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In-PersonVirtual Tour
$ 2,250,000
Est. payment | /mo
7,274 Sqft Lot
$ 2,250,000
Est. payment | /mo
7,274 Sqft Lot
OPEN HOUSE
Fri Apr 25, 10:30am - 2:00pm
Wed May 07, 10:30am - 2:00pm
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82002407
HOA Y/N No
Year Built 1908
Annual Tax Amount $25,315
Lot Size 7,274 Sqft
Property Description
Great opportunity to own an income property with walking distance Santa Cruz Beach Boardwalk and Santa Cruz downtown. UCSC is also just a bus ride or bike ride away. 7 units, an on-site laundry room and 9 parking spots. The property has 2 buildings bring steady cash flows $14,000+ monthly with cap rate of 5.2%. The property is mixed with one of 2 bedrooms 1 bathroom, five of 1 bedroom and 1 bathroom, one studio, and one finished attic used by the owner. The property is well maintained and kept upgrading with a new solar, a newer roof, and a newer asphalt parking area, and several units were recently remodeled.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning Multiple family
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Other
Total Parking Spaces 9
Building
Water Public
Schools
School District Other
Others
Tax ID 0074031700
Special Listing Condition Standard
Listed by Yamina Wu • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "