Please go to disclosure link below to sign Confidentiality Agreement. Once return LA will send financials etc. Fantastic assumable loan- approximately $4.4M at 3.4% for 3+yrs.Rarely does a 24-unit investment property in one of the strongest rental markets with tremendous upside come to market. Family owned for decades, pride of ownership-just take a look at the incredible interiors of upgraded units. Location is extremely desirable- easy walk/bike ride to ocean,beach,boardwalk,downtown,wharf and also easy access to freeway for commuter. Value add upside in updating non-upgraded units bring rents to market (recent $8M appraisal available upon request), also available feasibility study ,available on request, shows ability to add more units.
Buyer's Brokerage Compensation*
Countertop - Granite
Common Parking Area, On Street, Garage: 0 Car(s)
High School District
Santa Cruz City High
813 E Cliff Dr is a Residential Income in Santa Cruz, CA 95060. This 8,422 square foot property sits on a 0.669 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,999,999 and was built in 1920.This address can also be written as 813 E Cliff Dr, Santa Cruz, CA 95060.
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This listing information is up-to-date as of February 16, 2023. For the most current information, please contact Andy Kay, (831) 239-9002