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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