Investor Opportunity! Check out this 7-unit Investment property and approx. 300SF finished "attic" space with all units rented, generating steady cash flows for strong cap rate. Great mix of units comprising of (One) 2 bedroom/1 bath; (Five) 1 bedroom/1 bath; and (One) large studio unit. Several upgrades made in the last 2 years including a new roof, remodeled downstairs unit, and newer asphalt parking area with 9 off-street parking spots. The property is in a prime location with convenient access to most everything the community has to offer. Close proximity to Downtown Santa Cruz, Boardwalk, beaches, and the desirable Seabright neighborhood nearby. UCSC is also just a bus ride or bike ride away. There are few properties that offer investors opportunity comparable to this! Check out the drone tour: https://youtu.be/cuy1mX4Dj_g
MLS #
ML81884536
MLS Source
MLSListings, Inc.
Cooling
None
Heating
Gas
Roof
Composition
Foundation
Concrete Perimeter, Concrete Perimeter and Slab
Garage/Parking
Assigned Spaces, No Garage, Garage: 0 Car(s)
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Zoning
Multi-res/Apt. 5-10 units
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 7 | 7 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | 1 | 1/0 | $1,800 | $1,900 | 5 |
2 | – | 2 | 1/0 | $2,300 | – | 1 |
3 | – | – | 1/0 | $1,600 | – | 1 |
4 | 300 | – | 0/0 | $600 | – | 1 |
317 Ocean St is a Residential Income in Santa Cruz, CA 95060. This 3,136 square foot property sits on a 7,275 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,075,000 and was built in 1908.
This address can also be written as 317 Ocean St, 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 December 21, 2024. For the most current information, please contact Cara De Simone, (831) 465-7029