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    128 Kennan Street

    Santa Cruz, CA 95060
    • $2,650,000
    • STATUS: Active
    • ON SITE: 190 days
    • ID#: ML81819281
    UPDATED: 33 min ago
    $2,650,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Eight unit investment opportunity. Situated between the mountains and the sea, Santa Cruz is a desirable investment location due to the high rental demand with the expanding University of California, its proximity to Silicon Valley, world class beaches and surf, mountain biking, and a growing tourism industry. Located within a short distance of Downtown Santa Cruz, The Boardwalk, The San Lorenzo Riverwalk, and UCSC. Easy access to Hwy 1 and 17. Building fronts on both Kennan and Hunolt Streets. Many tenants are long term. Coin-op laundry on site. Tenants pay gas and electric. Buy and hold for long term success!

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    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-05-16T11:41:11.277.

    www.stevebhalla.com/homes/111692260
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    128 Kennan Street Santa Cruz, CA 95060

    • Price: $2,650,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: ML81819281
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1965
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Cruz
    Area:
    All Other Counties/States
    Property Description
    Eight unit investment opportunity. Situated between the mountains and the sea, Santa Cruz is a desirable investment location due to the high rental demand with the expanding University of California, its proximity to Silicon Valley, world class beaches and surf, mountain biking, and a growing tourism industry. Located within a short distance of Downtown Santa Cruz, The Boardwalk, The San Lorenzo Riverwalk, and UCSC. Easy access to Hwy 1 and 17. Building fronts on both Kennan and Hunolt Streets. Many tenants are long term. Coin-op laundry on site. Tenants pay gas and electric. Buy and hold for long term success!
    Exterior Features

    Parking Spaces Total 8

    Interior Features

    All Units Have Refrigerator Bedrooms Unit1 1 Bedrooms Unit2 2 Cooling None Heating Wall Furnace Laundry Coin Operated

    Property Features

    Annual Gross Sched Income 156660 Annual Taxes 8479 Annual Utility Expense 0 Building Type Other City Transfer Tax No Hoa YN No Net Operating Income 142721 Operating Expenses Trash RemovalWater Rent Unit1 1170 Rent Unit2 1685 Tenant Pays Electric Tot Bldg Sq Ft 4647 Water Sewer Sewer System - PublicWater - Public Zoning Apt

    Listing courtesy of Peter Cook of Lighthouse Realty.


    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-05-16T11:41:11.277.

     
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