Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81911933
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.00
Interior Features
Kitchen
Countertop - Granite
Appliances
Other
Cooling
None
Heating
Electric
Exterior Features
Roof
Other
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Common Parking Area, On Street, Garage: 0 Car(s)
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Zoning
RL
Nearby Homes for Sale
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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* 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 February 16, 2023. For the most current information, please contact Andy Kay, (831) 239-9002
