803 Pacific AVE Santa Cruz, CA 95060

NEW PRICE! Excellent investment opportunity- Income property fronting Pacific Garden Mall in Santa Cruz- long term high value location in the heart of Downtown Santa Cruz. 7 residential units and 2+ commercial units. Great CAP Rate. KEY FEATURES: Parcels in Downtown Plan w Up-zoning allowing for denser development; Opportunity Zone offering tax advantages; Across from approved mixed-use project under construction (see photos); Within City parking district, so parking requirements may be met offsite. 7 Residential Units FULLY LEASED Two ý bathrooms Shower room Laundry facilities w/coin operated washer and dryer Residential mo/income = $8775.00 ($105,300/yr) 2 Commercial Units currently available 803 Pacific 2400+- sq. ft. commercial areas, two ý bathrooms, storage room, office 805 Pacific 640+- sq. ft. retail space, ý bathroom, office Units 2, 3, 5, 7 new carpet, vinyl, countertops, carpet, or paint - 2019-21: Sprinkler upgrade 2016 Roof Replaced 2011+- Plumbing 2003