About This Home

This 14-bedroom, 4-bathroom townhouse at 703 B Street in Petaluma, CA is listed for $5,390,000 ($576 per sqft). Built in 1908, the home offers 9,360 sqft of living space on a N/A lot.

Key Features

  • Built in 1908

Property Details

4 full
1908
Listing Description

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.

Monthly Cost Estimate

$28,827/mo

20% down · 6.5% · 30 years

Principal$3,898
Interest$23,357
Insurance$1,572

Estimates only. Actual payments may vary.

Location

703 B Street

Petaluma, CA 94952

Questions & Answers

This 14-bedroom, 4-bathroom townhouse at 703 B Street is listed at $5,390,000 ($576/sqft). The estimated monthly payment is $28,827 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1908.

This property is listed by Nicolo Giacomini.

NG

Nicolo Giacomini

Agent at Engel & Volkers San Francisco Union Street

Listed by Engel & Volkers San Francisco Union Street · Broker phone: 4156898592 · Broker website

MLS# 326056629· Source: Engel & Völkers· 6 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

703 B Street, Petaluma, CA 94952

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