Santa Cruz, CA 95060
$1,999,999
Bed
0
Bath
0
Living Space
2,685 SqFt
Year Built
1980
Lot Size
6,186 SqFt
Days
199
7+ CAP Investment Opportunity! CAP rate above 7 is uncommon for multi-unit properties in Santa Cruz. Fully leased five-unit income property in prime Santa Cruz location. Property consists of a 2-bedroom main home, two detached studios (including a Jr. ADU), and two detached 2-bedroom/1-bath ADUs. All units are currently occupied, providing stable in-place rental income. Conveniently located near Highway 1, Santa Cruz Beach Boardwalk, UCSC, downtown Santa Cruz, and restaurants. Great opportunity for investors seeking a multi-unit investment property in an ideal location.
Listing provided courtesy ofShawki Farhat License 02225210 Raeid Farhat Real Estate Inc
Data provided by MLSListings Inc.
- Westlake Elementary School (Elementary) - GreatSchools rating 7/10 - Shoreline Middle School (Middle) - GreatSchools rating 5/10 - Santa Cruz High School (High) - GreatSchools rating 10/10 School District: Santa Cruz City Elementary School District
Several parks are located within a 1-2 mile radius of the property. These include Garfield Park, which features a playground, basketball court, and picnic tables; Chestnut Park, offering a playground, picnic tables, and a basketball half-court; and Depot Park, which has a playground, picnic area, and bike park.
The neighborhood is part of the Westside area of Santa Cruz, known for its bustling commercial district with a variety of restaurants, shops, and businesses. Mission Street runs through this district, connecting to Highway One. This area is densely populated, and traffic can be an issue during commuting hours. Local dining options include a range of cuisines, with many establishments focusing on organic and locally sourced ingredients.
This location has a Walk Score of 96 out of 100, indicating it is a "Walker's Paradise" where daily errands do not require a car. The Transit Score is 51 out of 100, described as "Good Transit," meaning there are many nearby public transportation options. Verified transit routes include the 4 River/Harvey West/Emeline and 4W River/Harvey West bus lines, both within 0.2 miles.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Westlake Elementary School (Elementary) - GreatSchools rating 7/10 - Shoreline Middle School (Middle) - GreatSchools rating 5/10 - Santa Cruz High School (High) - GreatSchools rating 10/10 School District: Santa Cruz City Elementary School District
Several parks are located within a 1-2 mile radius of the property. These include Garfield Park, which features a playground, basketball court, and picnic tables; Chestnut Park, offering a playground, picnic tables, and a basketball half-court; and Depot Park, which has a playground, picnic area, and bike park.
The neighborhood is part of the Westside area of Santa Cruz, known for its bustling commercial district with a variety of restaurants, shops, and businesses. Mission Street runs through this district, connecting to Highway One. This area is densely populated, and traffic can be an issue during commuting hours. Local dining options include a range of cuisines, with many establishments focusing on organic and locally sourced ingredients.
This location has a Walk Score of 96 out of 100, indicating it is a "Walker's Paradise" where daily errands do not require a car. The Transit Score is 51 out of 100, described as "Good Transit," meaning there are many nearby public transportation options. Verified transit routes include the 4 River/Harvey West/Emeline and 4W River/Harvey West bus lines, both within 0.2 miles.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
