Listing Provided Courtesy ofLive Love Santa Cruz Tour
Open houses Sat/Sun October 13/14, 1pm-4pm. NOT in rent control area. Seller open to trade for buyers property as part of transaction. Rare jewel in the heart of the 26th Ave neighborhood, one of the most desirable and largest (.7 acres) properties one short block to one of Santa Cruz's most desirable beaches. One of the highest income/CAP rate investment properties close to the beach offering amazing pro-forma rents of $3295-$3495 per unit with current signed lease at $3495/month. 8 two bedroom units. All units remodeled, including kitchens/baths, new roofs/windows/sliders/more. Each unit has a large private fenced-in yard for outdoor living, pets, toys plus a large common area for all to use. This property also has 20+ parking spaces, two coin-operated laundry facilities and nine outdoor storage units that all offer extra income potential.
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Listing Courtesy ofLive Love Santa Cruz