Santa Cruz, CA 95060,317 Ocean ST
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Santa Cruz, CA 95060,317 Ocean ST
Santa Cruz, CA 95060,317 Ocean ST
Santa Cruz, CA 95060,317 Ocean ST
Santa Cruz, CA 95060,317 Ocean ST

$2,075,000

Est. payment /mo

$2,195,000

5.5%
Est.Price: ?

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317 Ocean ST Santa Cruz, CA 95060

3 Beds

3 Baths

3,136 SqFt

SOLD DATE : 08/12/2022

Key Details

Sold Price $2,075,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,136 sqft

Price per Sqft $661

MLS Listing ID ML81884536

Sold Date 08/12/22

Bedrooms 3

Full Baths 3

Year Built 1908

Lot Size 7,275 Sqft

Property Description

Investor Opportunity! Check out this 7-unit Investment property and approx. 300SF finished "attic" space with all units rented, generating steady cash flows for strong cap rate. Great mix of units comprising of (One) 2 bedroom/1 bath; (Five) 1 bedroom/1 bath; and (One) large studio unit. Several upgrades made in the last 2 years including a new roof, remodeled downstairs unit, and newer asphalt parking area with 9 off-street parking spots. The property is in a prime location with convenient access to most everything the community has to offer. Close proximity to Downtown Santa Cruz, Boardwalk, beaches, and the desirable Seabright neighborhood nearby. UCSC is also just a bus ride or bike ride away. There are few properties that offer investors opportunity comparable to this! Check out the drone tour: https://youtu.be/cuy1mX4Dj_g

Location

State CA

County Santa Cruz

Area East Santa Cruz

Zoning Multi-res/Apt. 5-10 units

Interior

Heating Gas

Cooling None

Exterior

Garage Assigned Spaces, No Garage, Uncovered Parking

Utilities Available Public Utilities

View City, City Lights

Roof Type Composition

Building

Foundation Concrete Perimeter, Concrete Perimeter and Slab

Sewer Sewer - Public, Sewer Connected, Sewer in Street

Water Public

Others

Restrictions None

Tax ID 007-403-17-000

Security Features None

Special Listing Condition Not Applicable

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MLSListings Inc. (MLSListings)
Listed by Cara De Simone • Coldwell Banker Realty
Bought with Yamina Wu • Compass

Walter Stauss

California Realtor | License ID: 01105052

+1(831) 246-4663

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