For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Santa Cruz, CA 95060
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,795,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81876689
Sold Date 03/30/22
HOA Y/N No
Year Built 1964
Lot Size 6,664 Sqft
Property Description
Eight unit investment opportunity. Situated between the mountains and the sea, Santa Cruz is a desirable investment location due to the high rental demand with the expanding University of California, its proximity to Silicon Valley, world class beaches and surf, mountain biking, and a growing tourism industry. Located within a short distance of Downtown Santa Cruz, The Boardwalk, The San Lorenzo River Walk, and UCSC. Easy access to Hwy 1 and 17. Building fronts on both Kennan and Hunolt Streets. Many tenants are long term. Coin-op laundry on site. Tenants pay gas and electric. Buy and hold for long term success!
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning APT
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 8
Building
Water Public
Schools
School District Other
Others
Tax ID 00854109000
Financing Conventional
Special Listing Condition Standard
Read Less
Bought with Eli Karon Karon Properties
Whether it's finding the perfect place to call home,
Selling the home that no longer fits your needs,
Or strategically investing to build a secure future.
I'm here to help you make the right move at the right time.
Let's talk about your real estate goals.