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$ 2,695,000

Est. payment -/mo

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Active

130 Market ST Santa Cruz, CA 95060

9 Beds

6 Baths

3,744 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,744 sqft

Price per Sqft $719

Lot Size 0.290 Acres

MLS Listing ID ML82056624

Style Craftsman,Traditional,Victorian

Bedrooms 9

Full Baths 6

Property Description

Outstanding turnkey fourplex investment opportunity in central Santa Cruz! All units have been tastefully updated and meticulously maintained. The property features 4 separate structures including a beautifully updated 3 bedroom Victorian house, a 2-bedroom cottage, a duplex with 1 bedroom and 3 bedroom units, a separate 4 bay garage building with supplemental living space over the garages, and off-street parking. The large nicely landscaped lot provides ample opportunities for tenants to enjoy outdoor living spaces. Many energy efficiency improvements help keep utility costs low for tenants. Ideal location near downtown with a high walkability score offers tenants easy access to restaurants, shops, Highway 1, the pier, the Boardwalk, and beaches. This is a unique opportunity for an investor looking for a high-quality long-term investment with a strong rental history, very low vacancy rates, and financial upside potential through rent rate increases and the possibility of an ADU conversion per current state and local ADU regulations. The property is also perfect for an owner occupant to reside in a beautiful 3-bedroom, two-bath home while enjoying extra income from the other units, OR for a multi-generational family compound. Bring your investors and owner-occupant clients!

Location

State CA

County Santa Cruz

Area East Santa Cruz

Zoning R-1-5

Rooms

Other Rooms Laundry Room, Loft, Storage

Kitchen Dishwasher, Exhaust Fan, Hood Over Range, Oven Range, Oven Range - Gas, Refrigerator, Skylight

Interior

Heating Central Forced Air, Electric, Wall Furnace

Cooling None

Flooring Carpet, Laminate, Vinyl / Linoleum

1-purchase type For Sale

Exterior

Exterior Feature Back Yard, Balcony / Patio, BBQ Area, Deck , Fenced, Porch - Enclosed, Sprinklers - Auto, Sprinklers - Lawn

Garage Detached Garage, Off-Street Parking, Parking Area

Garage Spaces 4

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Shingle

Building

Foundation Concrete Perimeter, Crawl Space

Sewer Sewer - Private

Water Public

Others

Tax ID 008-333-24-000

Miscellaneous High Ceiling ,Skylight

Security Features Security Lights

Horse Property No

Special Sale Not Applicable

Listed by Marshall Keneipp of Miritz & Bailey Real Estate, Inc
Bought with Marshall Keneipp of Miritz & Bailey Real Estate, Inc

Anita Mohamed

Broker Associate

+1(347) 903-3025 | stagesite-3.test@chime.me

130 Market ST Santa Cruz, CA 95060

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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130 Market ST