$2,450,000
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816 Riverside Avenue Santa Cruz, CA 95060
General Commercial
Residence
Beds
Baths
4,070
Sq. Ft.
0.19
Acre
Lot
Property Activity
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You'll be proud to own this incredible Santa Cruz investment property.Long time owner will consider financing w 30 %+ down payment at UNDER MARKET 5% interest rate.Very well built/maintained 5 plex,close to vibrant downtown,UCSC-convienent for students,beaches on quiet one way street surrounded by p...eriod Victorians.Units are town home style with private fenced yards and patios,separate wtr heaters and more. Ample off-street parking-2/unit. Current rents are competitive but should allow income growth and upside potential for next owner. Income represents 2022 reported from property manager-showing property potential. Current annualized 2024 rent roll $176,400. Expenses from 2023 P/L from PM.
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MLS#
ML81972858
Property Type
General Commercial
Status
Active Under Contract
Year Built
1976
Square Feet
4,070
sq. ft
Lot Size
0.19
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