888 Petaluma S. OM - DER

INCOME PROPERTY FOR SALE

Prime Investment Property in West Petaluma

888 Petaluma Blvd S. Petaluma, CA 94952

Type: 4 Units Tax ID: 002-133-023 CAP RATE 5.9%

OFFERED AT $1,500,000

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

888 Petaluma Blvd South

- THREE 2 Bed/1 Bath - ONE 1 Bed/1 Bath

RE/MAX MARKETPLACE IS PROUD TO PRESENT Turn-key units in a prime downtown location. The property is comprised of 3 two-bedroom/onebathroom units and a one-bedroom/one-bathroom flat. Two of the fully renovated units are located in a craftsman-style home and feature sizable yards,

Buyer to verify legality of units and check with city regarding intended uses

spacious rooms, built-in cabinetry, upgraded floors, updated plumbing and electrical, stylish light fixtures, updated kitchen cabinetry, newer appliances, as well as renovated bathrooms.

These units could easily be converted back to a single-family residence to accommodate owner/occupants. Additionally, there is a large subarea currently used for storage and laundry, which may provide the potential for added living space.

Situated behind the 2-car detached garage, there is a 2 bedroom, 1 bathroom flat, and a one-bedroom, one bathroom flat. The large corner lot and the MU2 zoning allow the flexibility of additional uses.

The property has a brand new roof, a new paint and is ready to go!

Near market rents, which provide attractive and steady income, as well as upside potential..

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

LOCATION

LOCATION SMART TRAIN 4 Mins

PETALUMA GOLF & COUNTRY CLUB 4 Mins HWY 101 2 Mins

DOWNTOWN PETALUMA 1 Mins

Close to the Downtown SMART TRAIN, restaurants, bars, parks, Petaluma Golf and Country club, and schools. Easy access to Hwy 101 and everything that Sonoma County has to offer. These properties are cash cows with the current use or let your mind travel for unlimited possibilities in one of the North Bay’s most sought-after location.

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

EXTERIOR PICTURES

888 PETALUMA BLVD SOUTH

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

INTERIOR PICTURES

888 PETALUMA BLVD SOUTH

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

INTERIOR PICTURES

888 PETALUMA BLVD SOUTH

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

INTERIOR PICTURES

888 PETALUMA BLVD SOUTH

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

INTERIOR PICTURES

888 PETALUMA BLVD SOUTH

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

EXTERIOR PICTURES

888 PETALUMA BLVD SOUTH

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

INCOME AND EXPENSE PROPERTY REPORT

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

COUNTY ASSESSOR'S PARCEL MAP 888 PETALUMA BLVD SOUTH

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

TAX ROLL 888 PETALUMA BLVD SOUTH

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

TAX ROLL 888 PETALUMA BLVD SOUTH

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

LIVING IN PETALUMA

LIFESTYLE Petaluma combines country with city, quirky with conventional. Its cosmopolitan city center is the ideal place to celebrate arts, music, shopping and of course local food and beverages. People here like to spend time connecting with nature on nearby trails, bike paths, and waterways leading to northern California’s most aweinspiring views. This well-balanced lifestyle is why Petaluma is the best place to be for Millennials.

TOWERING THE BAY AREA Petaluma is located near two of the country’s leading metropolitan areas – the San Francisco Bay Area and the Sacramento Valley. As a result, you and your family will have numerous options when it comes to landing a job, pursuing a degree, or staying on the cutting edge of industry.

PERSONAL GROWTH Petaluma’s healthy economy is fueled by businesses in many different industry sectors as well as nonprofits and public agencies. That means you’ll find opportunities to achieve growth according to your own values, no matter where you’re at in your own journey.

GLOBAL IMPACT Petaluma is well-known for its local loyalties and philanthropic efforts. In recent years, several international brands have set up satellite offices here or acquired companies started in the Petaluma area. Here, you have the opportunity to make a difference from your own backyard while staying connected to the innovations and economies of the world.

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

David & Erika Rendino INCOME PROPERTY SPECIALISTS DRE#01252035 | 01465104

DIRECT: 707.696.3742 ESPAÑOL: 707.318.1851 EMAIL: DRENDINO@MAC.COM

SonomaCountyIncomePropertyReport.com

Each office independently owned and operated. The information contained herein has been obtained through sources deemed reliable by RE/MAX Marketplace, but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.