Properties

Comm Ri Multi-units 5+ For Sale

6,068 Sqft - 803 Pacific Avenue, SANTA CRUZ, California 95060

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Property Description

NEW PRICE! Excellent investment opportunity- Income property fronting Pacific Garden Mall in Santa Cruz- long term high value location in the heart of Downtown Santa Cruz. 7 residential units and 2+ commercial units. Great CAP Rate. KEY FEATURES: Parcels in Downtown Plan w Up-zoning allowing for denser development; Opportunity Zone offering tax advantages; Across from approved mixed-use project under construction (see photos); Within City parking district, so parking requirements may be met offsite. 7 Residential Units FULLY LEASED Two bathrooms Shower room Laundry facilities w/coin operated washer and dryer Residential mo/income = $8775.00 ($105,300/yr) 2 Commercial Units currently available 803 Pacific 2400+- sq. ft. commercial areas, two bathrooms, storage room, office 805 Pacific 640+- sq. ft. retail space, bathroom, office Units 2, 3, 5, 7 new carpet, vinyl, countertops, carpet, or paint – 2019-21: Sprinkler upgrade 2016 Roof Replaced 2011+- Plumbing 2003

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81840804
Price : $2,199,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,068 Sqft
Year Built : 1898
Lot Area : 0.12 Sqft
Features
Heating System : Radiant
View : Downtown, City Lights
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Cruz
City : SANTA CRUZ
Zipcode : 95060
Street : Pacific Avenue
Street Number : 803
Floor Number : 0
Longitude : W123° 58' 29.3''
Latitude : N36° 58' 10.1''
MLS Addon
Office Name : Montalvo Homes & Estates
Building Type : Other
Area : West Santa Cruz
Address : 803 Pacific Avenue
Cross Street : Laurel Street
LA1User Code : MLL146302
LA1Agent First Name : Derek
LA1Agent Last Name : Timm
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 9
Zoning : See
List $/SqFt : $0
Age : 123
Apx Lot Sq Ft : 5,053 Sqft
Type of Building : Apt Complex
Annual Taxes : $1,950
Total Deposits : $0
OPERATING EXPENSES : Electric, Gas, Trash Removal, Water
WATER/SEWER : Water - Public, Sewer System - Public
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) : 6.29
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $3,099,000
Sold Price : $1,850,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 168000
Net Oper Income : 138408
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 10200
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 : 13.09
Buyer Agent DRE Num. : 01446932
List Agent DRE Num. : 01386067
Filtered Address : 803 Pacific AVE
LA1Agent License ID : 01386067
LA1Old Agent ID : 16405
LA1NRDS_ID : 191007339
SA1Agent First Name : Oscar
SA1Agent Last Name : Gutierrez
SA1Agent License ID : 01446932
SA1User Code : MLL134173
SA1Old Agent ID : 54872
SA1NRDS_ID : 200006770
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 : 005-145-11-000
Showing : 24-Hour Notice Required
SO1Office Abbreviation : MLL39757
SO1Office Name : Bailey Properties
LO1Main Office ID : 68066
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 72426
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 : 1850000
Address Search Number : 803
Listing Agent : 235710
Listing Office : 68066
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 223649
Buying Office 1 : 72426
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 19
Input Date : 26/04/2021 16:36:39
Update Date : 17/12/2021 10:03:43
PhotoTimestamp : 02/11/2021 01:44:34
First Photo Add Timestamp :
List Date : 26/04/2021
Expire Date :
Pending Date : 31/10/2021
Closing Date : 16/12/2021
Status Date : 16/12/2021
Price Date :
Off Market Date : 31/10/2021
Status : Sold
Dual Variable : No
HOA : No
City Transfer Tax : No
Off Market Status Date :
LVT Date :
DOMLS : 188
Cumulative DOMLS : 188
Unit # 1 # of Bedrooms: 7
Unit # 1 Approx. SqFt: 430
Unit # 1 Rent: 1150
Unit # 2 Approx. SqFt: 2400
Unit # 2 Rent: 2000
Unit # 3 Approx. SqFt: 640
Unit # 3 Rent: 1500
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81840804
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 6,068 Sqft
$2,199,000
Agent info
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