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817 California Street, Santa Cruz, CA 95060

16 Bed Multi-Family Home For Sale

817 California Street, Santa Cruz, CA 95060 House For Sale - MLS #52169169
$2,895,000
16
Multi-Family
4 Family
This listing is courtesy of Datta Khalsa from Main Street Realtors.

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Property Description for 817 California Street, Santa Cruz, CA 95060

Solid 4-plex with 11.6 GRM. Large 4 BR/2Bth floor-plans allow high density occupancy. Rents are reflective of this property's unique value proposition offering sleeping quarters that favorably compare with the dorms at UCSC, with each bedroom enjoying direct access to a Jack and Jill bathroom instead of dorm restrooms down the hall. Students love the location walking distance to downtown with convenient access to bus transportation to the University. Strong track record of premium rents and reliable low turnover schedule with minimal vacancy. With dorm costs continuing to escalate in the face of planned expansion of student population with limited addition of on-campus housing, this property is ideally positioned to insulate its owners against possible effects of rent control! Durable upgrades throughout including new roof, stainless appliances, granite counters and laminate floors. Owner invested over $350K rehab costs to make this the ideal low-maintenance, high cash-flow property.

Interior Details

Exterior Details

0.55 acres
24,045 sq. ft.

Other Details

52169169
1973
$20,630
Santa Cruz

Units Description

Unit #1
Living Area: 1,214 sq. ft.      Bedrooms: 4      Rent: $5,415     

Unit #2
Living Area: 1,214 sq. ft.      Bedrooms: 4      Rent: $5,415     

Unit #3
Living Area: 1,200 sq. ft.      Bedrooms: 4      Rent: $4,900     

Unit #4
Living Area: 1,200 sq. ft.      Bedrooms: 4      Rent: $4,900     

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Courtesy of Datta Khalsa from Main Street Realtors


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Town Description

Prior to the arrival of Europeans in the eighteenth century, Santa Cruz was home to the nomadic Ohlone Native Americans. [edit] Mission and Pueblo period

In 1769 the Spanish explorer Gaspar de...

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