Subject property a six-unit Multifamily property in the heart of Petaluma, California. The property consists of six, fully remodeled two-bedroom 1.5-bath, town-house-style units with 8 newly paved parking spaces (one per unit, plus two additional rentable spaces). The building and units have been extensively updated. Unit renovations include new flooring, trims and two-tone paint and blinds throughout, new stainless-steel appliances and countertops in the kitchen, new electrical finishes and lighting throughout and new bathrooms. Additionally, the property offers coin-laundry and storage units on-site for additional annual income as well as the potential to add in-unit laundry to further increase property cash flow. The property is conveniently located just a short distance from public transportation as well as the new SMART Rail and many downtown West-Side amenities. Petaluma boasts little to no vacancy and a growing tenant profile due to proximity to multiple freeways, local schools, Santa Rosa Universities, and High-way 37, is considered a major hub for employment. The property is ideal for local families with many neighboring parks and several schools.
Property Details
Property Features
Property Information:
Year Built: 1965
Living Area: 5,940 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700, 0
Listing Agent: Erich M Reichenbach
Exterior Features
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot: Private
Lot Size: 0.21 Acres
Utilities
Utilities Information:
Heating: Central, Other
Cooling: Other
Other
Directions Information:
Directions: E. Washington Street to Keller Street
Price Information
Listing Price Info
Price Summary:
List Price: $3,075,000
Price Per SqFt: $518/SqFt
Tax Information:
Annual Amount: $21,796
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Petaluma, CA.
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Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 30, 2019
Sep 30, 2019Home Sold
$1,955,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,796
$1,977,893
2020
$21,982
$1,957,400
2019
$6,478
$562,508
2018
$6,479
$551,526
2017
$6,348
$540,999
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Valley Vista Elementary School
730 N Webster St
Distance between this listing and this school0.66 miles
Public District Grades KG-6
5
/10
McKinley Elementary School
110 Ellis St
Distance between this listing and this school0.73 miles
Public Magnet Grades KG-6
6
/10
McNear Elementary School
605 Sunnyslope Ave
Distance between this listing and this school1.17 miles
Public District Grades KG-6
Nearby Schools
7
/10
Mary Collins Charter School At Cherry Valley
1001 Cherry St
Distance between this listing and this school0.66 miles
Public Charter Grades KG-8
7
/10
Live Oak Charter
100 Gnoss Concourse Bldg 1
Distance between this listing and this school0.82 miles
Public Charter Grades KG-8
5
/10
Petaluma Junior High School
700 Bantam Way
Distance between this listing and this school0.83 miles
Public District Grades 7-8
Nearby Schools
6
/10
Carpe Diem High (Continuation)
199 Fair St
Distance between this listing and this school0.76 miles
Public District Grades 9-12
8
/10
Petaluma High School
201 Fair St
Distance between this listing and this school0.77 miles
Public District Grades 9-12
2
/10
San Antonio High (Continuation)
500 Vallejo St
Distance between this listing and this school0.89 miles
The neighbors living near this home have an average income of $48,750. The majority of Petaluma, CA residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 408 Keller St in Petaluma, CA and zip code 94952. This 5,940 square foot home, which was built in 1965, sits on a 0.21 acre lot. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $3,075,000.
Petaluma, CA housing market in August 2024 saw over 24 listings sold above listed price, more than 9 sold at listed price and over 17 sold below. The number of listings in Petaluma, CA decreased by 8.3% between July 2024 and August 2024. In August 2024, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $926,166.
From Rocket Homes Real Estate and based on county public records data.
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