130 Market Street

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Source: California Regional MLS

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ML5099596

Outstanding turnkey fourplex investment opportunity in central Santa Cruz! All units have been tastefully updated and meticulously maintained. The property features 4 separate structures including a beautifully updated 3 bedroom Victorian house, a 2-bedroom cottage, a duplex with 1 bedroom and 3 bedroom units, a separate 4 bay garage building with supplemental living space over the garages, and off-street parking. The large nicely landscaped lot provides ample opportunities for tenants to enjoy outdoor living spaces. Many energy efficiency improvements help keep utility costs low for tenants. Ideal location near downtown with a high walkability score offers tenants easy access to restaurants, shops, Highway 1, the pier, the Boardwalk, and beaches. This is a unique opportunity for an investor looking for a high-quality long-term investment with a strong rental history, very low vacancy rates, and financial upside potential through rent rate increases and the possibility of an ADU conversion per current state and local ADU regulations. The property is also perfect for an owner occupant to reside in a beautiful 3-bedroom, two-bath home while enjoying extra income from the other units, OR for a multi-generational family compound. Bring your investors and owner-occupant clients!

Property Information

Property Details

Location

Address

130 Market Street

County

Santa Cruz

City

Santa Cruz

Zip Code

95060

School District

Other

High School

Harbor

Elementary School

Other

MLS Area

699 - Not Defined

Interior Features

Heating and Cooling

Cooling

None

Heating

Central, Electric, Wall Furnace

Building

Building Information

Square Feet

3,744

Year Built

1908

Foundation

Concrete Perimeter

Roof

Shingle

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

$16,439

130 Market Street, Santa Cruz, CA 95060

Market Report for 95060