Comm Ri Multi-units 5+ For Sale
4,484 Sqft - 618 Windsor Street, SANTA CRUZ, California 95062
Property Description
REDUCED $400K- Seabright is Calling! Built NEW in 2018 this is a great 5 unit long-term investment property or incredible multi-generational compound. Stunning Craftsman style 3 bedroom 2 bath home with its own private garage and great designer touches PLUS 4 units behind. ONE 2 bedroom- 1 bath unit and THREE units each with 1-bedroom and 1-loft bedroom- 1 baths. All 5 units have their own private garages & many designer upgrades. Each unit was built with attention to detail: stylish kitchens with stainless steel appliances & stone counters; private laundries; contemporary bathrooms; & tons of light. Great use of space & thoughtful design. Excellent condition of property attracts high quality tenants- generating nearly $180,000 in gross annual income- with all units separately metered gas, water & electric. Fantastic location- 4 blocks to Lillians Italian Kitchen, 5 blocks to Seabright Brewery & 10 blocks to Seabright beach. Don’t miss Opportunity. Do not disturb tenants please.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81838705
Price : $4,099,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,484 Sqft
Year Built : 2018
Lot Area : 0.21 Sqft
Features
Heating System : Forced Air 1 Zone, Wall Furnace
View : Hills
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Cruz
City : SANTA CRUZ
Zipcode : 95062
Street : Windsor Street
Street Number : 618
Floor Number : 0
Longitude : W123° 59' 25.9''
Latitude : N36° 58' 26.8''
MLS Addon
Office Name : Montalvo Homes & Estates
Building Type : Other
Area : East Santa Cruz
Address : 618 Windsor Street
Cross Street : Seabright Ave
Directions to Property : Take Seabright Ave toward the b
LA1User Code : MLL146302
LA1Agent First Name : Derek
LA1Agent Last Name : Timm
Status Category : Sold
Tot # Parking Spaces : 2
Tot # of Units : 5
Zoning : Mult
List $/SqFt : $0
Age : 3
Apx Lot Sq Ft : 9,017 Sqft
Type of Building : Apt Complex
Annual Taxes : $47,000
Total Deposits : $0
ALL UNITS HAVE : Dishwasher, Refrigerator, Updated Baths, Updated Kitchen
EQUIPMENT ADDITIONAL : Fire Alarm System, Tankless Water Heater
EXTERIOR : Dual Pane Windows
ON-SITE PARKING DESC : Attached Garage
TENANT PAYS : Electric, Gas, Water, Trash
WATER/SEWER : Sewer System - Public
ENERGY SAVING FEATURE : Low Flow Toilet, Ceiling Insulation, Thermostat Controller, Energy Star Lighting, Energy Star Appliances
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.1
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $4,495,000
Sold Price : $3,800,000
Previous Price : $0
Concessions : Buyers agent contributed $25k toward clo
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 178560
Net Oper Income : 127040
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 0
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 22.96
Buyer Agent DRE Num. : 01868571
List Agent DRE Num. : 01386067
Filtered Address : 618 Windsor ST
LA1Agent License ID : 01386067
LA1Old Agent ID : 16405
LA1NRDS_ID : 191007339
SA1Agent First Name : Joseph
SA1Agent Last Name : Muzzio
SA1Agent License ID : 01868571
SA1User Code : MLL5066594
SA1Old Agent ID : 304932
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 010-124-03-000
Showing : Do Not Disturb Occupants,Subject to Inspection
SO1Office Abbreviation : MLL5009512
SO1Office Name : Muzzio Properties
LO1Main Office ID : 68066
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 76285
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 3800000
Address Search Number : 618
Listing Agent : 235710
Listing Office : 68066
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 281165
Buying Office 1 : 76285
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 40
Input Date : 13/04/2021 16:02:02
Update Date : 26/10/2021 10:00:05
PhotoTimestamp : 19/10/2021 22:37:51
First Photo Add Timestamp :
List Date : 13/04/2021
Expire Date :
Pending Date : 20/09/2021
Closing Date : 18/10/2021
Status Date : 19/10/2021
Price Date :
Off Market Date : 20/09/2021
Status : Sold
Dual Variable : No
HOA : No
City Transfer Tax : No
Off Market Status Date :
LVT Date :
DOMLS : 160
Cumulative DOMLS : 160
Unit # 1 # of Bedrooms: 1
Unit # 1 Approx. SqFt: 706
Unit # 1 Rent: 2650
Unit # 2 # of Bedrooms: 3
Unit # 2 Approx. SqFt: 1660
Unit # 2 Rent: 4130
Unit # 3 # of Bedrooms: 2
Unit # 3 Approx. SqFt: 706
Unit # 3 Rent: 2750
