Skip To Content

257 High Street

Santa Cruz, CA 95060
  • $1,900,000
  • STATUS: Active Under Contract
  • ON SITE: 8 Days
  • ID#: ML81902543
Under Contract
$1,900,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,978
    SQFT
  • $478
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

School District:
Listing Agent(s): Terri Mayall of Sereno ((831) 460-1100)


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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.searchsocalrealestate.com/homes/131557161
Print Image

257 High Street Santa Cruz, CA 95060

  • Price: $1,900,000
  • Status: Active Under Contract
  • On Site: 8 Days
  • ID#: ML81902543
0
Beds
0
Baths
0
½ Baths
0.13
Acres
3,978
SQFT
$478
$/SQFT
1953
Built
Neighborhood:
699 - Not Defined
County:
Santa Cruz
Area:
699 - Not Defined
School District:
Other
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.
Exterior Features

Carport Spaces 2 Carport YN Yes Foundation Details Concrete Perimeter Parking Features CarportOff Street Parking Total 4 Roof CompositionShingle

Interior Features

Accessibility Features None Appliances RefrigeratorVented Exhaust Fan Cooling None Cooling YN No Flooring TileWood Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 3.76 Garage YN Yes Gross Scheduled Income 119172 Insurance Expense 2770 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 20765 Other Expense 0 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 5709 Trash Expense 1800 Water Source Public Zoning Multi-Res



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_369510564-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_369510564-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_369510564-1.jpg
Logo
Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
1063 W Sixth Street
Ontario CA, 91762
Listing Agent(s): Terri Mayall of Sereno ((831) 460-1100)