Bought with Owen Lawlor • Owen Lawlor, Broker
$2,800,000
$3,000,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
3,752 SqFt
SOLD DATE : 03/18/2025
Key Details
Sold Price $2,800,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,752 sqft
Price per Sqft $746
MLS Listing ID ML81973941
Sold Date 03/18/25
Bedrooms 1
Full Baths 1
Year Built 1991
Lot Size 4,748 Sqft
Property Sub-Type Five or More Units
Property Description
Welcome to an exceptional investment opportunity in the heart of downtown Santa Cruz! This property features 8 beautifully refurbished units, perfectly situated in a prime Grade A location. Just a short stroll from downtown, the beach, and a host of highly desirable amenities, this rental property promises convenience and charm. Each unit is private and secure, ensuring peace of mind for tenants. With a remarkable high tenant retention rate, these units are consistently in demand. Don't miss out on owning a piece of Santa Cruz's vibrant lifestyle and thriving rental market!
Location
State CA
County Santa Cruz
Area West Santa Cruz
Zoning Apartment
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features On Street
Utilities Available Public Utilities
Roof Type Composition,Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions Other
Tax ID 007-034-06-000
Security Features None
Special Listing Condition Not Applicable
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+1(925) 413-1849 | kenneth@jcastlegroup.com