Address
816 Riverside AVE SANTA CRUZ, CA
Price
$ 2,650,000
Property Attributes
  • MLS#ML81811329
  • TypeMulti-Family
  • CountySANTA CRUZ
  • CitySANTA CRUZ
  • AreaEast Santa Cruz
  • Zip95060
  • StyleTraditional
  • Price$ 2,650,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4070
  • Lot Size8,146 SqFt
Listing Provided Courtesy Of:
Datta Khalsa with Main Street Realtors.
Property Description

5 townhouse style units, each with its own enclosed private patio on a peaceful garden setting with old growth landscaping plus a large back patio common area and bonus triangular area adjoining the rear alley with common areas fully lit at night. Located on the quiet section of Riverside dotted with Victorians, walking distance to the shops and restaurants of downtown Santa Cruz. Built and designed by Holcomb to condominium standards in 1976 with double-framed walls to divide them, individual water heaters and separate water shutoff valves for each. Includes 48 SF storage and 54 SF laundry room, plus 5 covered and 5 open parking spaces. The property has been held in the same family for over two decades, during which time they have faithfully maintained the buildings and updated each unit as they turn over. This is a rare opportunity to acquire a heritage property with good bones and solid cash flow, and the Seller will consider financing as an installment sale with 1/3 down payment.

Price History
9/18/2020 Listed $2,650,000

Amenities

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

Property vs Zip Code Average in 95060

Price
AVG $2.98M
$2.65M
Visits
AVG 13
14
Year Built
AVG 1952
1976

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