888 Petaluma Blvd S, Petaluma, CA 94952

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Sold Price
$1,361,445
List Price
$1,350,000
Status
CLOSED
MLS#
326026608
Closing Date
May 21, 2026
Year Built
1955
Property Type
Duplex
Living Area
2,597
Lot Size
4,792
Acres
0.11
County
Sonoma
Region
Petaluma West

Property Description

West Petaluma Income Powerhouse. Turnkey 4-Unit Investment. Exceptional opportunity at 888 Petaluma Blvd Southan income-generating 4-unit property delivering over $134,000 in annual revenue at a 6+ CAP rate. Partially leased and well maintained, this turnkey asset offers immediate cash flow and long-term upside in one of West Petaluma's most desirable locations. The front main house was fully renovated in 2016 with updated electrical and plumbing, offering flexibility for an owner-user to live in the primary residence while benefiting from income generated by the rear units. Recent improvements include a newer roof, gutters, and fresh exterior paint, ensuring pride of ownership and low maintenance for years to come. The property features a versatile unit mix of two-bedroom/one-bath and one-bedroom/one-bath configurations, appealing to a broad tenant base and supporting strong occupancy. Each unit has been thoughtfully cared for, creating a seamless, hassle-free investment experience. Ideally situated near downtown Petaluma, shopping, dining, and key commuter routes, this prime location enhances tenant demand and long-term value. Whether you're a seasoned investor or looking to step into income property ownership, this rare offering combines stability, flexibility, and strong returns in a premier setting. Seize the opportunity to secure consistent cash flow and future appreciation in the heart of West Petaluma. Close to Freeway access, Downtown Restaurants & Shopping and Petaluma River Park.

Additional Information

Style
Bungalow, Craftsman
Carport Spaces
2
Basement
Storage Space, Unfinished
Floors
Simulated Wood
Foundation
Concrete Perimeter
Heating
Other
Cooling
None
Lot Description
Corner Lot, Sidewalks
Possession
Close Of Escrow
Roof
Composition, Shingle

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Calculator source: Real Geeks

Listing courtesy of Timo Rivetti from Navigate Real Estate

Sold listing courtesy of Jillann Brunson from eXp Realty of Northern California, Inc

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