Address
803 Pacific AVE Santa Cruz, CA
Price
$ 3,099,000
Property Attributes
  • MLS#ML81840804
  • TypeMulti-Family
  • CountySANTA CRUZ
  • CitySanta Cruz
  • AreaWest Santa Cruz
  • Zip95060
  • Style
  • Price$ 3,099,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6068
  • Lot Size5,053 SqFt
Listing Provided Courtesy Of:
Derek Timm with Montalvo Homes & Estates.
Data Source:
MLSListings - 40 - CA
Property Description

Excellent investment opportunity- Income property fronting Pacific Garden Mall in Santa Cruz- long term high value location in the heart of Downtown Santa Cruz. 7 residential units and 2+ commercial units. 4.5 CAP Rate. KEY FEATURES: Parcels in New Downtown Plan with Up-zoning allowing for much denser development; Opportunity Zone offering tax advantages; Across from approved mixed use project that is under construction (see photos); Within City parking district, so parking requirements may be met offsite.

Price History
4/26/2021 Listed $3,099,000

General Features

# of Buildings 1
Accessibility None
Age 123
City SANTA CRUZ
City Limits (y/n) Yes
Construction Materials Wood Frame
Cooling None
County Santa Cruz
Heating Radiant
Incorporated Y/n Yes
Listing Agent State License 01386067
MLS Area West Santa Cruz
Property SubType Five or More Units
Property Type Commercial Multi-Residential (5+ units)
Restrictions None
Roof Composition
Security Features None
Special Listing Conditions Not Applicable
Status Active
Utilities Public Utilities
View City Lights, Downtown
Water Public
Year Built 1898
Zoning Text See Downtown Plan

Interior Features

Living Sqft 6068
Unit 1 Rent 1150
Unit 2 Approx Square Footage 2400
Unit 3 Approx Square Footage 640

Exterior Features

Building Area Total 6068
Foundation Details Combination
Lot Acres 0.1160
Lot Description Grade - Mostly Level
Lot Size Area 5053.00
Lot Size Units Square Feet
Maximum Lot Size 5053.00
Meters Master Electric, Master Gas, Master Water
Parking Features On Street
Sewer/Septic Sewer - Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 95060

Price
AVG $3.15M
$3.1M
Visits
AVG 80
45
Year Built
AVG 1899
1898
Walkscore
AVG 92
97
Data Provided by Walkscore ® not using MLS data

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