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Listed by Coldwell Banker Realty, John Skillicorn, Sean Poudrier Listing Contact: 831-818-1540
5,920 sqft

$4,175,000

321 2nd ST, Santa Cruz CA, 95060

Price per sqft$705.24
Built in1946
Property size5,920 sqft
Property typeResidential

Overview

Sold

Listed Mar 25, 2024

Updated 21h ago

Property is located in the Economic Opportunity Zone. Prime Investment Opportunity". This 12-unit apartment building has been in the same family for over 40 years. Currently the tenants have month to month leases. Current rents are below market rates with huge upside potential. There are 11 one-bedroom apartments and 1 studio apartment, private patio decks, many with ocean views including one with a roof top deck with views of the entire bay. Exterior has been freshly painted and a new roof installed in 2023. Close to all amenities including walking distance to the Santa Cruz Boardwalk, beach, wharf, and restaurants. Owner willing to carry.

Additional information

MLS® ID
ML81958891

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.25 Acres
MLS provider logo

Listed by Coldwell Banker Realty, John Skillicorn DRE:01875872, Sean Poudrier
Listing Contact: 831-818-1540 

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