New Tax Code = New Opportunity! With enhanced bonus depreciation rules just released, this fully rented triplex offers smart investors a chance to improve cash flow from day one. Pair steady rents and low expenses with long-term appreciation in a prime Santa Cruz location. Ask about the seller credit to… Read More buy down your rate and boost returns even further. A rare chance to combine location, leverage, and tax strategy into a winning investment. This well-maintained triplex features three 1-bedroom, 1-bathroom units with long-term tenants and a strong rental history. Upgrades include flooring, modern appliances, and an engineered septic system, making this a clean, low-maintenance investment. Each unit is separately metered for PG&E, and there is ample parking and private outdoor space for tenants. The property is located in a commuter-friendly area with strong rental demand and zero vacancy history. Triplexes in Santa Cruz with this level of care, condition, and long-term stability are rare. Build your portfolio and grow your wealth in one of Californias most desirable coastal markets. Please do not disturb tenants. Inspections Available. Read Less
Courtesy of KW Thrive Santa Cruz, Brandi Jones 831-588-5145
Listing Snapshot
Days Online
64
Last Updated
Property Type
Triplex
Square Ft.
1,500
Lot Size
0.27 Acres
Year Built
1963
MLS Number
ML82011974
30 Days Snapshot Of 95060
$1.76M
+7%
(avg) sold price
21
-30%
homes sold
33
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 11700.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1: approximately 500 square feet, Unit 1 rent: $2,094
Unit Two
1 bedroom in unit 2, Unit 2: approximately 500 square feet, Unit 2 rent: $2,094
Unit Three
1 bedroom in unit 3, Unit 3: approximately 500 square feet, Unit 3 rent: $1,866
Accessibility Features
Parking
Building
Built in 1963, 3 building units, 1 building, Ranch, 1,500 structure square feet
Roof
Composition
Utilities
Propane On Site
Sewer
Septic Engineered
Security Features
None
Heating
Wall Furnace
Cooling
None
Floors
Laminate
Foundation
Concrete Perimeter
Water Features
Public
Parking
6 parking spaces
Miscellaneous
Vacancy factor: 0
Tenant Pays
Utilities - Electric, Utilities - Gas
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