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    317 Ocean St

    Santa Cruz, CA 95060
    • $2,295,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: ML81822237
    UPDATED: 34 min ago
    $2,295,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,130
      SQFT
    • $733
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    Investor Opportunity! Check out this 7-unit Investment property with all units rented, generating steady cash flows for a strong starting cap rate, and potential to increase rent with newly installed storage sheds and a vacant finished approx. 300SF attic. Great mix of units comprising of One 2 bedroom/1 bath; Five 1 bedroom/1 bath; and One large studio unit. Several upgrades made in the last year include a new roof, remodeled downstairs unit, and new asphalt parking area with 9 off-street parking spots. The property is in a prime location with convenient access to most everything the community has to offer. Close proximity to Downtown Santa Cruz, Boardwalk, beaches, and the desirable Seabright neighborhood nearby. UCSC is also just a bus ride or bike ride away. There are few properties that offer investors opportunity comparable to this!

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-25T16:49:16.647. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
    www.dominicnicoli.com/homes/112393673
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    317 Ocean St Santa Cruz, CA 95060

    • Price: $2,295,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: ML81822237
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,130
    SQFT
    $733
    $/SQFT
    1908
    Built
    Neighborhood:
    East Santa Cruz
    County:
    Santa Cruz
    Area:
    East Santa Cruz
    Property Description
    Investor Opportunity! Check out this 7-unit Investment property with all units rented, generating steady cash flows for a strong starting cap rate, and potential to increase rent with newly installed storage sheds and a vacant finished approx. 300SF attic. Great mix of units comprising of One 2 bedroom/1 bath; Five 1 bedroom/1 bath; and One large studio unit. Several upgrades made in the last year include a new roof, remodeled downstairs unit, and new asphalt parking area with 9 off-street parking spots. The property is in a prime location with convenient access to most everything the community has to offer. Close proximity to Downtown Santa Cruz, Boardwalk, beaches, and the desirable Seabright neighborhood nearby. UCSC is also just a bus ride or bike ride away. There are few properties that offer investors opportunity comparable to this!
    Exterior Features

    Construction Type Masonry Foundation Concrete PerimeterConcrete Perimeter And Slab Garage Parking Assigned SpacesUncovered Parking Number Of Buildings 2 Pool YN No Roof Composition Units In Complex Min 7 View CityCity Lights

    Interior Features

    Beds Unit1 1 Beds Unit2 2 Cooling None Heating Gas Sq Ft Unit4 300 Structure Sq Ft 3130

    Property Features

    Accessibility Features None Additional Listing Info Not Applicable City Limits Yes City Name Santa Cruz Cross Street Barson St. Hoa YN No Incorporated Yes Lot Size Area Maximum 7275.00 Meters Master ElectricMaster Gas Rent Unit1 1734 Rent Unit2 2266 Rent Unit3 1496 Rent Unit4 600 Restrictions None Security Features None Sewer Septic Sewer - PublicSewer ConnectedSewer in Street Sq Ft Source Other Utilities Public Utilities Water Public Zoning Multi Res

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Cara De Simone of Coldwell Banker Realty.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-25T16:49:16.647. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
     
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