Santa Cruz, CA 95062,Address not disclosed
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Santa Cruz, CA 95062,Address not disclosed
Santa Cruz, CA 95062,Address not disclosed
Santa Cruz, CA 95062,Address not disclosed
Santa Cruz, CA 95062,Address not disclosed

$4,550,000

Est. payment /mo

$4,925,000

7.6%
Est.Price: ?

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Address not disclosed Santa Cruz, CA 95062

0.96 Acres Lot

SOLD DATE : 08/10/2020

Key Details

Sold Price $4,550,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81773743

Sold Date 08/10/20

HOA Y/N No

Year Built 1960

Annual Tax Amount $62,708

Lot Size 0.957 Acres

Property Description

Located in the rare Pleasure Point neighborhood, 909 35th Ave offers an investor the unique opportunity to acquire three separate four-unit buildings on almost one full acre of land. Each four-plex is roughly 3,000 square feet for a total building square foot offering of 9,000 square feet. All of the buildings are identical and offer an attractive unit mix of all two story, two-bed, one-bath units. The units amenities are superb and come equipped with large private fenced backyards, private enclosed garages & hook-ups for washer & dryers. Unlike most apartment buildings, 909 35th Avenue will offer a new investor close to an acre of land which has allowed many tenants to utilize their garages for additional storage or workshops. With Santa Cruz already a strong rental market, the continued strength of the Bay Area and Silicon Valley makes locations like Santa Cruz a more attractive choice for renters who are seeking amenitized units close to the beach, shops & restaurants.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning RM-4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Flat

Total Parking Spaces 16

Schools

School District Other

Others

Tax ID 03203205000

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Fred Rubio • Marcus & Millichap
Bought with Mitchell Zurich • Marcus & Millichap

Gwyn Goodman

Broker | License ID: 00779815

+1(805) 443-5650

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