LKV Realty
Logo
$5,390,000
$7,200Reward *
703 B Street, Petaluma, CA 94952Listing ID 326056629

703 B Street, Petaluma, CA 94952

Active
Petaluma West
Time on site: 43 daysLast updated: Jun 30, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Bedrooms
Bedrooms
14
Bathrooms
Bathrooms
4
Square Feet
Square Feet
9,360
Acres
Acres
0.42
Days on Site
Days on Site
42
Cooling
Cooling
None
Heating
Heating
None
Year Built
Year Built
1908
Stories
Stories
2
Parking
Parking
Off Street

Seller is offering financing at 70% LTV T 4.5% FOR 3 Years. 703 B Street offers a truly one-of-a-kind opportunity to acquire a character-rich, income-producing multifamily asset in the heart of West Petaluma, where properties of this scale, design, and setting rarely come to market. Situated on a prominent 0.42-acre corner parcel just a few blocks from downtown Petaluma, the property comprises 14 apartment homes thoughtfully arranged across 7 separate buildings, creating a low-density, cottage-style community that is nearly impossible to replicate under today's development standards. Encompassing approximately 9,360 square feet, the property features a diversified unit mix of (3) studios, (8) 1BR/1BA, and (3) 2BR/1BA units, providing broad tenant appeal and stable rental income. Mature landscaped common grounds further enhance the property's residential charm, creating an inviting outdoor environment and a true sense of community. Unlike conventional apartment complexes, the7-building layout offers exceptional privacy, generous separation between residences, and a neighborhood feel that continues to drive strong tenant demand and long-term occupancy. Just a short walk from downtown Petaluma's acclaimed restaurants, boutiques, entertainment, and riverfront, the property also enjoys convenient access to Highway 101 and major employment centers throughout the North Bay. Combined with West Petaluma's limited housing supply and significant barriers to new development, 703 B Street represents a rare opportunity to own an irreplaceable multifamily asset with enduring investment appeal.

Property Information

Property Details

Location

Address
703 B Street
County
Sonoma
City
Petaluma
Zip Code
94952
Subdivision
Petaluma West
MLS Area
Petaluma West

Interior Features

Beds and Baths

Bedrooms
14
Full Bathrooms
4

Building

Building Information

Square Feet
9,360
Year Built
1908
Stories
2
Condition
Original

Financial

Special Conditions
Standard
Engel & Voelkers San Francisco, (415) 689-8592

Market Report for 94952

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: San Francisco Association of REALTORS®
San Francisco Association of REALTORS® logo

Based on information submitted to the MLS GRID as of 12 Aug 2026, 08:38 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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