120-124 Hiawatha Ave, SANTA CRUZ, 95062

Multi-Residential - Five or More Units For Sale

$5,690,000

Beds
Baths
7,840Sqft
.67Acres
1947Built
MLS® #: ML81802282
Active

Property offers an owner-occupant/investor rare opportunity to acquire a single parcel approx 2/3 of an acre w/two buildings, in a historically strong rental market with low vacancy levels. Makena Court is a community of (14) 1 bed/1 bath units most w/ private gated patios, onsite laundry and onsite parking. Recent improvements include: 6 fully renovated units, New exterior paint, New garage door (120/124) New patio fences for patio apartments, new exterior doors for all apartments and house, major repairs to parking lot & restripe, upgraded low-mtc landscaping, completion of sewer lateral inspection & repairs. Makena House is a 3BR/2BA SFR & shows beautifully w/updated kitchen (stainless steel appliances), new lighting & flooring throughout, new interior paint, doors, hardware, bedroom ceiling fans, dedicated laundry room w/washer/dryer, private garage & large outdoor deck. Minutes from Seabright State Beach, Santa Cruz Boardwalk, the Wharf, Santa Cruz Harbor and Capitola.

Essential Information

MLS® #: ML81802282
Price: $5,690,000
Square Footage: 7,840
Acres: 0.67
Year Built: 1947
Type: Multi-Residential
Sub-Type: Five or More Units
Status: Active

Community Information

Address: 120-124 Hiawatha Ave
Area: East Santa Cruz
City: SANTA CRUZ
County: Santa Cruz
State: CA
Zip Code: 95062

Amenities

Utilities: Public Utilities
Parking Spaces: 14

Interior

Heating: Gas Heat
Cooling: No Cooling

Exterior

Roof: Rolled Composition
Foundation: Crawl Space

Additional Information

Zoning: RM

Listing Details

Listing Agent: Eduardo Cerna
Listing Office: Eduardo Cerna, Broker

Financials

$/SqFt: $726

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