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Three-Unit Victorian Multifamily Property
New
For Sale
$1,599,000

732 Petaluma Boulevard S, Petaluma, CA 94952

Historic two-building layout combines a duplex, remodeled cottage, garage storage, and private outdoor space.

Property Size2,656 SF
Lot Size0.27 Acres
Days on Market7

Property Features for 732 Petaluma Boulevard S

General Information

Standard status Active
Size 2,656 SF
Lot size 0.27 Acres
Property subtype Triplex
Zoning MU2

Units

Unit Mix 1 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 3

Additional Details

Road Access Yes

Building Details

Building Size 2,656 SF
Year Built 1926
Listing Agency: Corcoran Icon Properties
Listed By: Jackie M Cuneo
Source: Westgaterealestate
Added: Sep 18 Changed: Sep 23 Last Checked: Sep 24 at 5:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Icon Properties

Investment Insights

Based on property information with market context.

This three-unit multifamily property at 732 Petaluma Blvd S includes a two-story Victorian duplex and a separate remodeled cottage on a 0.27-acre parcel. The duplex contains one 1-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit, with high ceilings, original millwork, and period character. Both units are leased month-to-month.

The cottage includes 2 bedrooms and 1 bathroom, along with a renovated kitchen and bath, hardwood flooring, wood-paneled interiors, a gas fireplace, full-size washer and dryer, and a car charger. A 600-square-foot garage and storage building sits between the residences. The property also provides approximately 5,000 square feet of level open land, mature trees, and off-street driveway parking.

Located in West Petaluma, the property has a Walk Score of 91, a Bike Score of 54, and a Transit Score of 39. It is near downtown, the riverfront business area, parks, shops, restaurants, and the PBS corridor.

Key Highlights

  • Three‑unit property on a 0.27‑acre parcel in West Petaluma
  • Two‑story Victorian duplex with 1‑bedroom and 2‑bedroom units
  • Remodeled 2‑bedroom, 1‑bath cottage with full‑size washer and dryer

Property Analytics

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Current Use

1031 exchange properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pharmacy Butcher Bed & Breakfast Pet Store 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

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,825
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Multifamily property - Historic two-building layout combines a duplex, remodeled cottage, garage storage, and private outdoor space.
Where is this multifamily property located?
The property is located at 732 Petaluma Boulevard S Petaluma, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Three‑unit property on a 0.27‑acre parcel in West Petaluma; Two‑story Victorian duplex with 1‑bedroom and 2‑bedroom units; Remodeled 2‑bedroom, 1‑bath cottage with full‑size washer and dryer
More about this property
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