Property Details
About this Property
You'll be proud to own this incredible Santa Cruz investment property.Long time owner will consider financing w 30 %+ down payment at UNDER MARKET 5% interest rate.Very well built/maintained 5 plex,close to vibrant downtown,UCSC-convienent for students,beaches on quiet one way street surrounded by period Victorians.Units are town home style with private fenced yards and patios,separate wtr heaters and more. Ample off-street parking-2/unit. Current rents are competitive but should allow income growth and upside potential for next owner. Income represents 2022 reported from property manager-showing property potential. Current annualized 2024 rent roll $176,400. Expenses from 2023 P/L from PM.
MLS Listing Information
MLS #
ML81972858
MLS Source
MLSListings, Inc.
Interior Features
Kitchen
Exhaust Fan
Appliances
Exhaust Fan, Oven Range - Electric
Flooring
Carpet, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
None
Heating
Electric
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Carport, Covered Parking, Off-Street Parking, Garage: 0 Car(s)
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Zoning
RM
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 770 | 2 | 1/0 | $2,650 | $3,000 | 5 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
816 Riverside Ave is a Residential Income in Santa Cruz, CA 95060. This 4,070 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,450,000 and was built in 1976. This address can also be written as 816 Riverside Ave, Santa Cruz, CA 95060.
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This listing information is up-to-date as of October 27, 2024. For the most current information, please contact Andy Kay, (831) 239-9002
