Bought with Eli Karon • Karon Properties
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Key Details
Sold Price $2,795,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,647 sqft
Price per Sqft $601
MLS Listing ID ML81876689
Sold Date 03/30/22
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1964
Lot Size 6,665 Sqft
Property Description
Eight unit investment opportunity. Situated between the mountains and the sea, Santa Cruz is a desirable investment location due to the high rental demand with the expanding University of California, its proximity to Silicon Valley, world class beaches and surf, mountain biking, and a growing tourism industry. Located within a short distance of Downtown Santa Cruz, The Boardwalk, The San Lorenzo River Walk, and UCSC. Easy access to Hwy 1 and 17. Building fronts on both Kennan and Hunolt Streets. Many tenants are long term. Coin-op laundry on site. Tenants pay gas and electric. Buy and hold for long term success!
Location
State CA
County Santa Cruz
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Building
Water Public
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