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Listed by Scott C. Poncetta • KW Bay Area Estates
$2,495,000
Est. payment /mo
4,368 SqFt
Active
238 San Lorenzo Boulevard Santa Cruz, CA 95060
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,368 sqft
Price per Sqft $571
MLS Listing ID ML82022121
HOA Y/N No
Year Built 1964
Lot Size 6,708 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Assumable Loan at 3.25% for next 2.5 years. High-Quality Investment in a Prime Santa Cruz Location! Ideally situated between the Seabright neighborhood, the Beach Boardwalk, and Downtown Santa Cruz, this property offers an exceptional investment opportunity in one of the areas most desirable rental markets. Featuring five oversized 2-bedroom, 1-bath units, the property boasts excellent rental history with low vacancy, appealing to both long-term tenants and their guests. Each unit offers abundant natural light and functional floor plans, creating a bright and comfortable living environment. Additional highlights include on-site parking for all units, storage units for each unit, and on-site laundry facilities generating additional income. Fantastic location just steps from the Santa Cruz Wharf, world-class surf spots, the Boardwalk, and Downtown amenities.
Location
State CA
County Santa Cruz
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
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