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$2,295,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82029569
HOA Y/N No
Year Built 1964
Annual Tax Amount $28,687
Property Description
NEW PRICE! Assumable Loan at 3.25% for next 2.5 years. High-Quality Investment in a Prime Santa Cruz Location! Ideally situated between the Seabright neighborhood, the Beach Boardwalk, and Downtown Santa Cruz, this property offers an exceptional investment opportunity in one of the areas most desirable rental markets. Featuring five oversized 2-bedroom, 1-bath units, the property boasts excellent rental history with low vacancy, appealing to both long-term tenants and their guests. Each unit offers abundant natural light and functional floor plans, creating a bright and comfortable living environment. Additional highlights include on-site parking for all units, storage units for each unit, and on-site laundry facilities generating additional income. Fantastic location just steps from the Santa Cruz Wharf, world-class surf spots, the Boardwalk, and Downtown amenities.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning Multi Unit
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 5
Roof Type Flat,Tar/Gravel
Building
Water Public
Schools
School District Other
Others
Tax ID 00742211000
Special Listing Condition Standard
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Listed by Scott C. Poncetta KW Bay Area Estates
1st Class Real Estate Mavericks
Brokerage | License ID: 02245942
+1(760) 203-3373 | 1stclassmavericks@gmail.com