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Key Details
Sold Price $2,075,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $768
MLS Listing ID ML81692295
Sold Date 06/01/18
HOA Y/N No
Year Built 1938
Annual Tax Amount $28,740
Lot Size 5,619 Sqft
Property Description
PRICE REDUCTION...NO RENT CONTROL...Remodeled 4 Unit Property in the Prestigious Area of Depot Hill in Capitola...one of the most desirable areas in Santa Cruz County...steps from the ocean and Capitola Village. The property offers so much to Buyers including...4 beautifully remodeled units totaling approximately 2700 sq.ft. consisting of one 2 bedroom unit and three 1 bedroom units...each unit has some combination of yard and/or deck in addition to a common yard area...there are 8 parking places on the property(2 tandem parking places per unit)...Projected Rental Income over $10K per month. This property is a great fit for many types of Buyers including 1. Buy and Hold Investors 2. Buyers looking for second home for themselves while the other units generate income 3. Multi-Generational Living Situations. Financials included in this listing are Pro Forma.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning Multi unit
Interior
Cooling None
Flooring Carpet, Tile
Fireplace No
Appliance Disposal, Refrigerator, Range Hood
Laundry None
Exterior
Utilities Available Other
View Y/N Yes
View Ocean
Roof Type Composition
Accessibility None
Total Parking Spaces 8
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Schools
Middle Schools Other
School District Other
Others
Tax ID 03612306000
Financing Cash
Special Listing Condition Standard
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Bought with Holly Ma • David Lyng Real Estate