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Bobby And Michelle Schaffer

sold@legacyhouserealty.com +1(951) 533-7744

$ 3,975,000

Est. payment | -/mo

4,828 SqFt

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$ 3,975,000

Est. payment | -/mo

Save Virtual Tour

4,828 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,828 sqft

Price per Sqft $823

MLS Listing ID ML82042938

HOA Y/N No

Year Built 1973

Annual Tax Amount $49,687

Lot Size 0.276 Acres

Property Sub-Type Mixed Use

Property Description

Professionally managed UCSC rental opportunity with a phenomenal investment profile. This property features four 1,207 Sq. Ft. 4-Bed/2-Bath units, totaling 16 Bedrooms and 8 Bathrooms across 4,828 Sq. Ft. Benefit from an established rental history, very low vacancy rate, Total Operating Income of nearly $275K/year and a strong Net Operating Income (NOI) of $191K/year. Competitive financing is streamlined with SFR options available. Key features that maximize tenant appeal and minimize owner overhead include: on-site laundry, off-street parking, and 4 separate water and gas meters. The location is unbeatable for student renters, situated directly on the UCSC bus line corridor with quick access to campus and Downtown Santa Cruz. Don't miss this rare chance to secure a high-performing asset in a consistently robust rental market. All units are 4 Bed / 2 Bath

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning Multifamily

Interior

Cooling None

Flooring Laminate

Fireplace No

Exterior

Parking Features Off Street

View Y/N No

Accessibility None

Total Parking Spaces 10

Building

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 00648133000

Special Listing Condition Standard

Virtual Tour https://www.817california.com

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Listed by Sam Bird-Robinson Compass #01901727

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 533-7744

sold@legacyhouserealty.com

Temecula , California, 92592, USA

817 California ST Santa Cruz, CA 95060

Bobby And Michelle Schaffer

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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817 California ST