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    225-241 7th Avenue

    Santa Cruz, CA 95062
    • $5,250,000
    • STATUS: Active
    • ON SITE: 84 days
    • ID#: ML81803535
    UPDATED: 45 min ago
    $5,250,000
    • 0
      BEDS
    • 0.63
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1933
    County:

    School Ratings & Info

    Description

    Don't forget your beach chairs and watch the sunset at this wonderful income property. 13 units total, two single family homes, both homes, w/private laundry, one with a fireplace, dining room that could be a second bedroom. The second home has 2 bedrooms, living room, dining room, large kitchen, nook, laundry room, molding and hardwood floors. There are also 9 studios (one of the studios has ocean views) and 2-1 bedroom units. One of the units has high ceilings, many have brick accents throughout, one with granite counters & new bathrooms. This complex has been well maintained and updated. The complex is within a few blocks to the beach, yacht harbor and Crow's Nest. Amazing courtyards and a wonderful area for tenants and guests to BBQ. Bike storage, laundry, many have private yards, and is secured with gates. Each unit has off street assigned parking plus a 2-car garage with alley access.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-28T18:42:26.747.

    www.lucasgphomes.com/homes/108531384
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    225-241 7th Avenue Santa Cruz, CA 95062

    • Price: $5,250,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: ML81803535
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.63
    Acres
    1933
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Cruz
    Area:
    All Other Counties/States
    Property Description
    Don't forget your beach chairs and watch the sunset at this wonderful income property. 13 units total, two single family homes, both homes, w/private laundry, one with a fireplace, dining room that could be a second bedroom. The second home has 2 bedrooms, living room, dining room, large kitchen, nook, laundry room, molding and hardwood floors. There are also 9 studios (one of the studios has ocean views) and 2-1 bedroom units. One of the units has high ceilings, many have brick accents throughout, one with granite counters & new bathrooms. This complex has been well maintained and updated. The complex is within a few blocks to the beach, yacht harbor and Crow's Nest. Amazing courtyards and a wonderful area for tenants and guests to BBQ. Bike storage, laundry, many have private yards, and is secured with gates. Each unit has off street assigned parking plus a 2-car garage with alley access.
    Exterior Features

    Parking Description Other Parking Spaces Total 13 Roof Other

    Interior Features

    Bedrooms Unit1 2 Bedrooms Unit2 1 Bedrooms Unit4 1 Cooling None Heating Other Heat Laundry Coin Operated

    Property Features

    Annual Gross Sched Income 272720 Annual Taxes 29217 Annual Utility Expense 2963 Building Type Other Disabled Features Other Hoa YN No Net Operating Income 214335 Operating Expenses ElectricOther Tenant Pays ElectricGas Tot Bldg Sq Ft 10500 Water Sewer Sewer System - PublicWater - Public Zoning R-1-

    Listing courtesy of Michael Burbatt of David Lyng Real Estate.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-28T18:42:26.747.

     
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