2651 Fresno Street

  • Santa Cruz

  • $2,424,444
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Residential Income Details

Description
Open houses Sat/Sun October 13/14, 1pm-4pm. NOT in rent control area. This building must be sold with 2661 Fresno, listed separately on MLS. Seller open to trade for buyers property as part of transaction. Rare jewel in the heart of the 26th Ave neighborhood, one of the most desirable and largest (.7 acres) properties one short block to one of Santa Cruz's most desirable beaches. One of the highest income/CAP rate investment propertis close to the beach offering amazing pro-forma rents of $3295-$3495 per unit with current signed lease at $3495/month. 8 two bedroom units (this listing for 1 of 2 four unit buildings). All units remodeled, including kitchens/baths, new roofs/windows/sliders/more. Each unit has a large private fenced-in yard for outdoor living, pets, toys plus a large common area for all to use. This property also has 20+ parking spaces, two coin-operated laundry facilities and nine outdoor storage units that all offer extra income potential.
Essential
MLS #ML81727235
Price$2,424,444
Number of Units4
Sale TypeStandard
StatusActive
Listing BrokerageLive Love Santa Cruz
Listing AgentBri Chmel
Listing Agent BRE #01977946
Interior
CoolingNone
HeatingWall Heater
Exterior
ParkingAssigned
Garage Spaces0
RoofingComposition
Community
Area699 - Not Defined
Address2651 Fresno Street
CitySanta Cruz
CountySanta Cruz
StateCA
ZipCode95062
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, October 15, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.