157 Lee Street, Santa Cruz, CA 95060
Fourplex · 2 recorded sales since 2013
Sold September 2022
Listing Agent: Jimmy Castellanos (DRE #02024152) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Monica Yeung · Just Global Inc. · MLS #ML81897700 · Source: CRMLS
About this fourplex
157 Lee Street is a charming and well-located community situated in the city of Santa Cruz, California. This apartment complex has been meticulously well-maintained and properly managed by the current ownership. Situated 2.5 miles from the famous Santa Cruz Beach Boardwalk, 157 Lee Street offers an investor or resident an easily accessible location, a desirable unit-mix, a flexible rent controlled market, and a location that will benefit new investors with consistent cash flow and asset appreciation for many years to come. Additionally, this community has a net rentable square footage of 3,072 (per county records) and accommodates an attractive unit-mix of four two bedroom/one-bath units. Santa Cruz is considered a major city along the California Pacific Coast and will continue to expand its economic and social infrastructure due to close proximity to major technology and agricultural institutions in Northern California.
Listing description from the September 2022 sale, as reported to CRMLS.
Sale history