Santa Cruz, CA 95062,Address not disclosed
Santa Cruz, CA 95062,Address not disclosed
Santa Cruz, CA 95062,Address not disclosed
Santa Cruz, CA 95062,Address not disclosed
Santa Cruz, CA 95062,Address not disclosed
Santa Cruz, CA 95062,Address not disclosed
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$4,550,000

$4,925,000

7.6%
Est.Price: ?

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Est. payment /mo

0.96 Acres Lot


SOLD DATE : 08/10/2020

Key Details

Sold Price $4,550,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81773743

Sold Date 08/10/20

HOA Y/N No

Year Built 1960

Annual Tax Amount $62,708

Lot Size 0.957 Acres

Property Description

Located in the rare Pleasure Point neighborhood, 909 35th Ave offers an investor the unique opportunity to acquire three separate four-unit buildings on almost one full acre of land. Each four-plex is roughly 3,000 square feet for a total building square foot offering of 9,000 square feet. All of the buildings are identical and offer an attractive unit mix of all two story, two-bed, one-bath units. The units amenities are superb and come equipped with large private fenced backyards, private enclosed garages & hook-ups for washer & dryers. Unlike most apartment buildings, 909 35th Avenue will offer a new investor close to an acre of land which has allowed many tenants to utilize their garages for additional storage or workshops. With Santa Cruz already a strong rental market, the continued strength of the Bay Area and Silicon Valley makes locations like Santa Cruz a more attractive choice for renters who are seeking amenitized units close to the beach, shops & restaurants.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning RM-4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Flat

Total Parking Spaces 16

Schools

School District Other

Others

Tax ID 03203205000

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Fred Rubio • Marcus & Millichap
Bought with Mitchell Zurich • Marcus & Millichap
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