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Scott D. Comstock

RE/MAX GOLD

scott@homesandwealth.com +1(559) 681-9500

Listed by Yamina Wu • Compass

$ 2,250,000

Est. payment | -/mo

3 Beds

3 Baths

3,136 SqFt

Save

$ 2,250,000

Est. payment | -/mo

Save

3 Beds

3 Baths

3,136 SqFt

OPEN HOUSE

Wed May 07, 10:30am - 2:00pm

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,136 sqft

Price per Sqft $717

MLS Listing ID ML82002407

Bedrooms 3

Full Baths 3

Year Built 1908

Lot Size 7,275 Sqft

Property Sub-Type Five or More Units

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 East Santa Cruz

Zoning Multiple family

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Exterior

Parking Features Assigned Spaces, Parking Area

Utilities Available Public Utilities, Solar

Roof Type Other

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Restrictions Age - No Restrictions

Tax ID 007-403-17-00

Security Features Other

Special Listing Condition Not Applicable

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 681-9500

scott@homesandwealth.com

Serving ALL of California, United States

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317 Ocean ST Santa Cruz, CA 95060