257 HIGH STREET, SANTA CRUZ, CA 95060

  • 3,978 sqft
  • Lot Size: 5,619 sqft
  • Built in 1953
  • MLS #ML81902543
For Sale $1,900,000
  • share

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.

FACTS / FEATURES

  • Built in 1953
  • Lot Size: 5,619 sqft
  • Cooling: None
  • Heating: Wall Furnace
  • Parking: 4 spaces total

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Listing Provided by Terri Mayall, Sereno
Based on information from California Regional Multiple Listing Service, Inc. as of August 19, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.