Santa Cruz, CA 95060,230 Felix ST
Santa Cruz, CA 95060,230 Felix ST
Santa Cruz, CA 95060,230 Felix ST
Santa Cruz, CA 95060,230 Felix ST
Santa Cruz, CA 95060,230 Felix ST
Santa Cruz, CA 95060,230 Felix ST
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$4,830,000

$5,195,000

7.0%
Est.Price: ?

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Est. payment /mo

0.39 Acres Lot


SOLD DATE : 09/26/2022

Key Details

Sold Price $4,830,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81898344

Sold Date 09/26/22

HOA Y/N No

Year Built 1963

Annual Tax Amount $57,273

Lot Size 0.389 Acres

Property Description

Located at 230 Felix Street in central Santa Cruz, the preeminent beach city in the Bay area, Brookwood Apartments represents a rare opportunity to acquire a pride of ownership apartment complex just two miles from the ocean. The current ownership are also the original 1963 developers of the property and have never before offered it for sale to the public. The property boasts a considerable net rentable square footage of 11,274 (per county records) and is situated on a large 16,945 square foot lot (per county customs). With an attractive unit-mix of eight two bedroom/one-bath, four one-bedroom/one-bath, and two studio units totaling 14-units, the property has enjoyed historical high occupancy rate and 100% rent collections through covid-19.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 14

Roof Type Composition

Building

Water Public

Schools

School District Other

Others

Tax ID 00403121000

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jimmy Castellanos • Marcus & Millichap
Bought with RECIP • Out of Area Office
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