321 2nd Street, Santa Cruz, CA 95060
Commercial property
Sold July 2024
Listing Agent: John Skillicorn (DRE #01875872) · Listing Office: Coldwell Banker Realty · Contact: (831) 688-6461 · Bought with: Sean Poudrier · Coldwell Banker Realty · MLS #ML81958891 · Source: CRMLS
About this commercial property
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.
Listing description from the July 2024 sale, as reported to CRMLS.
Sale history