$ 2,695,000
-
$2,695,000
Price -
9
Bed -
0
Bath -
3,744
SqFt
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About the Listing ML5009264 - ML5099596
Outstanding turnkey fourplex investment opportunity in central Santa Cruz! All units have been tastefully updated and meticulously maintained. The property features 4 separate structures including a beautifully updated 3 bedroom Victorian house, a 2-bedroom cottage, a duplex with 1 bedroom and 3 bedroom units, a separate 4 bay garage building with supplemental living space over the garages, and off-street parking. The large nicely landscaped lot provides ample opportunities for tenants to enjoy outdoor living spaces. Many energy efficiency improvements help keep utility costs low for tenants. Ideal location near downtown with a high walkability score offers tenants easy access to restaurants, shops, Highway 1, the pier, the Boardwalk, and beaches. This is a unique opportunity for an investor looking for a high-quality long-term investment with a strong rental history, very low vacancy rates, and financial upside potential through rent rate increases and the possibility of an ADU conversion per current state and local ADU regulations. The property is also perfect for an owner occupant to reside in a beautiful 3-bedroom, two-bath home while enjoying extra income from the other units, OR for a multi-generational family compound. Bring your investors and owner-occupant clients!
Listing Highlights
Interior Details
- Bedrooms: 9
- Bathrooms: 0 Full
- Appliances: Dishwasher, Refrigerator, Range Hood, Vented Exhaust Fan
- Air Cond:
- Heating: Central,Electric,Wall Furnace
- Fireplaces:
- Floor: Carpet,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Loft
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 5
- Zoning: R-1-5
- Roof: Shingle
- Others: Has ADU
- Sewer: Private Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $16,439
- Taxes w/Assessments: N/A
- Tax/Property ID: 00833324000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
130 Market St Santa Cruz, CA 95060
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