Property Details
About this Property
RARE OPPORTUNITY to own a well-maintained 8-unit apartment. First time on market in 50 years! Great investment property with excellent financials showing continued revenue growth and strong steady in place cash flow stream. Prime location in Westside Santa Cruz, steps to Downtown amenities, easy access to HWY 17, 2 miles to UCSC & beaches. Consists of (2) 2B/1B units with park views and (6) 1B/1B units, 6-space carport, 8 storage cabinets, coin-op laundry, bike room. On-street permit parking. Kitchens include original tile, gas stoves, refrigerators, abundant cabinetry, rear access. Extensive Improvements: double-pane windows; composite shingle roof; deck, railing, staircase renovations; painting; asphalt paving; hardwood floors - 5 units; water heater; crawlspace vapor barrier and more! Low maintenance landscaping. Individual electric meters. Sewer lateral replacement, property & pest inspections completed. Fully rented. Contact Joe Muzzio, Broker: 408-429-4624, joemuzzio@gmail.com.
MLS Listing Information
MLS #
ML81857287
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.50
Interior Features
Kitchen
Countertop - Tile
Appliances
Oven Range - Gas
Flooring
Carpet, Hardwood, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Raised
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, On Street, Garage: 0 Car(s)
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Zoning
R-1-5
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 948 | 2 | 1/0 | $2,135 | $2,750 | 2 |
| 2 | 528 | 1 | 1/0 | $1,830 | $1,975 | 6 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
121 Sylvar St is a Residential Income in Santa Cruz, CA 95060. This 5,900 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1950. This address can also be written as 121 Sylvar St, Santa Cruz, CA 95060.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of July 08, 2022. For the most current information, please contact Joseph Muzzio, (408) 429-4624
