321 2nd Street, Santa Cruz
Santa Cruz Home For Sale
Property is located in the Economic Opportunity Zone. Prime Investment Opportunity". This 12-unit apartment building has been in the same family for over 40 years. Currently the tenants have month to month leases. Current rents are below market rates with huge upside potential. There are 11 one-bedroom apartments and 1 studio apartment, private patio decks, many with ocean views including one with a roof top deck with views of the entire bay. Exterior has been freshly painted and a new roof installed in 2023. Close to all amenities including walking distance to the Santa Cruz Boardwalk, beach, wharf, and restaurants. Owner willing to carry.
Property Details
Additional Information
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- City:
- Santa Cruz
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- County:
- Santa Cruz
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- Zip:
- 95060
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- MLS® #:
- ML81958891
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- Lot Size:
- 0.25
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- School District:
- Other
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- HOA Dues:
- $
Price Change History for 321 2nd Street, Santa Cruz, (MLS® #ML81958891)
| Date | Details | Price | Change |
|---|---|---|---|
| Active Under Contract (from Active) | – | – | |
| Price Reduced (from $4,850,000) | $4,500,000 | $350,000 (7.22%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 8th, 2024 at 2:23pm PDT. 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.