321 2nd ST, Santa Cruz, CA 95060
- $4,175,000
- 5,920
- SqFt
Listed by John Skillicorn, 831-818-1540 from Coldwell Banker Realty
(If provided) CoList: Sean Poudrier from Coldwell Banker Realty
Sold listing courtesy of Sean Poudrier from S0394
- Sold Price
- $4,175,000
- List Price
- $4,500,000
- Closing Date
- Jul 31, 2024
- MLS#
- ML81958891
- Status
- SOLD
- Sqft. of Residence
- 5,920
- Lot Size
- 11,021
- Listing Area
- West Santa Cruz
- Year Built
- 1946
Property Description
Property is located in the Economic Opportunity Zone. Prime Investment Opportunity". This 12-unit apartment building has been in the same family for over 40 years. Currently the tenants have month to month leases. Current rents are below market rates with huge upside potential. There are 11 one-bedroom apartments and 1 studio apartment, private patio decks, many with ocean views including one with a roof top deck with views of the entire bay. Exterior has been freshly painted and a new roof installed in 2023. Close to all amenities including walking distance to the Santa Cruz Boardwalk, beach, wharf, and restaurants. Owner willing to carry.
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Additional Information
- Acres
- 0.25
- Age
- 78
- Building Name
- Anchor Apartments Of Santa Cruz
- Cooling System
- None
- Days On Market
- Unknown
- Floor Covering
- Carpet, Vinyl / Linoleum
- Foundation
- Concrete Perimeter, Crawl Space
- Garage Parking
- Carport, Common Parking Area, Covered Parking, Lighted Parking Area, No Garage, Off-Street Parking
- Heating System
- Electric
- Laundry Facilities
- Coin Operated
- Living Area
- 5,920
- Lot Description
- Views
- Lot Size
- 11,021
- Neighborhood
- West Santa Cruz
- Other Rooms
- Laundry Room, Other
- Other Utilities
- Public Utilities
- Roof
- Bitumen, Flat / Low Pitch
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- View
- City, Ocean View
- Zoning
- Apt 11-20 Units
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