Address
109 Ellis St Petaluma, CA
Price
$ 1,360,000
Property Attributes
  • MLS#321028276
  • TypeLand
  • CountySONOMA
  • CityPetaluma
  • AreaPetaluma West
  • Zip94952
  • StyleResidential Lot
  • Price$ 1,360,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.7 Acres
Listing Provided Courtesy Of:
David T Sanford with Newport Apartment Group - 949-306-9508
Data Source:
Bay Area Real Estate Information Services
Property Description

MAJOR $200,000 PRICE REDUCTION!! This rare 13-unit apartment development opportunity is fully entitled by the City of Petaluma, presenting the culmination of great effort by architect and designer Jerry Kler and his team. New product is extremely scarce in Petaluma, and this strategically located and manageable project is located within walking distance of the new SMART line and super close proximity to the trending historic downtown area, shopping, restaurants, schools and other amenities. With a unique design approved for 12 two-bedroom two-bath townhome style units with an upstairs loft in a spacious 1,115 sq. ft naturally lit floorplan, and one studio low-income unit. Enclosed garages, open parking, courtyards, private balconies, open space, a workout room, a pool and BBQ area and expectation of high rent demand for a scarce product oriented toward a younger affluent tenant base. A great developer's project in a high-demand, culturally growing city.

Price History
4/22/2021 Listed $1,360,000

General Features

Association Y/N No
Auction No
Availability Date 1800-01-01T00:00:00
Current Use Multi-Family
Development Status Site Plan Approved
Electric Electric Available
MLS Area Petaluma West
Property SubType Residential Lot
Property Type Land
Sewer Public Sewer
Zoning Description Multi-Residential

Exterior Features

Fencing Chain Link
Lot Features Other
Lot Size Acres 0.7047
Lot Size Source Architect
Lot Size Square Feet 30695
Lot Size Units SqFt
Number of Lots 1
Road Frontage Type City Street, Other
Water Source Public

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94952

Price
AVG $1.07M
$1.36M
Visits
AVG 51
8