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3 for 1 Beachtown Moneymaker!
348-352 Soquel Avenue, Santa Cruz, CA 95060
3 Units | Multifamily
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 5,400 SF
- Property Type:
- Property Sub-type:
- Duplex/ Triplex/ Fourplex
- Property Use Type:
- Commission Split:
- Cap Rate:
- Gross Rent Multiplier:
- No. Stories:
- Year Built:
- Lot Size:
- 8,100 SF
- APN / Parcel ID:
- Parking Ratio:
- 2 / 1,000 SF
- Listing ID
- Last Updated
- 63 days ago
- Three stand-alone townhome Casas on one Parcel
- Amazing income generator
- Stated income based on year-round student rental
- Additional Income Stream from Summer Vacation Rentals
- Condo Map Recorded so can be individually sold or encumbered
- Pride of Ownership meets Pride of Cashflow!
Welcome to a truly unique group of homes, distinguished by colorful southwestern architecture and high-end interior appointments. Visiting one of these stand-alone townhome Casas you could easily think you were in Santa Fe.
The Casas are ideal for use as vacation or student rentals. This Summer, 350 and 352 Soquel Avenue are booked for $350/night during July and August, bringing in appoximitely $25,000 in rents. Student rentals bring in up to $700 per student per month and, with their versatile floor-plans, each home comfortably accommodates up to six students.
Condo map recorded on property allows each townhouse to be individually owned and/or encumbered. All are being sold as a single package.
Located in the heart of the hotel and tourism district, a few blocks from downtown Santa Cruz, or a 5-minute jog down the scenic river walk to the Main Beach and Boardwalk.
Map of 348-352 Soquel Avenue, Santa Cruz, CA 95060 (Santa Cruz County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P