210 Keller St Petaluma, CA 94952-2885
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.