$1,500,000
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3 Beds
1.5 Baths
1,794 SqFt
SOLD DATE : 09/05/2017
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,794 sqft
Price per Sqft $836
MLS Listing ID ML81654710
Style Bungalow,Cottage
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1947
Lot Size 8,015 Sqft
Property Description
3 Vintage Turn Key Beach Bungalows! Amazing Pleasure Pt location, less than 2 blocks to best surfing, beaches & restaurants. Perfect for multi-generational compound on huge 8000 sq. ft. lot or live in one and enjoy income from 2 others! Possible expansion opportunities on this huge lot. Currently a strong investment w permitted vacation rental history. Great P&L figures and a 4.8 cap rate. Each home offers privacy & landscaped separate spaces. All are legal dwellings with original hm approx. 750 sq.ft, and units B and C appx. 550 each. All homes are have been remodeled w beautiful floors and double paned windows. Each has a private yard and mature landscaping. Paved driveways and paths provide off-street parking for 4-6 cars. Showing is limited so see extended hours of open houses and bring clients to Broker's. Check out this creative opportunity in Pleasure Point!
Location
State CA
County Santa Cruz
Zoning R-1-5
Rooms
Kitchen Appliances - Vary by Unit, Countertop - Formica, Oven Range - Electric, Oven Range - Gas
Multi-Unit Info
Total Units 3
Buildings 1
Unit 1 Information SqFt: 675; Bedroom: 2
Unit 2 Information SqFt: 550; Bedroom: 1
Unit 3 Information SqFt: 550
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Vinyl / Linoleum
Laundry Washer / Dryer
Exterior
Parking Features Assigned Spaces, Common Parking Area, Off-Street Parking
Garage Spaces 6.0
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
Read Less Info
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Bought with Monika Davidson • SGP
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