Professionally managed UCSC rental opportunity with a phenomenal investment profile. This property features four 1,207 Sq. Ft. 4-Bed/2-Bath units, totaling 16 Bedrooms and 8 Bathrooms across 4,828 Sq. Ft. Benefit from an established rental history, very low vacancy rate, Total Operating Income of nearly $275K/year and a strong Net Operating… Read More Income (NOI) of $191K/year. Competitive financing is streamlined with SFR options available. Key features that maximize tenant appeal and minimize owner overhead include: on-site laundry, off-street parking, and 4 separate water and gas meters. The location is unbeatable for student renters, situated directly on the UCSC bus line corridor with quick access to campus and Downtown Santa Cruz. Don't miss this rare chance to secure a high-performing asset in a consistently robust rental market. All units are 4 Bed / 2 Bath Read Less
Listed by Compass, Sam Bird-Robinson 831-515-6060
Listing Snapshot
Days Online
4
Last Updated
Property Type
Multiple Dwellings / Structures
Square Ft.
4,828
Lot Size
0.28 Acres
Year Built
1973
MLS Number
ML82042938
30 Days Snapshot Of 95060
$1.93M
+8%
(avg) sold price
21
+10%
homes sold
21
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 12023.00, Max Area Units: Square Feet
Unit One
4 bedrooms in unit 1, Unit 1: approximately 1,207 square feet, Unit 1 rent: $5,600
Unit Two
4 bedrooms in unit 2, Unit 2: approximately 1,207 square feet, Unit 2 rent: $4,865
Unit Three
4 bedrooms in unit 3, Unit 3: approximately 1,204 square feet, Unit 3 rent: $5,700
Unit Four
4 bedrooms in unit 4, Unit 4: approximately 1,205 square feet, Unit 4 rent: $5,700
Accessibility Features
None
Building
Built in 1973, 1 building, 4,828 structure square feet
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