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  • $1,361,445

    888 Petaluma Boulevard S, Petaluma, CA 94952

    7beds
    --sqft
    Duplex
    Built in 1955
    -- sqft lot
    $1,359,900 Zestimate®
    $--/sqft
    $2,813 Estimated rent

    Home value

    $1,359,900

    $1.22M - $1.51M

    $2,813/mo

    Zestimate® history
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    $8,699/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Timo Rivetti DRE #01240796 707-477-8396,

    Navigate Real Estate 707-580-3499

    Bought with:

    Jillann Brunson, DRE #02156332

    eXp Realty of Northern Califor

    Source: BAREIS,MLS#: 326026608MLS LogoOriginating MLS: Sonoma

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Other
    Cooling
    • None
    Appliances
    • Included: Washer/Dryer
    • Laundry: Common Area
    Features
    • Unit 1 - Beds: 1, Baths: 1, Square Footage: 2597 | Unit 2 - Beds: 0, Baths: 0, Square Footage: 2597 | Unit 3 - Beds: 9, Baths: 3, Square Footage: 2597 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 2597
    • Flooring: Simulated Wood
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Covered, Uncovered
    • Carport spaces: 2
    • Uncovered spaces: 2
    Features
    • Fencing: Fenced
    Lot
    • Size: 4,791 Square Feet
    • Features: Corner Lot, Sidewalk
    Details
    • Parcel number: 008313028000
    • Special conditions: Offer As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow,Craftsman
    • Property subtype: Duplex
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition,Shingle
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Petaluma

    Financial & listing details

    • Tax assessed value: $786,524
    • Annual tax amount: $9,163
    • Date on market: 4/6/2026

    Price history

    DateEventPrice
    7/7/2026Listing removed$2,850
    Source: Zillow Rentals Report a problem
    5/31/2026Price change$2,850-3.4%
    Source: Zillow Rentals Report a problem
    5/24/2026Listed for rent$2,950+9.3%
    Source: Zillow Rentals Report a problem
    5/21/2026Sold$1,361,445+0.8%
    Source: BAREIS #326026608 Report a problem
    5/1/2026Pending sale$1,350,000
    Source: BAREIS #326026608 Report a problem
    4/6/2026Listed for sale$1,350,000-9.7%
    Source: BAREIS #326026608 Report a problem
    5/23/2025Listing removed$2,700
    Source: Zillow Rentals Report a problem
    5/14/2025Price change$2,700-0.9%
    Source: Zillow Rentals Report a problem
    4/18/2025Listed for rent$2,725-6%
    Source: Zillow Rentals Report a problem
    11/1/2024Listing removed$1,495,000
    Source: BAREIS #324062211 Report a problem
    10/23/2024Listed for sale$1,495,000
    Source: BAREIS #324062211 Report a problem
    10/2/2024Listing removed$1,495,000
    Source: BAREIS #324062211 Report a problem
    9/19/2024Price change$1,495,000-3.5%
    Source: BAREIS #324062211 Report a problem
    8/14/2024Listed for sale$1,550,000+3.3%
    Source: BAREIS #324062211 Report a problem
    5/7/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/25/2024Listed for rent$2,900+1.8%
    Source: Zillow Rentals Report a problem
    6/26/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/22/2023Price change$2,850-1.7%
    Source: Zillow Rentals Report a problem
    5/31/2023Listed for rent$2,900
    Source: Zillow Rentals Report a problem
    3/7/2023Listing removed--
    Source: RE/MAX International Report a problem
    7/29/2022Listed for sale$1,500,000+11.1%
    Source: BAREIS #322071228 Report a problem
    5/16/2022Listing removed$1,350,000
    Source: BAREIS #322012046 Report a problem
    4/11/2022Price change$1,350,000-3.6%
    Source: BAREIS #322012046 Report a problem
    3/14/2022Listed for sale$1,400,000
    Source: BAREIS #322012046 Report a problem
    2/19/2022Pending sale$1,400,000+120.5%
    Source: BAREIS #322012046 Report a problem
    2/5/2016Sold$635,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,163 +7.3%$786,524 +2%
    2024$8,541 +2.3%$771,103 +2%
    2023$8,352 +0.9%$755,985 +2%
    2022$8,281 +2.3%$741,162 +2%
    2021$8,096 -0.9%$726,630 +1%
    2020$8,165 +1.2%$719,180 +2%
    2019$8,065 +0.4%$705,079 +2%
    2018$8,034 +2.1%$691,254 +2%
    2017$7,866 +847.6%$677,700 +910.5%
    2016$830 +11.5%$67,069 +1.5%
    2015$744 +8%$66,062 +2%
    2014$690 -99%$64,769 +0.5%
    2013$66,242 $64,477 +2%
    2012-- $63,213 +2%
    2011-- $61,975 +0.8%
    2010-- $61,513 -0.2%
    2009-- $61,660 +2%
    2008-- $60,452 +2%
    2007-- $59,268 +2%
    2006-- $58,107 +2%
    2005-- $56,969 +2%
    2004-- $55,853 +1.9%
    2003-- $54,829 +2%
    2002-- $53,755 +2%
    2001-- $52,702 +2%
    2000-- $51,668
    Find assessor info on the county website

    Neighborhood: 94952

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,359,900
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    Estimated market value
    $1,359,900