817 California Street, Santa Cruz, CA 95060
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817 California Street, Santa Cruz, CA 95060
817 California Street, Santa Cruz, CA 95060
817 California Street, Santa Cruz, CA 95060
817 California Street, Santa Cruz, CA 95060
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Listed by Sam Bird-Robinson • Compass
$ 3,975,000
Est. payment /mo
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817 California Street Santa Cruz, CA 95060

4,828 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 4,828 sqft

Price per Sqft $823

MLS Listing ID ML82042938

HOA Y/N No

Year Built 1973

Lot Size 0.276 Acres

Property Sub-Type OTHER

Source Datashare MLSListings

Property Description

Professionally managed UCSC rental opportunity with a phenomenal investment profile. This property features four 1,207 Sq. Ft. 4-Bed/2-Bath units, totaling 16 Bedrooms and 8 Bathrooms across 4,828 Sq. Ft. Benefit from an established rental history, very low vacancy rate, Total Operating Income of nearly $275K/year and a strong Net Operating Income (NOI) of $191K/year. Competitive financing is streamlined with SFR options available. Key features that maximize tenant appeal and minimize owner overhead include: on-site laundry, off-street parking, and 4 separate water and gas meters. The location is unbeatable for student renters, situated directly on the UCSC bus line corridor with quick access to campus and Downtown Santa Cruz. Don't miss this rare chance to secure a high-performing asset in a consistently robust rental market. All units are 4 Bed / 2 Bath

Location

State CA

County Santa Cruz

Interior

Heating Forced Air

Cooling No Air Conditioning

Flooring Laminate

Fireplace No

Schools

School District , Santa Cruz City Elementary


Bay East Association of Realtors

Nearby School & Business

Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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