715 Western Avenue

Petaluma, CA, 94952

$1,630,000

$454 per ft²
$1,630,000
$454 per ft²
Sold
Sold
carpenters-square
3,585 ft²
property_type
Residential
calendar
Built 1927
715 Western consists of three very attractive, detached rental homes that have been significantly improved. The main home is a gorgeous 3-bedroom, 2.5-bathroom house, originally constructed in 1927, that has been thoughtfully upgraded, maintaining numerous period details. There is also a charming 2-bedroom, 1-bathroom house, and a cute 1-bedroom, 1-bathroom cottage. More than half of the massive lot (.44 acres) is undeveloped and offers tremendous upside to the creative investor who may wish to explore the potential for ADU's. The property's location, just a short walk to downtown Petaluma, is in strong demand from renters and prospective homeowners. As a result, 715 Western attracts excellent tenants and will likely always be fully occupied at top-of-the-market rents. This is an excellent opportunity for an investor or an owner-occupant to acquire an exceptional property that should provide immediate cash flow with long-term appreciation and potentially significant development upside.
MLS® ID:
322028970
Updated:
5/27/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
See Remarks
Fireplace
Decorative Only, Living Room
Cooling
See Remarks
Heating
See Remarks

Exterior/Building Features

Lot Size
0.45 acres lot
Exterior Features
See Remarks
Lot Details
See Remarks
Sewer
Public Sewer

Other Property Details

Area Name
Petaluma West
Attached Garage
No
Parking
See Remarks
Parking Total
6.0
View
N
County
Sonoma
Utilities
Public
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
5/25/22
Sold
-
-
5/25/22
Price Change
$1,630,000
-2%
4/27/22
Active Under Contract
-
-
4/23/22
Price Change
$1,674,999
0%

Bought with Kerry Berry, Eleven Real Estate and Listed by John Garrett, Marcus & Millichap

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