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321 2nd St

Santa Cruz, CA 95060
  • $4,500,000
  • STATUS: Active Under Contract
  • ON SITE: 85 Days
  • ID#: ML81958891
Under Contract
UPDATED: 98 min ago
$4,500,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,920
    SQFT
  • $760
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Listing provided courtesy of John Skillicorn of Coldwell Banker Realty: 831-818-1540.

Description

Property is located in the Economic Opportunity Zone. Prime Investment Opportunity". This 12-unit apartment building has been in the same family for over 40 years. Currently the tenants have month to month leases. Current rents are below market rates with huge upside potential. There are 11 one-bedroom apartments and 1 studio apartment, private patio decks, many with ocean views including one with a roof top deck with views of the entire bay. Exterior has been freshly painted and a new roof installed in 2023. Close to all amenities including walking distance to the Santa Cruz Boardwalk, beach, wharf, and restaurants. Owner willing to carry.

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© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-06-18T23:49:45.707. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Olga Golovko | Keller Williams Realty-Silicon Valley.

Licensed in the State of California.
Website powered by BoomTown.
www.golovkohomes.com/homes/148894910
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321 2nd St Santa Cruz, CA 95060

  • Price: $4,500,000
  • Status: Active Under Contract
  • On Site: 85 Days
  • Updated: 98 min ago
  • ID#: ML81958891
0
Beds
0
Baths
0
½ Baths
0.25
Acres
5,920
SQFT
$760
$/SQFT
1946
Built
Neighborhood:
West Santa Cruz
County:
Santa Cruz
Area:
West Santa Cruz
Property Description
Property is located in the Economic Opportunity Zone. Prime Investment Opportunity". This 12-unit apartment building has been in the same family for over 40 years. Currently the tenants have month to month leases. Current rents are below market rates with huge upside potential. There are 11 one-bedroom apartments and 1 studio apartment, private patio decks, many with ocean views including one with a roof top deck with views of the entire bay. Exterior has been freshly painted and a new roof installed in 2023. Close to all amenities including walking distance to the Santa Cruz Boardwalk, beach, wharf, and restaurants. Owner willing to carry.
Exterior Features

Foundation Concrete PerimeterCrawl Space Garage Parking CarportCommon Parking AreaCovered ParkingLighted Parking AreaNo GarageOff-Street Parking Lot Description Views Number Of Buildings 1 Parking Spaces 8 Pool YN No Roof BitumenFlat / Low Pitch Units In Complex Min 12 View CityOcean Yard Grounds Back YardBalcony / PatioDeckStorage Shed / Structure

Interior Features

Additional Rooms Laundry RoomOther Beds Unit1 1 Beds Unit2 0 Cooling None Flooring CarpetVinyl / Linoleum Heating Electric Laundry Coin Operated Sq Ft Unit1 493 Sq Ft Unit2 493 Structure Sq Ft 5920

Property Features

Accessibility Features Bathroom FeaturesKitchen Features Additional Listing Info Not Applicable City Limits Yes City Name SANTA CRUZ Community Name Anchor Apartments Of Santa Cruz Hoa Amenities Common Utility Room Hoa YN No Lot Size Area Maximum 11021.00 Meters Master GasSeparate Electric Rent Unit1 1650 Rent Unit2 1700 Restrictions Other Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Public Utilities Water Public Zoning Apt 11-20 Units

Listing provided courtesy of John Skillicorn of Coldwell Banker Realty: 831-818-1540.



© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-06-18T23:49:45.707. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Olga Golovko | Keller Williams Realty-Silicon Valley.

Licensed in the State of California.
Website powered by BoomTown.
 
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Olga Golovko | Keller Williams Realty-Silicon Valley
2110 S Bascom Ave #101
Campbell CA, 95008

Listing provided courtesy of John Skillicorn of Coldwell Banker Realty: 831-818-1540.