20 Eucalyptus Avenue, Petaluma, CA 94952, Petaluma, 94952 - 3 bed, 1 bath
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20 Eucalyptus Avenue
Petaluma, CA 94952
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,300Sq Ft
28,000Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,092,079
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000—positioned above the $1,092,080 Fair Market Value. While the price reflects a premium, the 28,000 sq. ft. lot and multi-unit configuration generating $99,000 in annual gross income provide significant cash-flow stability. With a Condition Rating of 4, the structures require modernization, yet the versatility of the five total living spaces offers immense value-add potential. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$1,092,079
Based on Realkey algorithm analyzing recent comparable sales in Petaluma.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property features multiple structures that appear to be over 30 years old with dated exteriors and original-style T1-11 siding. While the property is functional and generating significant rental income, the age of the structures, the reliance on private well/septic systems, and the 'income opportunity' framing suggest the interiors and systems likely require modernization and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28000, living area = 1300.
- Exceptional Income Potential
The property generates a substantial gross rental income exceeding $99,000 annually, offering a high-yield opportunity for investors or owner-occupants looking to offset their mortgage.
- Expansive Country Lot
Situated on a rare 28,000 sq. ft. lot in West Petaluma, the property provides significant privacy, space, and versatility rarely found so close to downtown amenities.
CONSRISKS & DEFICIENCIES
- Permitting and Legality Risks
The requirement for the buyer to verify the legality of the additional living spaces suggests potential zoning compliance issues or unpermitted structures that could affect future use.
- Private Utility Infrastructure
Reliance on a private well and septic system for a multi-unit configuration increases long-term maintenance responsibilities and potential capital expenditure compared to municipal services.
About 20 Eucalyptus Avenue
Rare West Petaluma income opportunity on an expansive 28,000 sq. ft. country lot! 20 Eucalyptus features a 3-bedroom, 1-bath main residence plus additional living spaces currently configured as two 1-bedroom/1-bath residences, a studio, and a 1-bedroom/1-bath residence. Seller reports combined gross rental income in excess of $99,000 per year, presenting an exceptional opportunity for an investor, owner-occupant or buyer looking for substantial income potential. Buyer to independently investigate and verify all information, including the legality and continued use of all additional living spaces. Enjoy a spacious country setting with privacy, flexibility and room to spread out, while still conveniently close to downtown Petaluma, shopping, dining and amenities. Property is served by private well and septic. A truly unique offering combining location, land, versatility and impressive income potential!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 0
- Lot Size
- 28,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 1.0 | 2.7 |
| Square foot | 1,300 | 1,819.93 |
| Lot Size | 28,000 | 6,258.866 |
| Price | $1.15M | $911.4K |
| Price per sq ft | $885 | $555 |
| Built year | 0 | 1974 |
| HOA | $0 | $127 |
| Days on market | 16 | 36 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,150,000
Initial Listing