703 B Street, Petaluma, CA 94952
Local realty services provided by:CENTURY 21 Masters
703 B Street,Petaluma, CA 94952
$5,390,000
- 14 Beds
- 4 Baths
- 9,360 sq. ft.
- Multi-family
- Active
Listed by: nicolo giacomini
Office: engel & voelkers san francisco
MLS#:326056629
Source:CABCREIS
Price summary
- Price:$5,390,000
- Price per sq. ft.:$575.85
About this home
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....
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Home facts
- Year built:1908
- Listing ID #:326056629
- Added:90 day(s) ago
- Updated:September 29, 2026 at 03:01 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:17
- Living area:9,360 sq. ft.
Structure and exterior
- Year built:1908
- Building area:9,360 sq. ft.
- Lot area:0.42 Acres
- Lot Features:Garden, Landscape Front, Landscaped
- Exterior Features:Deck, Yard Space
- Levels:2 Story
Utilities
- Water:Meter on Site
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,390,000
- Price per sq. ft.:$575.85
Features and amenities
- Laundry features:Coin Operated Laundry, Common Area
Parking
- Total parking spaces:6
- Parking description:Off Street
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