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Becky Campos
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(831) 444-8500
Mobile Phone:
(831) 818-7607
rcampos969@aol.com
DRE# #00575464
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FOR SALE
$4,850,000
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321 2nd Street
Santa Cruz, CA 95060

Business Opportunities
Residence
5,920
Sqft
0.253
Lot Size
Listing Agent: John Skillicorn CalDRE: 01875872 - Coldwell Banker Realty

Description for 321 2nd Street Santa Cruz, CA 95060

Prime Investment Opportunity". This 12-unit apartment building has been in the same family for over 40 years. Currently the tenants have month to month leases with rents well below the current market rates. There are 11 one-bedroom apartments and 1 studio apartment, private patio decks, many with ocean views including one with a roof top deck with views of the entire bay. Exterior has been freshly painted and a new roof installed in 2023. Close to all amenities including walking distance to the Santa Cruz Boardwalk, beach, wharf, and restaurants. Offering a lucrative opportunity with a possible Pro Forma of 6.4%+ CAP Rate.

Property Details

ML81958891
Business Opportunities, Other
Santa Cruz
1946
0.253 Acres
Public
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Listing Agent: John Skillicorn CalDRE: 01875872 - Coldwell Banker Realty
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Becky Campos

8061 San Miguel Canyon Rd. Ste. D115, Prunedale, CA 93907 | Phone: (831) 818-7607 | Email: rcampos969@aol.com

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