218 Edith St | Petaluma, CA 94952
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- LoopNet Team
218 Edith St
Petaluma, CA 94952
The Villa · Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- Attractive Unit Mix: Twelve spacious 2-bed units and six 1-bed units in a quiet, garden-style layout with strong tenant appeal.
- Recent Capital Upgrades: Permitted electrical improvements and structural enhancements reduce future maintenance risk and boost long-term value.
- Turnkey Operations: On-site laundry, covered parking for all units, and well-maintained grounds support efficient property management.
- Strategic Location: Walking distance to Whole Foods, SMART Train, parks, schools, and multiple shopping centers including Target and Grocery Outlet.
- Income Upside: Current rents trail market averages by an estimated 10%, presenting clear potential for revenue growth.
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.54 AC |
| Property Type | Multifamily | Building Size | 16,188 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1962 |
| Zoning | CITYPE | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 16,188 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | CITYPE |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 12 | - | - |
PROPERTY TAXES
| Parcel Number | 007-061-032 | Improvements Assessment | $525,842 |
| Land Assessment | $94,493 | Total Assessment | $620,335 |
PROPERTY TAXES
Parcel Number
007-061-032
Land Assessment
$94,493
Improvements Assessment
$525,842
Total Assessment
$620,335
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