Basics
| Date added Added 2 hours ago | Category Five Or More Units | Type Residential Income | Status Active |
| Area 2685 sq ft | Lot size 6186 sq ft | Year built 1980 | Garage spaces 0 |
| Listing source MLSL | MLS ID ML82036301 |
Description
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Description:
7+ CAP Investment Opportunity! CAP rate above 7 is uncommon for multi-unit properties in Santa Cruz. Fully leased five-unit income property in prime Santa Cruz location. Property consists of a 2-bedroom main home, two detached studios (including a Jr. ADU), and two detached 2-bedroom/1-bath ADUs. All units are currently occupied, providing stable in-place rental income.
Conveniently located near Highway 1, Santa Cruz Beach Boardwalk, UCSC, downtown Santa Cruz, and restaurants. Great opportunity for investors seeking a multi-unit investment property in an ideal location.
Location
- County: Santa Cruz
Building Details
- Parking spaces: -5
- New construction: No
- Heating: Electric
- Roof: Aluminum Over Tar, Composition
- Parking: Assigned Spaces
Amenities & Features
- Waterfront: No
- Garage: No
- Attached garage: No
- Fireplace: No
- Private pool: No
- Cooling: None
- Utilities: Public Utilities, Water - Public