NEW PRICE! Excellent investment opportunity- Income property fronting Pacific Garden Mall in Santa Cruz- long term high value location in the heart of Downtown Santa Cruz. 7 residential units and 2+ commercial units. Great CAP Rate. KEY FEATURES: Parcels in Downtown Plan w Up-zoning allowing for denser development; Opportunity Zone offering tax advantages; Across from approved mixed-use project under construction (see photos); Within City parking district, so parking requirements may be met offsite. 7 Residential Units FULLY LEASED Two ý bathrooms Shower room Laundry facilities w/coin operated washer and dryer Residential mo/income = $8775.00 ($105,300/yr) 2 Commercial Units currently available 803 Pacific 2400+- sq. ft. commercial areas, two ý bathrooms, storage room, office 805 Pacific 640+- sq. ft. retail space, ý bathroom, office Units 2, 3, 5, 7 new carpet, vinyl, countertops, carpet, or paint - 2019-21: Sprinkler upgrade 2016 Roof Replaced 2011+- Plumbing 2003
MLS #
ML81840804
MLS Source
MLSListings, Inc.
Cooling
None
Heating
Radiant
Roof
Composition
Foundation
Combination
Garage/Parking
On Street, Garage: 0 Car(s)
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Zoning
See Downtown Plan
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 9 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 430 | 7 | 2/0 | $1,150 | $1,300 | 7 |
2 | 2,400 | – | 0/0 | $2,000 | – | 1 |
3 | 640 | – | 0/0 | $1,500 | – | 1 |
803 Pacific Ave is a Residential Income in Santa Cruz, CA 95060. This 6,068 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1898.
This address can also be written as 803 Pacific Ave, Santa Cruz, CA 95060.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of July 02, 2024. For the most current information, please contact Derek Timm, (831) 239-9203