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Property profile & analytics
OFF-MARKET
Apartment buildings

210 Keller St Petaluma, CA 94952-2885

428 SF 0.21 ac lot Built 1935
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1409835
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of eight charming, detached one-bedroom cottages located at 210 Keller Street in the highly desirable Historic Petaluma, California. Boasting a total of 8,903 square feet across the eight buildings, this property offers a compelling price per square foot of $280.80. Each cottage features approximately 450 square feet of living space, complete with original knotty pine walls and gas stoves. Adding to their appeal, each unit benefits from separate Pacific Gas and Electric (PGE) meters. The property sits on a 0.2-acre lot and includes off-street parking for five of the cottages. Built in 1939, this property is ideally situated within walking distance of Petaluma's vibrant downtown core, providing easy access to a diverse array of amenities including renowned restaurants, breweries, wineries, pubs, a theatre, the marina, and various entertainment options. The asking price for this remarkable multifamily investment is $2,500,000. With its prime location and charming character, this property represents a rare opportunity to acquire a well-established income-generating asset in one of California's most desirable towns. The property features seven total parking spaces. This is a turnkey investment ready for a new owner.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1935
Construction WOOD
Total area 428 SF
Lot 0.21 ac (9,000 SF)
APN 006-275-011-000
UPID US09-1409835
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
210 Keller Street LP · 5 yrs held
210 Keller Street LP
since 2020
7 recorded transactions
2023
Price N/A
2022
Price N/A
2020
Price N/A
2017
Price N/A
2017
$1.6M
2017
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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