345 - 581
1+1 8 - 400 - 830
2+1 3 - 761 - 1,601

Property Taxes

Property Taxes

Parcel Number
008-172-010
Land Assessment
$169,057
Improvements Assessment
$476,554
Total Assessment
$645,611
  • Listing ID: 16439973

  • Date on Market: 6/25/2019

  • Last Updated:

  • Address: 703 B St, Petaluma, CA 94952

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