2651 Fresno St, Santa Cruz, CA 95062

$4,775,000
6,656
SqFt
List Price
$4,775,000
MLS#
ML81745509
Status
ACTIVE
Sqft. of Residence
6,656
Lot Size
29,882
Listing Area
Live Oak
Year Built
1970

Property Description

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!

Additional Information

Acres
0.686
Age
49
Cooling System
None
Foundation
Concrete Perimeter and Slab, Concrete Slab
Garage Parking
Assigned Spaces
Heating System
Wall Furnace
Living Area
6,656
Lot Size
29,882
Neighborhood
Live Oak
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Special Features
Wheelchair Access
Unincorporated Yn
Yes
Zoning
RM-5

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Bri Chmel from Live Love Santa Cruz

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