Price Reduction
Address
109 Ellis St Petaluma, CA
Price
$ 1,195,000
Property Attributes
  • MLS#321051422
  • TypeMulti-Family
  • CountySONOMA
  • CityPetaluma
  • AreaPetaluma West
  • Zip94952
  • StyleBungalow,Farmhouse,Spanish
  • Price$ 1,195,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.7 Acres
Listing Provided Courtesy Of:
David T Sanford with Newport Apartment Group - 949-306-9508
Data Source:
Bay Area Real Estate Info Services (BAREIS) - 159 - CA
Property Description

Major Price Reduction! Contractors and Developers! Tear-down 4 units on HUGE 30,000 sq. ft. lot!! This property needs either a full rehab, or it is Fully Entitled with the City of Petaluma for a high-end and rare 13-unit apartment development. Presently the property has a house which is ready to rehab, a 2bd/1b separate cottage, a 1bd/1ba and studio, located within walking distance of the new SMART line and super close proximity to the trending historic downtown area, shopping, restaurants, schools and other amenities. The development opportunity includes 12 two-bedroom two-bath townhome style units with an upstairs loft, and one studio low-income unit. Enclosed garages, open parking, courtyards, private balconies, open space, a workout room, a pool and BBQ area and expectation of high rent demand for a scarce product oriented toward a younger affluent tenant base. Collect income while preparing a great developer's project in a high-demand, culturally growing cit

Price History
6/18/2021 Listed $1,360,000
11/12/2021 13% - $1,195,000

General Features

Architectural Style Bungalow, Farmhouse, Spanish
Association Y/N No
Auction No
Availability Date 1800-01-01T00:00:00
Cooling None
Heating Fireplace(s), Floor Furnace, Gas
Lot Size Square Feet 30695
MLS Area Petaluma West
Open Parking Spaces 10
Property SubType Quadruplex
Property Type Residential Income
Sewer Public Sewer
Status Active
Subtype Description Apartments
Total Units 4

Interior Features

Laundry Features Washer/Dryer Hookups
Unit 1 Bedroom Units Total 1
Unit 1 Bedrooms 2
Unit 1 Description na
Unit 1 Full Baths 1
Unit 2 Bedroom Units Total 2
Unit 2 Bedrooms 2
Unit 2 Description na
Unit 2 Full Baths 1
Unit 2 Sqft Source Not Measured
Unit 3 Bedrooms 1
Unit 3 Description na
Unit 3 Full Baths 1
Unit 4 Full Baths 1
Unittypestudiounitstotal 1

Exterior Features

Lot Features Sidewalk
Lot Size Acres 0.7047
Lot Size Source Architect
Lot Size Units SqFt
Number of Buildings 3
Parking Features Open
Water Source Public

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94952

Price
AVG $1.78M
$1.2M
Visits
AVG 73
91
Year Built
AVG 1923
1932
Walkscore
AVG 89
80
Data Provided by Walkscore ® not using MLS data

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