109 Ellis Street

    Petaluma, CA 94952
    • $1,690,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: 21922433
    UPDATED: 62 min ago
    $1,690,000
    • 0
      BEDS
    • 0.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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 barbeque 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.

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    © 2019 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or W Real Estate | Luxury Team. Data last updated: 2019-10-17T09:57:07.237.
    www.buywinecountryproperties.com/homes/98387617

    109 Ellis Street Petaluma, CA 94952

    • Price: $1,690,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 21922433
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.7
    Acres
    Neighborhood:
    Petaluma West
    County:
    Sonoma
    Area:
    Petaluma West
    Property Description
    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 barbeque 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.
    Exterior Features

    Building Pad No Corners Marked Yes Existing Structures Misc Bldg(S)Residence/Teardown Fencing Chain Link Lot Description Other Street Description City Street Topography Level

    Property Features

    Auction No City Transfer Tax No City Transfer Tax Rate 0.00 Common Int Dev No Current Use Multi-Family Dev Status Other Developer Lot Number 0.00 HOA No Hoa Amount 0.00 Land Type Residential Lease Amount 0.00 Lot Size Source (Builder) Lots 1 Lot New Construction Or Resale Resale Pending Litigation No Planned Unit Develop No Sewer Septic Sewer Public Soils Report Yes Special Zones Flood Zone Surveyed Yes Transaction Type Sale Utilities CityElec AvailGas Avail Water Source Water Public Zoning R-4 Zoning Allows Multi-Family

    Listing information © 2019 Bay Area Real Estate Information Services.
    Listing courtesy of David Sanford of Newport Apartment Group.


    © 2019 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or W Real Estate | Luxury Team. Data last updated: 2019-10-17T09:57:07.237.
     
    W Real Estate | Luxury Team
    Wine Country CA,