319 Jessie St, Santa Cruz-Turnkey Cash Flow in a Supply-Starved Market. At $4,800/month in current rental income, this East Santa Cruz income property is already working for you from day one. Annualized, that's $57,600 in gross rents on a $1,200,000 ask in a coastal California city where vacancy rates stay… Read More historically low and rental demand consistently outpaces supply. The 3-bed, 2-bath single-story home spans 1,475 sq ft on a 5,009 sq ft lot with a 2-car attached garage and parking for up to four vehicles. Long-term tenants are in place, eliminating the typical turnover headache and stabilizing your returns immediately at close. RL zoning adds a layer of upside worth exploring potential for additional density or future development, subject to buyer verification with the City of Santa Cruz. The shared driveway arrangement with neighboring 315 Jessie St. keeps the footprint efficient.Whether you're 1031-exchanging into a low-maintenance hold or anchoring a growing Santa Cruz portfolio, this property delivers the fundamentals: reliable income, a desirable location, and room for long-term appreciation. Read Less
Listed by Coldwell Banker Realty, Paul Zech 831-247-3007
Listing Snapshot
Days Online
58
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,475
Lot Size
0.11 Acres
Year Built
1979
MLS Number
ML82030981
30 Days Snapshot Of 95060
$1.62M
+27%
(avg) sold price
20
+100%
homes sold
43
-44%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5009.40, Max Area Units: Square Feet
Building
Built in 1979, 1,475 square feet, 1,475 living square feet, Building type: Detached
Dining Room
Dining Area in Family Room
Family Room
No Family Room
Fireplaces
1 fireplace (minimum), Wood Stove
Foundation
Concrete Perimeter
Roof
Composition
Cooling
None
Garage
2 garage spaces, Attached Garage
Parking
4 parking spaces
Water Features
Public
Heating
Central Forced Air
Utilities
Public Utilities
Sewer
Sewer - Public
Property
Zoning: R-L, Horse property?: No
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