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Cottage-Style Apartment Community
For Sale
$5,390,000

703 B Street, Petaluma, CA 94952

Petaluma, CA

Property Size9,360 SF
Lot Size0.42 Acres
Price / SF$575.85
Days on Market55

Property Features for 703 B Street

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bedrooms 14
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 14, Bedroom 9, Bedroom 12, Bedroom 7, Bedroom 10, Bedroom 8, Bedroom 11, Bedroom 13, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 5
Standard status Active
Size 9,360 SF
Lot size 0.42 Acres

Amenities

landscaped common grounds

Building Details

Year built 1908
Listing Agency: Engel & Volkers San Francisco Union Street · Engel & Völkers
Listed By: Nicolo Giacomini
Added: Jun 30 Changed: Aug 20 Last Checked: Aug 23 at 11:06AM
MLS# 326056629

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property at 703 B Street includes 14 homes distributed among 7 buildings on a 0.42-acre corner parcel. The approximately 9,360-square-foot asset was built in 1908 and offers a unit mix of 3 studios, 8 one-bedroom/one-bath units, and 3 two-bedroom/one-bath units. The arrangement provides distinct residential buildings rather than a single conventional apartment block, with landscaped shared grounds between them.

The property is located in West Petaluma, a few blocks from downtown Petaluma and within walking distance of restaurants, boutiques, entertainment, and the riverfront. Highway 101 is readily accessible, supporting connections throughout the North Bay. The address is 703 B Street, Petaluma, CA 94952.

Key Highlights

  • 14 apartment homes across 7 separate buildings
  • Approximately 9,360 square feet on a 0.42‑acre corner parcel
  • Unit mix includes 3 studios, 8 1BR/1BA, and 3 2BR/1BA units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Butcher Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,407
Businesses Nearby

Demographics for 94952, CA

33,619
Population
14,794
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
92%
High-School Grad
198.5 sq mi
ZIP Area
169
Density / Sq Mi
$115,097
Median Household Income
$56,650
Median Earnings
$2,272
Median Rent
$1,016,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Separate residences and landscaped common grounds create a low-density community setting.
Where is this apartment building located?
The property is located at 703 B Street Petaluma, CA.
What is the asking price?
The asking price for this property is $5,390,000.
What are key features of this property?
This property features: 14 apartment homes across 7 separate buildings; Approximately 9,360 square feet on a 0.42‑acre corner parcel; Unit mix includes 3 studios, 8 1BR/1BA, and 3 2BR/1BA units
More about this property
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