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817 California St

Santa Cruz CA 95060

4828 sq. ft.
12023 sq. ft.
Other
Currently for sale - view listing

Overview

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 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

Features

4828 sq. ft. floor area
12023 sq. ft. lot size
Other

Property history for 817 California St

2016
Sold
$1,580,000
15 Jan 2016 by Andy Kay, of Sereno

Happy sellers in Santa Cruz

<50%
Less than 50% of sellers in Santa Cruz reported that their sale price either exceeded or met their price expectations.

Santa Cruz stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Santa Cruz over the last 12 months.

Local market activity for other properties in Santa Cruz

In the last 12 months, 19 other properties similar to 817 California St, have been sold.

This represents a 46% increase in other properties sales when compared to the previous 12 months.

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(619) 566-0008
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