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1375 Gossage Ave
Petaluma, CA 94952
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Historic farmhouse preserved with modern enhancements including solar power and updated electrical systems
- Expansive redwood barn offering creative, workshop, or income-producing potential within a distinctive architectural structure
- Mature landscaping highlighted by heirloom roses, fruit and nut trees, vegetable gardens, and outdoor dining spaces
- Beautifully remodeled chef’s kitchen featuring granite surfaces and professional-grade KitchenAid appliances
- Additional residence with window-wrapped living spaces and an attached in-law studio ideal for guests or multigenerational living
- Nearly two acres of undeveloped land suited for agriculture, equestrian use, or future Sonoma County-approved development
Executive Summary
Set at the edge of the West Petaluma city limit, 1375 Gossage Ave presents a rare opportunity to acquire a nearly five-acre heritage estate that blends architectural character with long-term potential. The offering sits within the Urban Growth Boundary, creating a unique convergence of pastoral privacy and future vision, supported by open land, mature landscaping, and flexible structures suitable for personal use, income generation, or strategic redevelopment. Its circa-1907 farmhouse has been carefully preserved with original built-ins, softwood flooring, abundant daylight, and a wrap-around porch that frames the property with timeless charm. Modern enhancements including rooftop solar and updated electrical systems bring meaningful efficiency to the home without compromising its historical integrity.
Inside, the main residence features a beautifully renovated chef’s kitchen with granite surfaces and professional-grade KitchenAid appliances, paired with two main-level bedrooms and an upper-level suite supported by a refined den suited for work, library, or retreat functions. Two updated tiled baths add comfort while honoring the home’s historic aesthetic. Outdoors, the estate expands into a curated environment marked by heirloom roses, fruit and nut trees, expansive lawns, and vegetable gardens, complemented by a gazebo and dining patio that support elevated indoor-outdoor living.
The property’s ancillary structures elevate its versatility. A large old-growth redwood barn serves as an architectural focal point with potential for creative, workshop, or rental uses, while a smaller improved barn offers additional options as a studio, office, or guest suite. A second residence positioned higher on the property includes window-wrapped living areas, a country kitchen, and an in-law studio ideal for multigenerational living or revenue opportunities. Approximately two acres of natural land further expand possibilities for equestrian activity, agriculture, or future improvements under Sonoma County guidelines. This is a compelling chance to secure a legacy-style compound within close reach of Petaluma amenities and the natural beauty of western Sonoma County.
Inside, the main residence features a beautifully renovated chef’s kitchen with granite surfaces and professional-grade KitchenAid appliances, paired with two main-level bedrooms and an upper-level suite supported by a refined den suited for work, library, or retreat functions. Two updated tiled baths add comfort while honoring the home’s historic aesthetic. Outdoors, the estate expands into a curated environment marked by heirloom roses, fruit and nut trees, expansive lawns, and vegetable gardens, complemented by a gazebo and dining patio that support elevated indoor-outdoor living.
The property’s ancillary structures elevate its versatility. A large old-growth redwood barn serves as an architectural focal point with potential for creative, workshop, or rental uses, while a smaller improved barn offers additional options as a studio, office, or guest suite. A second residence positioned higher on the property includes window-wrapped living areas, a country kitchen, and an in-law studio ideal for multigenerational living or revenue opportunities. Approximately two acres of natural land further expand possibilities for equestrian activity, agriculture, or future improvements under Sonoma County guidelines. This is a compelling chance to secure a legacy-style compound within close reach of Petaluma amenities and the natural beauty of western Sonoma County.
Property Facts
| Price Per Unit | $1,319,203 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.60% | Lot Size | 4.99 AC |
| Sale Condition | 1031 Exchange | Building Size | 4,500 SF |
| Gross Rent Multiplier | 24 | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1907/1980 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Zoning | AR2 - AR2 zoning allows Residential and Some Agriculture per Sonoma County Code. This includes equestrian use,farm-to-table agriculture, and many other uses | ||
| Price Per Unit | $1,319,203 CAD |
| Sale Type | Investment |
| Cap Rate | 3.60% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 24 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.99 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1907/1980 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | AR2 - AR2 zoning allows Residential and Some Agriculture per Sonoma County Code. This includes equestrian use,farm-to-table agriculture, and many other uses |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Stainless Steel Appliances
- Basement
- Dining Room
- Family Room
- Garden
- Porch
Site Amenities
- Fenced Lot
- Laundry Facilities
- Gas Range
- Trash Pickup - Curbside
- Vintage Building
- Wi-Fi
- Storage Space
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $6,744 CAD | - |
| 2+1 | 1 | $4,101 CAD | - |
| 3+2 | 1 | $10,936 CAD | - |
Property Taxes
| Parcel Number | 048-132-012 | Improvements Assessment | $2,497,136 CAD |
| Land Assessment | $1,664,504 CAD | Total Assessment | $4,161,639 CAD |
Property Taxes
Parcel Number
048-132-012
Land Assessment
$1,664,504 CAD
Improvements Assessment
$2,497,136 CAD
Total Assessment
$4,161,639 CAD
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