2651 Fresno St, SANTA CRUZ, 95062

Multi-Residential - Five or More Units For Sale

$4,745,000

Beds
Baths
6,656Sqft
.69Acres
1970Built
MLS® #: ML81727253
Active

PROPERTY APPRAISED FOR $4,985,950. Listed OVER 200k BELOW RECENT APPRAISAL! With our lending options, potentially BUY WITH AS LITTLE AS 10% DOWN! NOT in rent control area. Seller open to owner finance or trade for buyers property. Bridge financing available up to 12 mo at competitive terms. Rare jewel in the heart of the 26th Ave neighborhood, one of the most desirable and largest (.7 acres) properties one short block to one of Santa Cruz's most desirable beaches. One of highest income/CAP rate investment properties near beach offering amazing rent income potential at $3295-3495/month. 8 two bedroom units all remodeled, including kitchens/baths, new roofs/windows/sliders/more. Each unit has a large private fenced-in yard for outdoor living, pets, toys plus a large common area for all to use. This property also has 20+ parking spaces, two coin-operated laundry facilities and nine outdoor storage units that all offer extra income potential.

Price & Status History

Date Details
Price Reduced from $4,750,000 to $4,745,000
Price Reduced from $4,848,000 to $4,750,000
Price Reduced from $4,848,888 to $4,848,000
Status Changed from Contingent to Active
Status Changed from Active to Contingent

Essential Information

MLS® #: ML81727253
Price: $4,745,000
Square Footage: 6,656
Acres: 0.69
Year Built: 1970
Type: Multi-Residential
Sub-Type: Five or More Units
Status: Active

Community Information

Address: 2651 Fresno St
Area: Live Oak
City: SANTA CRUZ
County: Santa Cruz
State: CA
Zip Code: 95062

Amenities

Utilities: Public Utilities
Parking Spaces: 12

Interior

Heating: Wall Furnace
Cooling: No Cooling

Exterior

Roof: Composition Roof
Foundation: Concrete Slab, Concrete Perimeter & Slab

Additional Information

Zoning: RM-5

Listing Details

Listing Agent: Bri Chmel
Listing Office: Live Love Santa Cruz

Financials

$/SqFt: $713

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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
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