CA 95073,Address not disclosed
CA 95073,Address not disclosed
CA 95073,Address not disclosed
39
$2,199,000
Est.Price: ?

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3,150 SqFt

Address not disclosed CA 95073

Est. payment /mo
SOLD DATE : 05/19/2022

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $666

MLS Listing ID ML81873950

Sold Date 05/19/22

HOA Y/N No

Year Built 1970

Annual Tax Amount $26,022

Lot Size 5,924 Sqft

Property Description

This property is the only fourplex available in Santa Cruz County as of 1/10 and it is a very special one at that. It has 3 units that are 2 bed and 1 bath, and one unit is 1/1. It has a cap rate of 3.65 and a gross annual rent of $123,600. This building was was fumigated & painstakingly renovated in 2016 with new floors throughout, forced air heat for 3 units, community washer and dryer, new kitchens, new bathrooms, fresh paint, new landscaping and more. Recent inspections incl: roof, home, pest, and sewer lateral, & it is incredibly clean. The tenants all pay on time and are the kind of tenants all landlords dream of having. Unit 2, will be vacant for showings starting this Monday. This gives the future landlords the opportunity to bring new tenants into unit 2 at a higher market rate, or possibly live in it themselves. This property is in a great location at the edge of Soquel and Capitola and is walking distance to Gail's Bakery and a short dr to dt Capitola.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning RM-2.5

Interior

Heating Wall Furnace

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator

Exterior

Parking Features Covered

Carport Spaces 4

Roof Type Tar/Gravel

Accessibility None

Total Parking Spaces 4

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 03022117000

Acceptable Financing Cal Vet Loan

Listing Terms Cal Vet Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jesse Collins • David Lyng Real Estate
Bought with Scott C. Poncetta • KW Bay Area Estates

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