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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Mitchell Zurich, DRE #01870648 • Marcus & Millichap

$ 3,300,000

Est. payment | -/mo

3 Beds

2 Baths

5,756 SqFt

Save

$ 3,300,000

Est. payment | -/mo

Save

3 Beds

2 Baths

5,756 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,756 sqft

Price per Sqft $573

MLS Listing ID ML82062896

Bedrooms 3

Full Baths 2

Year Built 1964

Lot Size 0.321 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

119 Clay Street is a 10-unit apartment property in Santa Cruz listed at $3,300,000, or $330,000 per unit. Situated on a 0.32-acre lot, the property consists of (8) one bedroom and (2) two bedroom apartments. At a current 5.03% cap rate and 12.18 GRM, it offers existing income with room to grow rents. Additional information available upon request.

Location

State CA

County Santa Cruz

Area East Santa Cruz

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Carport

Utilities Available Individual Electric Meters

Roof Type Composition

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Water On Site

Others

Tax ID 007-402-13-000

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

Clay ST Santa Cruz, CA 95060