$4,550,000
$4,925,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Santa Cruz, CA 95062
9,564 SqFt
Key Details
Sold Price $4,550,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,564 sqft
Price per Sqft $475
MLS Listing ID ML81773743
Sold Date 08/10/20
HOA Y/N No
Year Built 1960
Annual Tax Amount $62,708
Lot Size 0.957 Acres
Property Description
Located in the rare Pleasure Point neighborhood, 909 35th Ave offers an investor the unique opportunity to acquire three separate four-unit buildings on almost one full acre of land. Each four-plex is roughly 3,000 square feet for a total building square foot offering of 9,000 square feet. All of the buildings are identical and offer an attractive unit mix of all two story, two-bed, one-bath units. The units amenities are superb and come equipped with large private fenced backyards, private enclosed garages & hook-ups for washer & dryers. Unlike most apartment buildings, 909 35th Avenue will offer a new investor close to an acre of land which has allowed many tenants to utilize their garages for additional storage or workshops. With Santa Cruz already a strong rental market, the continued strength of the Bay Area and Silicon Valley makes locations like Santa Cruz a more attractive choice for renters who are seeking amenitized units close to the beach, shops & restaurants.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning RM-4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 16
Schools
School District Other
Others
Tax ID 03203205000
Financing Conventional
Special Listing Condition Standard
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Bought with Mitchell Zurich • Marcus & Millichap