Sold

317 Ocean Street

Santa Cruz CA, 95060

$2,075,000


$661.67 per sqft

Sold

3,136 sqft

Other

Built in 1908

Investor Opportunity! Check out this 7-unit Investment property and approx. 300SF finished "attic" space with all units rented, generating steady cash flows for strong cap rate. 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 2 years including a new roof, remodeled downstairs unit, and newer 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! Check out the drone tour: https://youtu.be/cuy1mX4Dj_g

ML81884536

MLS ID

April 14, 2022

Listed

March 29, 2024

Updated

Map

317 Ocean Street
Santa Cruz CA, 95060

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.17 Acres


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Santa Cruz


Garage

No


Parking

Assigned


View

Yes


View Description

City Lights


County

Santa Cruz


Water Source

Public


Pool

No


Zoning

Mult


Buyer Agency Compensation

2.5%

Listed by Cara De Simone with Coldwell Banker Realty
Listing Contact: 831-818-7320 

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