Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81958891
MLS Source
MLSListings, Inc.
Interior Features
Flooring
Carpet, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
None
Heating
Electric
Exterior Features
Roof
Flat, Bitumen
Foundation
Concrete Perimeter, Crawl Space
Parking, School, and Other Information
Garage/Parking
Carport, Common Parking Area, Covered Parking, Lighted Parking Area, No Garage, Off-Street Parking, Garage: 0 Car(s)
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Complex Amenities
Common Utility Room
Zoning
Apt 11-20 Units
Contact Information
Listing Agent
John Skillicorn
Coldwell Banker Realty
License #: 01875872
Phone: (831) 818-1540
Co-Listing Agent
Sean Poudrier
License #: 01932326
Phone: (831) 531-7171
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 12 | 12 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 493 | 1 | 1/0 | $1,650 | $2,400 | 11 |
| 2 | 493 | 0 | 1/0 | $1,700 | $1,700 | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
321 2nd St is a Residential Income in Santa Cruz, CA 95060. This 5,920 square foot property sits on a 0.253 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,175,000 and was built in 1946. This address can also be written as 321 2nd St, Santa Cruz, CA 95060.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact John Skillicorn, (831) 818-1540
