Address
128 Kennan ST Santa Cruz, CA
Price
$ 2,650,000
Property Attributes
  • MLS#ML81819281
  • TypeMulti-Family
  • CountySANTA CRUZ
  • CitySanta Cruz
  • AreaEast Santa Cruz
  • Zip95060
  • Style
  • Price$ 2,650,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4647
  • Lot Size6,665 SqFt
Listing Provided Courtesy Of:
Peter Cook with Lighthouse Realty.
Data Source:
MLS Listings
Property Description

Eight unit investment opportunity. Situated between the mountains and the sea, Santa Cruz is a desirable investment location due to the high rental demand with the expanding University of California, its proximity to Silicon Valley, world class beaches and surf, mountain biking, and a growing tourism industry. Located within a short distance of Downtown Santa Cruz, The Boardwalk, The San Lorenzo Riverwalk, and UCSC. Easy access to Hwy 1 and 17. Building fronts on both Kennan and Hunolt Streets. Many tenants are long term. Coin-op laundry on site. Tenants pay gas and electric. Buy and hold for long term success!

Price History
11/7/2020 Listed $2,650,000

General Features

# of Buildings 1
Accessibility None
Age 56
City SANTA CRUZ
City Limits (y/n) Yes
Complex Name Text Palmer Place
Cooling None
County Santa Cruz
Heating Wall Furnace
Listing Agent State License 01223810
MLS Area East Santa Cruz
Parking Features Off-Street Parking
Property SubType Five or More Units
Property Type Commercial Multi-Residential (5+ units)
Restrictions Pets - Not Allowed
Roof Flat / Low Pitch
Security Features None
Special Listing Conditions Not Applicable
Status Active
Utilities Public Utilities
Water Public
Year Built 1964
Zoning Text APT

Interior Features

Laundry Features Coin Operated
Living Sqft 4647
Unit 1 Rent 1170
Unit 2 Number Of Bedrooms 2

Exterior Features

Building Area Total 4647
Foundation Details Concrete Slab
Lot Acres 0.1530
Lot Size Area 6665.00
Lot Size Units Square Feet
Maximum Lot Size 6665.00
Meters Separate Electric
Parking Spaces 8
Sewer/Septic Sewer - Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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 $3.29M
$2.65M
Visits
AVG 40
57
Year Built
AVG 1922
1964
Walkscore
AVG 89
84
Data Provided by Walkscore ® not using MLS data

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