130 Market ST, Santa Cruz, CA 95060
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130 Market ST, Santa Cruz, CA 95060
130 Market ST, Santa Cruz, CA 95060
130 Market ST, Santa Cruz, CA 95060
130 Market ST, Santa Cruz, CA 95060
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Esteban Vargas

Esteban Vargas

+1(562) 639-9173
$ 2,695,000
Est. payment /mo
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130 Market ST Santa Cruz, CA 95060

3,744 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,744 sqft

Price per Sqft $719

MLS Listing ID ML82056624

HOA Y/N No

Year Built 1908

Annual Tax Amount $16,439

Lot Size 0.290 Acres

Property Sub-Type Quadruplex

Property Description

Outstanding turnkey fourplex investment opportunity in central Santa Cruz! All units have been tastefully updated and meticulously maintained. The property features 4 separate structures including a beautifully updated 3 bedroom Victorian house, a 2-bedroom cottage, a duplex with 1 bedroom and 3 bedroom units, a separate 4 bay garage building with supplemental living space over the garages, and off-street parking. The large nicely landscaped lot provides ample opportunities for tenants to enjoy outdoor living spaces. Many energy efficiency improvements help keep utility costs low for tenants. Ideal location near downtown with a high walkability score offers tenants easy access to restaurants, shops, Highway 1, the pier, the Boardwalk, and beaches. This is a unique opportunity for an investor looking for a high-quality long-term investment with a strong rental history, very low vacancy rates, and financial upside potential through rent rate increases and the possibility of an ADU conversion per current state and local ADU regulations. The property is also perfect for an owner occupant to reside in a beautiful 3-bedroom, two-bath home while enjoying extra income from the other units, OR for a multi-generational family compound. Bring your investors and owner-occupant clients!

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning R-1-5

Interior

Interior Features Loft

Heating Central, Electric, Wall Furnace

Cooling None

Flooring Carpet, Laminate

Fireplace No

Appliance Dishwasher, Refrigerator, Range Hood, Vented Exhaust Fan

Exterior

Parking Features Off Street

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Roof Type Shingle

Accessibility None

Total Parking Spaces 5

Building

Foundation Concrete Perimeter

Sewer Private Sewer

Water Public

Architectural Style Craftsman, Traditional, Victorian

Schools

Elementary Schools Other

Middle Schools Other

High Schools Harbor

School District Other

Others

Tax ID 00833324000

Security Features Security Lights

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Marshall Keneipp Miritz & Bailey Real Estate, Inc #02115477

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Esteban Vargas
Esteban Vargas

Broker

+1(562) 639-9173 | evargas74@hotmail.com

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130 Market ST