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Address not disclosed Santa Cruz, CA 95060
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Key Details
Sold Price $3,100,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81674792
Sold Date 01/13/18
HOA Y/N No
Year Built 1968
Annual Tax Amount $39,000
Lot Size 0.552 Acres
Property Description
Remarkable Upper Westside Santa Cruz 6-unit property with panoramic views of the Monterey Bay and city lights on over 1/2 acre lush landscaped setting with auto irrigation. Ample parking with 14 spaces, including 5 covered. Low-maintenance building: Romex with breakers, copper supply pipes, plastic AVS drainage lines, comp shingle roof, elastomeric decks, stamped concrete patios and new contemporary exterior paint. Initial research indicates the potential exists to add more units, which retired architect Seller suggests could be built either over the carport and/or above units A and B. Property has appeal for a broad range of uses including Air B-n-B potential, and/or owner-occupied main unit with sweeping ocean views. Prestige location on the hill with nearby pedestrian/bike bridge to downtown, and both Pogonip and the University just around the corner. Note-reported expenses based on 2016 P+L's, not including $21,063 spent on replacements and capital improvements put in last year.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning RL
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 5
Roof Type Composition,Shingle
Total Parking Spaces 9
Building
Water Public
Schools
Elementary Schools Westlake
Middle Schools Other
High Schools Santa Cruz
School District Other
Others
Tax ID 00118113000
Financing Conventional
Special Listing Condition Standard
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