$1,700,000
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1,836 SqFt
SOLD DATE : 07/23/2020
Key Details
Sold Price $1,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,836 sqft
Price per Sqft $925
MLS Listing ID ML81789258
Sold Date 07/23/20
HOA Y/N No
Year Built 1934
Annual Tax Amount $12,920
Lot Size 0.446 Acres
Acres 0.446
Property Description
Fantastic versatile investment opportunity in coveted Pleasure Point neighbhood close to beaches,world class surf, all services. Large corner lot allows for social distancing, outdoor areas to garden enjoy some outdoor activities so important these days. Detached 3 bed/2bath main house w/separate yard + 5 additional rentals provide flexibilty for owner-user or investor. Several units also have garages and large lot allows for additional on site parking. Owner just replaced roofs and cosmetically spruced some units up.Solid investment with go in 5.5%+ Cap Rate. Studio is non conforming was originally part of the main house. Buyer to verify legality of all units.Pandemic or not this is a good one.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning RM-3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 1
Roof Type Composition
Total Parking Spaces 8
Building
Water Public
Schools
School District Other
Others
Tax ID 03110136000
Financing Cash
Special Listing Condition Standard
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Bought with Andy Kay • eXp Realty of California Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States