Fourplex · 2 recorded sales since 2012
Listing Agent: Aimee Thayer-Garcia (DRE #01846533) · Listing Office: Montalvo Homes & Estates · Contact: 831-460-4663 · Bought with: Alistair Craft · Christie's International Real Estate Sereno · MLS #ML81935062 · Source: CRMLS
Wonderful opportunity to invest in a rare 4-Plex located in vibrant downtown Santa Cruz area, with over $350,000 in recent upgrades by owner. Unit #4 has been newly remodeled, resulting in an immediate 30% increase in rents. Units are spacious townhouse-style 1 bedroom, 1 bathroom with newly built balconies. Centrally located in Santa Cruz within walking distance to Downtown, Main Beach, Depot Park, and West Cliff. Close to bus lines, UCSC and easy commute access. Rare offering in a low inventory environment. Low maintenance investment property with tremendous upside potential with rents well below market.
Listing description from the August 2023 sale, as reported to CRMLS.