CA > Santa Cruz
Santa Cruz, CA 95062,1450 Merrill ST
Santa Cruz, CA 95062,1450 Merrill ST
Santa Cruz, CA 95062,1450 Merrill ST
Santa Cruz, CA 95062,1450 Merrill ST
Santa Cruz, CA 95062,1450 Merrill ST
Santa Cruz, CA 95062,1450 Merrill ST
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YHSGR Corporate

YHSGR Corporate

+1(678) 327-4255
Listed by Paul Bailey • Bailey Properties
$ 3,600,000
Est. payment | /mo

6 Beds

4 Baths

4,260 SqFt

Save
$ 3,600,000
Est. payment | /mo
Save

6 Beds

4 Baths

4,260 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,260 sqft

Price per Sqft $845

MLS Listing ID ML82010023

Style Traditional

Bedrooms 6

Full Baths 4

Year Built 1956

Lot Size 0.298 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

This well-maintained 9-unit multifamily complex is an excellent cash-flow opportunity to acquire a stable, long-term asset in a desirable coastal market with a strong rental history. Features 3 separate buildings: a front house with #A (2/1) and #B (1/1); a standalone #C (2/1); and a 6-unit apartment building (1/1). Beautifully landscaped with two outdoor areas, on-site parking, and leased, coin-operated laundry. Prime mid-county location - walking distance to the beach and near Pleasure Point surf and Capitola Village. Close to public transit, shops, and restaurants. 5 %+ cap rate based on current performance. Potential for value-added improvements that can increase rental income over time. Schedule a showing today!

Location

State CA

County Santa Cruz

Area Live Oak

Zoning RM-2.5

Rooms

Kitchen Cooktop - Electric, Cooktop - Gas, Countertop - Laminate, Hood Over Range, Oven - Built-In, Oven - Electric, Oven - Gas

Interior

Heating Wall Furnace , Other

Cooling None

Flooring Carpet, Vinyl / Linoleum

Laundry Coin Operated

Exterior

Parking Features Covered Parking

Garage Spaces 6.0

Utilities Available Public Utilities

View None

Roof Type Rolled Composition,Shingle,Tar and Gravel

Building

Lot Description Grade - Level

Foundation Concrete Slab, Crawl Space

Sewer Sewer - Public

Water Public

Architectural Style Traditional

Others

Tax ID 027-273-02-000

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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agent
YHSGR Corporate

Broker

+1(678) 327-4255

435 E. Main Street, Buford, Georgia, 30518, USA

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1450 Merrill ST