Fantastic investment opportunity in unique fourplex with upside potential. Seize the chance to own a rare multi-residential fourplex featuring four individual detached homes, each with 2 bedrooms. Located just minutes from the beach and downtown, this fourplex presents an excellent opportunity for investors seeking rental income in Santa Cruzs thriving… Read More rental market or homeowners looking to offset their mortgage payments. Unlike typical multi-family properties, the four separate homes each have their own yard which provide enhanced privacy and comfort for individuals and tenants to enjoy the California sunshine in their own outdoor space, ideal for relaxing or entertaining. With room for value-add improvements and increasing market rents, this property presents a lucrative opportunity for growth and increased ROI. Don't miss out on this exceptional investment opportunity with close proximity to downtown attractions, including the Santa Cruz Beach Boardwalk, Pacific Avenue shops, and vibrant nightlife. Read Less
Courtesy of Anderson Christie, Inc., Marvin Christie 831-406-1031
Listing Snapshot
Days Online
169
Last Updated
Property Type
Fourplex
Square Ft.
2,673
Lot Size
0.24 Acres
Year Built
1908
MLS Number
ML81974859
30 Days Snapshot Of 95060
$1,799k
+21%
(avg) sold price
7
-72%
homes sold
26
-36%
(avg) days on market
Snapshot
Area Map
Additional Details
Security Features
None
Lot
Max Area: 10367.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 750 square feet, Unit 1 rent: $2,887
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 750 square feet, Unit 2 rent: $2,520
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 573 square feet, Unit 3 rent: $2,467
Unit Four
2 bedrooms in unit 4, Unit 4: approximately 600 square feet, Unit 4 rent: $2,992
Accessibility Features
None
Building
Built in 1908, 4 building units, 4 buildings, 2,673 structure square feet
Roof
Composition, Shingle
Utilities
Public Utilities
Sewer
Sewer - Public
Heating
Wall Furnace
Cooling
None
Floors
Carpet, Tile, Vinyl / Linoleum
Foundation
Concrete Perimeter, Post and Pier
Kitchen
Cooktop - Electric, Cooktop - Gas, Refrigerator
Water Features
Public
Garage
2 garage spaces
Parking
4 parking spaces
Miscellaneous
Vacancy factor: 0
Tenant Pays
Utilities - Electric, Utilities - Gas
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