328 Ocean ST

SANTA CRUZ, CA 95060
Square Ft.
6,047
$3,000,000
Offered at an attractive 6% cap rate with a proven track record of performance,100% occupied for the past 25 years. This 13-unit apartment property delivers excellent rental history with potential upside through reasonable rent increases. The apartments span two parcels totaling 13,808.52 sq. ft. and include 17 marked parking spaces.Read MoreRead Less
Courtesy of Coldwell Banker Realty, Paul Zech 831-247-3007
Listing Snapshot
Days Online
51
Last Updated
Property Type
Five Or More Units
Square Ft.
6,047
Lot Size
0.32 Acres
Year Built
1977
MLS Number
ML82030413
30 Days Snapshot Of 95060
$1.60M
+57%
(avg) sold price
19
+111%
homes sold
50
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 13808.00, Max Area Units: Square Feet, Lot is 0.31698806244261 acres
Accessibility Features
Other
Building
6,047 structure square feet, Age: 49, Built in 1977, 3 buildings, 13 minimum units in complex
Cooling
None
Foundation
Concrete Perimeter
Garage
Assigned Spaces, Off-Street Parking, Uncovered Parking
Water Features
Public
Heating
Other
Tenant Pays
None
Miscellaneous
Total expenses: 86649
Parking
17 parking spaces
Property
Zoning: RM
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $8,599
Sewer
Sewer - Public, Sewer Connected
Utilities
Master Electric, Master Gas, Master Water, Public Utilities
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Monthly Payment
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Melanie Ventura
Realtor
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