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$2,000,000 Pending Show For Backups

505 Walnut Avenue
Santa Cruz, CA 95060

Multi Family Home
10019 sq ft - MLS# ML81697386
Property Photo
1/20

Description

Fabulous multiunit opportunity in the heart of Santa Cruz. Neat and clean with ample parking and centrally located, this property includes a triplex, each unit containing 2bed/1bath, and are large in size. There is also a charming 3bed/1bath Craftsman house, which also includes a 1bed/1bath studio above. An amazing opportunity to live in one and rent the others, or ideal for 1031 exchange investors.

Features

  • # of Parking Spaces: 7
  • Age: 92
  • Annual Gross Sched Inc: 141000
  • Annual Taxes: 2098
  • Annual Util Exp: 1020
  • Apx Lot Sq Ft: 10062
  • Cap Rate: 5.82
  • County/Area: Santa Cruz County
  • Heating: Wall Furnace
  • Listing Status: Pending Show For Backups
  • Lot Size: 0.2300
  • Net Oper Income: $116,472
  • On-Site Parking Desc: Guest Parking, Parking Area
  • Operating Expenses: Insurance, Vacancy Factor
  • Parking Spaces: 7
  • Property Type: Multi Family Home
  • Roof: Composition Shingles
  • Sq.Ft.: 2754
  • Sub Type: Multi Family Home
  • Tenant Pays: Electric, Gas
  • Unit # 1 # Of Bedrooms: 3
  • Unit # 2 # Of Bedrooms: 1
  • Unit # 3 # Of Bedrooms: 2
  • Unit # 4 # Of Bedrooms: 2
  • Unit # 5 # Of Bedrooms: 2
  • Water/Sewer: Sewer System - Public, Water - Public
  • Year Built: 1926
  • Zip Code: 95060
  • Zoning: Apt

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1-844-746-6777
Pacific Realty Partners
6537 Thornton Avenue
Newark, CA 94560
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ABOUT PACIFIC REALTY PARTNERS

Over the years, Pacific Realty Partners have helped plenty of clients and partners realize their real estate projects. Our company is a real estate brokerage firm licensed in the state of California BRE#: 01859043.

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