Property Details
About this Property
5 townhouse style units, each with its own enclosed private patio on a peaceful garden setting with old growth landscaping. Fully lit common areas include a large back patio & bonus triangular area in back. Located on the quiet section of Riverside dotted with Victorians, walking distance to the shops & restaurants of downtown. Quality designed and constructed by Holcomb in 1976 to condominium standards w/double-framed demising walls, 54 SF laundry room w/coin-op machines, 3 tenant storage closets, owners storage room, 5 covered+5 open parking spaces. Individually metered, w/modern electrical system, individual water heaters, separate water shutoff valves, copper plumbing & ABS waste line. Held in the same family for 2+ decades, faithfully maintaining the buildings and updating each unit as they turn over. This is a rare opportunity to acquire a quality-built heritage property w/solid cash flow. Seller will consider financing 10-year note at 6.25% interest only, w/30% down payment.
MLS Listing Information
MLS #
ML81933065
MLS Source
MLSListings, Inc.
Days on Site
158
Buyer's Brokerage Compensation*
2.50
Interior Features
Kitchen
220 Volt Outlet, Exhaust Fan
Appliances
Exhaust Fan, Oven Range - Electric, Washer/Dryer
Flooring
Carpet, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
None
Heating
Electric
Exterior Features
Roof
Rolled/Hot Mop
Foundation
Concrete Perimeter and Slab
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Covered Parking, Lighted Parking Area, Garage: 0 Car(s)
High School District
Santa Cruz City High
Water
Public
Zoning
RM
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 768 | 2 | 1/0 | $3,938 | $4,200 | 5 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
816 Riverside Ave is a Residential Income in Santa Cruz, CA 95060. This 4,070 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,250,000 and was built in 1976. This address can also be written as 816 Riverside Ave, Santa Cruz, CA 95060.
©2023 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
* 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 September 22, 2023. For the most current information, please contact Datta Khalsa, (831) 818-0181
