817 California ST, Santa Cruz, CA 95060
817 California ST, Santa Cruz, CA 95060
817 California ST, Santa Cruz, CA 95060
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Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Sam Bird-Robinson • Compass, DRE#01901727
$3,725,000
Est. payment /mo
16 Beds
8 Baths
4,828 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 4,828 sqft

Price per Sqft $771

MLS Listing ID ML82042938

Bedrooms 16

Full Baths 8

Year Built 1973

Lot Size 0.276 Acres

Property Sub-Type Multiple Dwellings / Structures

Property Description

5% CAP!!! 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

Location

State CA

County Santa Cruz

Area West Santa Cruz

Zoning Multifamily

Interior

Heating Central Forced Air - Gas

Cooling None

Flooring Laminate, Vinyl / Linoleum

Exterior

Parking Features Off-Street Parking

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Rolled Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 006-481-33-000

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate License ID: 02024903

Broker Associate License ID: 02024903

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817 California ST

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Josh Yoo.

As a Bay Area native and Top 1% real estate advisor, Josh brings local expertise, strategic guidance, and personal support to help you buy with confidence in a competitive market.