317 Ocean Street, Santa Cruz, CA 95060
Commercial property · 2 recorded sales since 2020
Sold August 2022
Listing Agent: Cara De Simone (DRE #01215427) · Listing Office: Coldwell Banker Realty · Contact: (831) 688-6461 · Bought with: Yamina Wu · Compass · MLS #ML81884536 · Source: CRMLS
About this commercial property
Investor Opportunity! Check out this 7-unit Investment property and approx. 300SF finished "attic" space with all units rented, generating steady cash flows for strong cap rate. Great mix of units comprising of (One) 2 bedroom/1 bath; (Five) 1 bedroom/1 bath; and (One) large studio unit. Several upgrades made in the last 2 years including a new roof, remodeled downstairs unit, and newer asphalt parking area with 9 off-street parking spots. The property is in a prime location with convenient access to most everything the community has to offer. Close proximity to Downtown Santa Cruz, Boardwalk, beaches, and the desirable Seabright neighborhood nearby. UCSC is also just a bus ride or bike ride away. There are few properties that offer investors opportunity comparable to this! Check out the drone tour: https://youtu.be/cuy1mX4Dj_g
Listing description from the August 2022 sale, as reported to CRMLS.
Sale history
