$3,600,000
bedrooms
11
bathrooms
0
square feet
4,260
Acreage
0.298
Open Houses
-
year built
1956
Full Baths
0
Half Baths
0
This well-maintained 9-unit multifamily complex is an excellent cash-flow opportunity to acquire a stable, long-term asset in a desirable coastal market with a strong rental history. Features 3 separate buildings: a front house with #A (2/1) and #B (1/1); a standalone #C (2/1); and a 6-unit apartment building (1/1). Beautifully landscaped with two outdoor areas, on-site parking, and leased, coin-operated laundry. Prime mid-county location - walking distance to the beach and near Pleasure Point surf and Capitola Village. Close to public transit, shops, and restaurants. 5 %+ cap rate based on current performance. Potential for value-added improvements that can increase rental income over time.
| Location | |
| Subdivision | - |
| County | Santa Cruz |
| Elementary School | - |
| Middle School | - |
| High School | - |
Exact location data not provided
Open houses
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MLS number: ML82010023
Listing status: Active
Listing agent:
Paul Bailey
#00546781
Listing broker:
Bailey Properties
(831) 688-7434
Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Monday, July 14 2025 at 5:33 p.m. EDT
Kotohomes National