257 High ST, Santa Cruz, CA 95060

$1,990,000
3,978
SqFt
Sold Price
$1,990,000
List Price
$1,900,000
Closing Date
Sep 12, 2022
MLS#
ML81902543
Status
SOLD
Zoning
Multi-Res
Sqft. of Residence
3,978
Lot Size
5,619
Listing Area
West Santa Cruz

Property Description

Great opportunity in low inventory environment to invest in a Fourplex. Well located in SC with easy access to commute routes, UCSC and beaches. It is walking/biking distance to downtown shops and restaurants. There are Four 2-bedroom 1-bath units with great established rental history. This fantastic income producing property is approx 10k per month. Off-Street parking, including 2 covered parking spaces and 2 car garage being used for shared storage. Coin operated laundry. One unit has been updated and upon the last turnover got an immediate 30+% increase in rents. Current rents allow new owner upside as they are low for 2BR units in Santa Cruz. Low maintenance and easy to own. This a must see for any Santa Cruz investor or parent of UCSC student.

Additional Information

Acres
0.13
Age
69
Cooling System
None
Floor Covering
Hardwood, Tile, Vinyl / Linoleum
Foundation
Concrete Perimeter
Garage Parking
Carport, Detached Garage, Off-Street Parking, On Street, Varies by Unit
Heating System
Wall Furnace
Living Area
3,978
Lot Size
5,619
Neighborhood
West Santa Cruz
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition, Shingle
Sewer
Sewer - Public
Special Features
None
Total Number Of Units
4
Unincorporated Yn
Yes
Zoning
Multi-Res

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Terri Mayall from Sereno. 831-818-3361

Selling Office: ROOM.

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