$2,795,000
$2,795,000
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128 Kennan ST Santa Cruz, CA 95060
3 Beds
2 Baths
4,647 SqFt
Key Details
Sold Price $2,795,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,647 sqft
Price per Sqft $601
MLS Listing ID ML81876689
Sold Date 03/30/22
Bedrooms 3
Full Baths 2
Year Built 1964
Lot Size 6,665 Sqft
Property Description
Eight unit investment opportunity. Situated between the mountains and the sea, Santa Cruz is a desirable investment location due to the high rental demand with the expanding University of California, its proximity to Silicon Valley, world class beaches and surf, mountain biking, and a growing tourism industry. Located within a short distance of Downtown Santa Cruz, The Boardwalk, The San Lorenzo River Walk, and UCSC. Easy access to Hwy 1 and 17. Building fronts on both Kennan and Hunolt Streets. Many tenants are long term. Coin-op laundry on site. Tenants pay gas and electric. Buy and hold for long term success!
Location
State CA
County Santa Cruz
Area East Santa Cruz
Building/Complex Name Palmer Place
Zoning APT
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Off-Street Parking
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 008-541-09-000
Security Features None
Special Listing Condition Not Applicable
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Bought with Eli Karon • Karon Properties