816 Riverside AVE, Santa Cruz, CA 95060
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.
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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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be,verified by broker or MLS.
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Updated on 9/7/2024
Property Information
- MLS:
- ML81972858
- Type:
- 701
- Year Built:
- 1976
- Listed:
- 7/11/2024
- Interior:
- 4,070
- Lot Size:
- 8,146
- Schools:
- GS Dist: Santa Cruz City Elementary District
HS Dist: Santa Cruz City High District
SP: $2,790,000 LP: $2,790,000 Santa Cruz,95062 | |
SP: $2,775,000 LP: $2,850,000 Santa Cruz,95060 |
 | LP: $2,585,000 Santa Cruz,95060 |
All information furnished regarding property for sale, rental, comparables or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.