Under contract
Contingent
816 Riverside AVE
SANTA CRUZ CA, 95060
$2,450,000
$601.97 per sqft
Under contract
Contingent
4,070 sqft
Multi-family
Built in 1976
Listed by eXp Realty of California Inc, Andy Kay, Listing Contact: 8312399002
You'll be proud to own this incredible Santa Cruz investment property.Long time owner will consider financing w 30 %+ down payment at UNDER MARKET 5% interest rate.Very well built/maintained 5 plex,close to vibrant downtown,UCSC-convienent for students,beaches on quiet one way street surrounded by period Victorians.Units are town home style with private fenced yards and patios,separate wtr heaters and more. Ample off-street parking-2/unit. Current rents are competitive but should allow income growth and upside potential for next owner. Income represents 2022 reported from property manager-showing property potential. Current annualized 2024 rent roll $176,400. Expenses from 2023 P/L from PM.
ML81972858
MLSⓇ ID
July 11, 2024
Listed
October 27, 2024
Updated
Map
816 Riverside AVE
SANTA CRUZ CA, 95060
Interior Features
Appliances
Refrigerator, Oven, Range
Laundry Description
Laundry Room
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.19 Acres
Architectual Style
Traditional
Roof
Composition
Sewer
Public Sewer
School Information
School District
Santa Cruz City Elementary
Other Property Details
Area Name
West Santa Cruz
Garage
No
Parking
Off Street
Parking Total
5
View
No
County
Santa Cruz
Water Source
Public
Pool
No
Zoning
RM
Listing History
Date | Event | Price |
|---|---|---|
9/24/2024 | Under contract | — |
9/15/2024 | Price change | $2,450,000 -6% |
Listed by eXp Realty of California Inc, Andy Kay,
Listing Contact: 8312399002
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Joe Prather | CA DRE# 02001091 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 1:40 AM UTC, 10/27/2024