PROPERTY 1 BLOCK TO THE BEACH/OCEAN NOW BEING SOLD FULLY LEASED WITH WELL OVER $300,000 ANNUAL INCOME! APPRAISED JUST UNDER $5,000,000. NO RENT CONTROL! BUY WITH AS LITTLE AS 10% DOWN! Seller Open to TRADE/BUY OTHER PROPERTY as part of deal or OWNER FINANCE. Bridge Financing Options Available at Very Competitive Terms if Needed. Property is a Rare Jewel in the heart of the 26th Ave neighborhood Near Beach/Ocean w/ 6600+ Sq Ft of Living Space on HUGE .7 Acre Lot. Amazing Financials in an Incredible Location! Investor Buyers can Enjoy Huge Returns for Years to Come or Keep Unit(s) for their Own & Family/Friend Use As Vacation Home in Future. All 8 Units Beautifully Remodeled & Being Sold w/ Leases Up to $3495/Month. Each Unit has Large Private Fenced-in Yards for Outdoor Living, Pets, Toys & Large Common Area as Well. 20+ parking spaces, 2 Coin-Operated Laundry Facilities & Extra Outdoor Storage that Offer Extra Income as Well!
Listing courtesy of Bri Chmel from Live Love Santa Cruz
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