Comm Ri Multi-units 5+ For Sale
5,391 Sqft - 611 Soquel Avenue, SANTA CRUZ, California 95062

Property Description
Park like setting, well maintained 9 rental unit property. 8 one bedroom, one bath units; one two bedroom, one bath unit. All single level. Outstanding investment opportunity in a private, prime location. Plans and permits approved by City of Santa Cruz to remodel 5 three bedroom, 2 bath units-Remodel optional to buyer. Easy walk to Shoppers Corner, Buttery, Branciforte Plaza. This is an exceptional property, location, location, location.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81872376
Price : $5,995,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,391 Sqft
Year Built : 1948
Lot Area : 0.56 Sqft
Features
Heating System : Other Heat
Cooling System : Ceiling Fan(s)
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Cruz
City : SANTA CRUZ
Zipcode : 95062
Street : Soquel Avenue
Street Number : 611
Floor Number : 0
Longitude : W123° 58' 57.9''
Latitude : N36° 58' 37.4''
MLS Addon
Office Name : California Real Estate
Building Type : Other
Area : East Santa Cruz
Address : 611 Soquel Avenue
Directions to Property : Located across from Shoppers Co
LA1User Code : MLL5075967
LA1Agent First Name : Aldo
LA1Agent Last Name : Penniman
Status Category : Active
Tot # Parking Spaces : -3
Tot # of Units : 9
Zoning : RM
List $/SqFt : $0
Age : 73
Apx Lot Sq Ft : 24,263 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ALL UNITS HAVE : Dishwasher, Refrigerator
DISABLED FEATURES : Other
ON-SITE PARKING DESC : Spaces - Assigned
OPERATING EXPENSES : Trash Removal
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Electric
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) : 2.59
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $5,995,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 221520
Net Oper Income : 155064
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 : 27.06
List Agent DRE Num. : 01201327
Filtered Address : 611 Soquel AVE
LA1Agent License ID : 01201327
LA1Old Agent ID : 348294
LA1NRDS_ID : 200001269
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 : 010-012-44-000
Showing : See Confidential Remarks
LO1Main Office ID : 68241
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
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 : 5995000
Address Search Number : 611
Listing Agent : 301408
Listing Office : 68241
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 0
Input Date : 11/12/2021 23:24:39
Update Date : 14/12/2021 22:17:13
PhotoTimestamp :
First Photo Add Timestamp :
List Date : 11/12/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 11/12/2021
Price Date :
Off Market Date :
Status : Active
Dual Variable : Yes
HOA : No
City Transfer Tax : No
Off Market Status Date :
LVT Date :
DOMLS : 3
Cumulative DOMLS : 3
Unit # 1 # of Bedrooms: 1
Unit # 1 Approx. SqFt: 604
Unit # 1 Rent: 1795
Unit # 2 # of Bedrooms: 2
Unit # 2 Approx. SqFt: 762
Unit # 2 Rent: 2800