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Commercial Property — 238 San Lorenzo Boulevard, Santa Cruz, CA

$2,295,000

238 San Lorenzo Boulevard, Santa Cruz, CA

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About this property

NEW PRICE! Assumable Loan at 3.25% for next 2.5 years. High-Quality Investment in a Prime Santa Cruz Location! Ideally situated between the Seabright neighborhood, the Beach Boardwalk, and Downtown Santa Cruz, this property offers an exceptional investment opportunity in one of the areas most desirable rental markets. Featuring five oversized 2-bedroom, 1-bath units, the property boasts excellent rental history with low vacancy, appealing to both long-term tenants and their guests. Each unit offers abundant natural light and functional floor plans, creating a bright and comfortable living environment. Additional highlights include on-site parking for all units, storage units for each unit, and on-site laundry facilities generating additional income. Fantastic location just steps from the Santa Cruz Wharf, world-class surf spots, the Boardwalk, and Downtown amenities.

Property details

Square feet
4,368
Year built
1964
Property type
CommercialSale

Location

238 San Lorenzo Boulevard • Santa Cruz, CA 95060

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Listed by

Scott C. Poncetta · KW Bay Area Estates