This Multifamily Property is no longer advertised on LoopNet.com.

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

Investment Highlights

  • Seller Financing Available at 5.00% for 4 years up to 71% LTV
  • 7 Buildings including 4-Plex Victorian
  • Cap Rate at 5.0%
  • 9,360 SF of Living space across 14 units
  • Desirable Garden style and Victorian architecture
  • Strong investment potential in thriving market

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

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 $1,955 345 - 581
1+1 8 $2,175 424 - 830
2+1 3 $2,875 761 - 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: 32002734

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 707 B St, Petaluma, CA 94952

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