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408 Keller Street, Petaluma, CA 94952
--
bed
--
bath
5940
ft2
· 9148
ft2 lot
$2,995,000
$504 / ft2
Listing provided courtesy of Erich Reichenbach, Marcus & Millichap.
Source BAREIS.
Property consists of 6, fully remodeled 2-bdr 1.5-bath, town-house-style units with 8 newly paved parking spaces (one per unit, plus two additional rentable spaces) located in the heart of Petaluma The building and units have been extensively updated. Unit renovations include new flooring, trims and 2-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. Property is conveniently located close to public transportation as well as the new SMART Rail and many downtown West-Side amenities. The property is ideal for local families with many neighboring parks and several schools nearby. This investment opportunity offers a great unit-mix, ideal location and significant appreciation potential.
HOA
$—/month
On market
6 months
Year built
1965
Property type
Residential Income
Parking
MLS
22026360
Price / Sq.Ft.
$504 / ft2
Status
Active
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Based on a price of $2,995,000
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Appliances: Coin Operated
Heating & Cooling
•   
Heating Details: Central
Flooring
•   
Flooring: Carpet, Simulated Wood
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Features: Off Street
•   
Open Parking Spaces: 8
Property Features
•   
View: Hills, Mountains, Pasture
Community Info
•   
Number Buildings: 1
•   
Total Units: 6
Lot Info
•   
Lot Size Source: Assessor Auto-Fill
•   
Lot Description: Central BBQ, Garden, Landscape Back
•   
Lot Size Acres: 0.2100
•   
Lot Size Units: Acres
Property Type
•   
Mls Prop Type: Residential Income
Building Info
•   
Sqft Source: Assessor Auto-Fill
•   
Foundation: Concrete
•   
Roof: Tar/Gravel
•   
Year Built Source: Assessor Auto-Fill
Utilities & Other Information
Other
•   
Misc.: Play Area, Yard Space
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Utilities
•   
Separate Meters: Electricity, Gas
•   
Utilities: Cable Available, City, Natural Gas Connected, PG&E
Listing Details, Costs & Financing Information
Terms
•   
Possession: Close Of Escrow
Listing Info
•   
Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Copyright © 2021 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2021 Rapattoni Corporation. All rights reserved.
•   
On Market Date: 2020-10-28
•   
Status: Active
•   
Special Listing Conditions: Offer As Is
•   
Mls Status: Active
Rent
•   
2 Bedroom Rent Range: 2595
Financial Info
•   
Gross Rent Multiplier: 16.03
•   
Cap Rate: 4.69
•   
Gross Scheduled Income: 186840
Tax/Assessment Info
•   
Tax Year: 2020
•   
County Transfer Tax Rate: 0.00
•   
City Transfer Tax Rate: 0.00
•   
Taxes: 21982.0
Multi Unit Information
General Info
•   
No. Of 2 Bedrooms Occupied: 6
•   
No. Of 2 Bedrooms Units: 6
•   
2 Bedroom Annual Occupancy: 100
School Neighborhood & Directions
Location
•   
Cross Street: Oak St
•   
Area: Petaluma West, B1000
•   
Zip Code +4: 2861
School Info
•   
Directions: Hwy 101, E Washington, Keller Street
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 21, 2021 4:44am
Neighborhood snapshot
39
Properties for sale
38
Median days on market
$535.94
Median sold price/sqft
101.32%
Sold/List %
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Property History
02/28/2021
02/28/2021
BAREIS #22026360
cancelled
BAREIS #22026360
$2,995,000
10/28/2020
10/28/2020
BAREIS #22026360
active
BAREIS #22026360
$2,995,000
+53.20%
09/29/2019
09/29/2019
Public Record
sold
Public Record
$1,955,000
--6.90%
09/27/2019
09/27/2019
BAREIS #21916189
sold
BAREIS #21916189
$2,100,000
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