816 Riverside AVE, Santa Cruz, CA 95060
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You'll be proud to own this incredible Santa Cruz investment property.Long time owner will consider financing w 30 %+ down payment at UNDER MARKET 5% interest rate.Very well built/maintained 5 plex,close to vibrant downtown,UCSC-convienent for students,beaches on quiet one way street surrounded by period Victorians.Units are town home style with private fenced yards and patios,separate wtr heaters and more. Ample off-street parking-2/unit. Current rents are competitive but should allow income growth and upside potential for next owner. Income represents 2022 reported from property manager-showing property potential. Current annualized 2024 rent roll $181,512. Expenses from 2023 P/L from PM.
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Features
Additional Rooms | Laundry Room, Storage |
Cooling | None |
Flooring | Carpet, Vinyl / Linoleum |
Foundation | Concrete Perimeter and Slab |
Garage Parking Features | Carport, Covered Parking, Off-Street Parking |
Heating | Electric |
Kitchen | Exhaust Fan, Oven Range - Electric, Refrigerator |
Laundry | Coin Operated |
Roof | Composition |
Sewer Septic | Sewer - Public |
Subclass | 701 |
Water | Public |
Yard/Grounds | Back Yard, Low Maintenance |
Community Info
Local Schools | |
Local Utilities | Recreation |
Restaurants | Home and Garden |
Schools
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Updated on 9/7/2024