$1,361,445
$1,350,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
888 Petaluma BLVD S Petaluma, CA 94952
2,597 SqFt
Key Details
Sold Price $1,361,445
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,597 sqft
Price per Sqft $524
MLS Listing ID 326026608
Sold Date 05/21/26
Style Bungalow,Craftsman
HOA Y/N No
Year Built 1955
Lot Size 4,792 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
West Petaluma Income Powerhouse. Turnkey 4-Unit Investment. Exceptional opportunity at 888 Petaluma Blvd Southan income-generating 4-unit property delivering over $134,000 in annual revenue at a 6+ CAP rate. Partially leased and well maintained, this turnkey asset offers immediate cash flow and long-term upside in one of West Petaluma's most desirable locations. The front main house was fully renovated in 2016 with updated electrical and plumbing, offering flexibility for an owner-user to live in the primary residence while benefiting from income generated by the rear units. Recent improvements include a newer roof, gutters, and fresh exterior paint, ensuring pride of ownership and low maintenance for years to come. The property features a versatile unit mix of two-bedroom/one-bath and one-bedroom/one-bath configurations, appealing to a broad tenant base and supporting strong occupancy. Each unit has been thoughtfully cared for, creating a seamless, hassle-free investment experience. Ideally situated near downtown Petaluma, shopping, dining, and key commuter routes, this prime location enhances tenant demand and long-term value. Whether you're a seasoned investor or looking to step into income property ownership, this rare offering combines stability, flexibility, and strong returns in a premier setting. Seize the opportunity to secure consistent cash flow and future appreciation in the heart of West Petaluma. Close to Freeway access, Downtown Restaurants & Shopping and Petaluma River Park.
Location
State CA
County Sonoma
Area Petaluma West
Rooms
Basement Storage Space, Unfinished
Interior
Heating Other
Cooling None
Flooring Simulated Wood
Laundry Common Area, Washer/Dryer Owned
Exterior
Exterior Feature Private Yard
Carport Spaces 2
Waterfront Description Public
Roof Type Composition,Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, Sidewalk
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Craftsman
Others
Tax ID 008313028000
Financing Conventional
Special Listing Condition Offer As Is
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