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14 Beds
4 Baths
9,360 sqft

$5,390,000

703 B Street, Petaluma CA, 94952

Price per sqft$575.85
Built in1908
Property size9,360 sqft
Property typeMulti-family

Overview

Active

Listed Jun 30, 2026

Updated Jul 1

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.

$35,860/mo

Est. mortgage payment based on a $5,390,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
326056629

Interior Features

Bedrooms
14
Bathrooms
4
Basement
No

Exterior Features

Lot Size
0.42 Acres
MLS provider logo

Listed by Nicolo Giacomini with Engel & Voelkers San Francisco

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 7/1/2026.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bonnie Spindler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 2:45 AM UTC, 7/1/2026

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