108 Sycamore Street, Santa Cruz, CA, 95060 - Available for Sale

Multifamily For Sale

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Downtown Moneymaker 5-Plex

108 Sycamore Street, Santa Cruz, CA 95060

$699,000

5 Units | Multifamily

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Chic Downtown Units

Multifamily Property For Sale - In Contract

Price:
$699,000
No. Units:
5
Building Size:
2,400 SF
Price/Unit:
$139,800
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
5%
Gross Rent Multiplier:
10.60
No. Stories:
2
Year Built:
1936
Lot Size:
4,835 SF
APN / Parcel ID:
005-172-011
Listing ID
14740852
Last Updated
11 days ago

Find Out More...

Highlights

  • Stable Tenants
  • Walking distance to Downtown
  • Good Income
  • Recent Upgrades
  • Walking Distance to Beach

Description

JUST REDUCED FOR QUICK SALE!!!
Chic Downtown Santa Cruz Units. Custom painted w/old world flair by muralist David Talbot.
Upgrades include dual pane windows, new paint, floors in most units. Good Income; earns over $65K/year. Stable Tenant Base.

Within walking distance to beach, famous Santa Cruz Beach Boardwalk and restaurants.

Financial Summary

Unit Mix Information

  • Actual
  • $57,240
  • $58,440
  • $35,018

Map of 108 Sycamore Street, Santa Cruz, CA 95060 (Santa Cruz County)

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Datta Khalsa
Datta Khalsa

Hands-on involvement in all phases of Real Estate Sales & Leasing

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License #01161050

Asking Price Index Trends for Santa Cruz, CA Multifamily For Sale

  Jun 14 vs. 3 mo.
prior
Y-O-Y
-
State
$153,884+4.3%+9.7%

View Santa Cruz Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 8/8/2006
Downtown Moneymaker 5-Plex
  • Multifamily
  • $699,000
  • 5 Units
  • 2,400 SF