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Jackie Cuneo

jackie@jackiecuneo.com +1(415) 948-5390

Listed by Jackie M Cuneo Corcoran Icon Properties

$ 1,599,000

Est. payment -/mo

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732 Petaluma BLVD S Petaluma, CA 94952

2,656 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,656 sqft

Price per Sqft $602

MLS Listing ID 326080317

Style Cottage,Edwardian,Traditional,Victorian,Vintage

HOA Y/N No

Year Built 1926

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Triplex

Property Description

3 units on .27 acre in West Petaluma, proforma rental income $94,000 per year, flexible MU2 zoning. Outstanding exchange opportunity with upside. A classic Petaluma 2-story Victorian duplex on the boulevard (both rented mo-to-mo), a newly remodeled vintage 2br/1ba cottage tucked away from the street (potential rental, weekend getaway or primary residence!), and a large area of undeveloped level land surrounded by mature trees. Behind the new redwood gate and fence, find a huge (approx 5000sf) private, level open space: plenty of room for garden, parking, outdoor social or dining areas, or additional units. The Victorian duplex at the front of the property includes 1br/1ba upstairs ($2000/mo) and 2br/1ba downstairs ($2540/mo), and retains many historic details and materials, high ceilings, and much original millwork. The upstairs unit captures views to the east of the Sonoma mountains and oak trees to the west, with lovely coved ceilings in the living room and bedroom. Between the 2 buildings, find a 600sf garage/storage building (one spot rented for $310/month), and plenty of room for off street driveway parking. The cottage-style home features wood paneled walls and ceilings, hardwood floors, and a cozy gas fireplace in the living room, with views of heritage oak trees from the kitchen and back bedroom. Newly remodeled kitchen and bath with subway tile, quartz counters, full sized W/D and car charger make this a comfortable and stylish place to land (market rent potential approx $3000/mo). Potential annual total rental income of $94,000 with room to garden, play, or explore building additional units. Flexible M2 zoning would accommodate future business use with valuable street frontage/signage opportunity. (buyer to verify intended use + development options). Restaurant? Retail? Wine tasting? Offices The quickly evolving PBS corridor is home to popular shops and restaurants including Table Culture Provisions, Metro Hotel, Mystic Theater, Walnut Park Farmer's Market, Theater Square, and the upcoming proposed EKN Hotel Project. Just blocks from historic downtown, Petaluma's riverfront businesses, and multiple parks, the location lends itself to a walkable, bikeable lifestyle in the heart of Petaluma's historic west side.

Location

State CA

County Sonoma

Area Petaluma West

Zoning MU2

Rooms

Basement None

Interior

Heating Fireplace(s), Floor Furnace, Gas, Wall Furnace

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Carpet, Tile, Vinyl, Wood, Other

Appliance Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater, Microwave, Varies By Unit

Laundry Washer/Dryer Hookups, Washer/Dryer Owned

Exterior

Exterior Feature Private Yard

Carport Spaces 2

Utilities Available Cable Available, City, Electricity Connected, Internet Available, Natural Gas Connected

Waterfront Description Public

View Garden/Greenbelt, Hills

Roof Type See Remarks

Accessibility None, See Remarks

Porch Uncovered Patio

Total Parking Spaces 5

Private Pool No

Building

Lot Description Irregular Lot

Foundation Concrete Perimeter, See Remarks

Sewer Public Sewer

Water Public

Architectural Style Cottage, Edwardian, Traditional, Victorian, Vintage

Others

Tax ID 008281047000

Security Features Double Strapped Water Heater,Smoke Detector(s),Varies By Unit,Video System

Special Listing Condition Standard

Bay Area Real Estate Info Services (BAREIS)

Jackie Cuneo

732 Petaluma BLVD S Petaluma, CA 94952

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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732 Petaluma BLVD S