$1,500,000
$1,099,000
36.5%For more information regarding the value of a property, please contact us for a free consultation.
3,090 SqFt
SOLD DATE : 09/27/2019
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,090 sqft
Price per Sqft $485
MLS Listing ID ML81769609
Sold Date 09/27/19
HOA Y/N No
Year Built 1870
Annual Tax Amount $18,700
Lot Size 0.426 Acres
Acres 0.426
Property Description
ATTENTION INVESTORS! This multi-unit property has a favorable CAP RATE with strong rental history, inquire for details! Just under a half acre FLAT LOT, complete with ocean and boardwalk views. The large parcel may present improvement possibilities - buyer to verify with the City of Santa Cruz. This unique property is centrally located, has yards/private space for each unit, and lots of off-street parking. The upside potential of this cannot be overstated. Close to bus routes, the amenities of the Seabright area such as Seabright Brewery, Betty Burgers, and Java Junction, and is located just a block from Seabright Beach. This property is priced to sell, so don't miss out! In the event of a completed foreclosure sale under the current deed of trust before Close of Escrow under any Purchase Agreement, Seller reserves the right to cancel the Agreement.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning RM
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Off Street
View Y/N Yes
View City Lights, Ocean
Roof Type Composition
Accessibility Other
Parking Type Off Street
Total Parking Spaces 10
Building
Lot Description Level
Sewer Public Sewer
Water Public
Architectural Style Victorian
Schools
School District Other
Others
Tax ID 01020304000
Financing Cash
Special Listing Condition Notice Of Default
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Bought with Sean Poudrier • Coldwell Banker Realty