CA > Santa Cruz
Santa Cruz, CA 95060,816 Riverside AVE
Santa Cruz, CA 95060,816 Riverside AVE
Santa Cruz, CA 95060,816 Riverside AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,450,000
Est. payment /mo
8,145 Sqft Lot
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UPDATED:

10/27/2024 01:27 AM

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML81972858

HOA Y/N No

Year Built 1976

Annual Tax Amount $30,625

Lot Size 8,145 Sqft

Property Description

You'll be proud to own this incredible Santa Cruz investment property.Long time owner will consider financing w 30 %+ down payment at UNDER MARKET 5% interest rate.Very well built/maintained 5 plex,close to vibrant downtown,UCSC-convienent for students,beaches on quiet one way street surrounded by period Victorians.Units are town home style with private fenced yards and patios,separate wtr heaters and more. Ample off-street parking-2/unit. Current rents are competitive but should allow income growth and upside potential for next owner. Income represents 2022 reported from property manager-showing property potential. Current annualized 2024 rent roll $176,400. Expenses from 2023 P/L from PM.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning RM

Interior

Heating Electric

Cooling None

Fireplace No

Exterior

Carport Spaces 5

Roof Type Composition

Total Parking Spaces 5

Building

Water Public

Schools

School District Other

Others

Tax ID 00530140

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Andy Kay • eXp Realty of California Inc

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