Hury dramatic price reduction by motivated Seller. Spectacular asset in a fantastic and coveted West SC location. Offered at higher Cap Rate than seen in years in quality SC location. . 4- upgraded ( major systems) existing apartments plus 3- brand new detached SFR homes. Recent upgrades to the existing apartments include new roofs, upgrades to electric/plumbing and more. In addition, fully owned (not leased) and professionally maintained solar mini grid + battery system. Provides all power to all 3 new homes; tenants are billed back for electricity and all have been sub-metered for water adding to owner monthly income. The new homes have 7 yr warranty- lowers maintenance expense.19 Total- rentable bedrooms. The location is highly desirable: close to UCSC for students, bus lines, beach,downtown As utilities continue to rise the smart new owner of this property will benefit. Seller reserves right to accept or reject any offers.
MLS #
ML81897915
MLS Source
MLSListings, Inc.
Kitchen
Varies by Unit
Appliances
Cooktop - Electric, Microwave, Washer/Dryer - Some Units
Cooling
None
Heating
Electric, Solar with Backup
Roof
Composition
Foundation
Concrete Perimeter, Raised
Garage/Parking
On Street, Garage: 0 Car(s)
High School District
Santa Cruz City Elementary
Sewer
Public Sewer
Water
Public
Zoning
R1-5
# Buildings | # Leased Units | # Total Units |
---|---|---|
5 | 7 | 7 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 900 | 4 | 2/0 | $4,950 | $5,600 | 2 |
2 | 507 | 2 | 1/0 | $3,250 | – | 1 |
3 | 710 | 2 | 2/0 | $3,250 | – | 1 |
4 | 1,041 | 3 | 2/0 | $4,300 | – | 1 |
5 | 900 | 3 | 2/0 | $4,235 | – | 1 |
6 | 400 | 1 | 1/0 | $1,348 | – | 1 |
320 California St is a Residential Income in Santa Cruz, CA 95060. This 5,217 square foot property sits on a 0.576 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,960,000 and was built in 2022.
This address can also be written as 320 California 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 Andy Kay, (831) 239-9002