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Listed by Mitchell Zurich • Marcus & Millichap, DRE#01870648
$3,300,000
Est. payment /mo
3 Beds
2 Baths
5,756 SqFt
New
Clay ST Santa Cruz, CA 95060
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,756 sqft
Price per Sqft $573
MLS Listing ID ML82062896
Bedrooms 3
Full Baths 2
Year Built 1964
Lot Size 0.321 Acres
Property Sub-Type Five or More Units
Property Description
119 Clay Street is a 10-unit apartment property in Santa Cruz listed at $3,300,000, or $330,000 per unit. Situated on a 0.32-acre lot, the property consists of (8) one bedroom and (2) two bedroom apartments. At a current 5.03% cap rate and 12.18 GRM, it offers existing income with room to grow rents. Additional information available upon request.
Location
State CA
County Santa Cruz
Area East Santa Cruz
Zoning RM
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Carport
Utilities Available Individual Electric Meters
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 007-402-13-000
Security Features None
Special Listing Condition Not Applicable
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