317 Leibrandt Ave - Apartments FOR SALE


Santa Cruz, CA 95060
$1,650,000 USD
916-995-9754
317 Leibrandt Ave, Santa Cruz, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/8
null | 6.85% Cap Rate

317 Leibrandt Ave
Santa Cruz, CA 95060


HIGHLIGHTS

  • Steps from the Santa Cruz Boardwalk, beaches, and downtown amenities
  • Fully Leased 7-Unit Apartment Building
  • Charming Coastal Property
  • Street Frontage and Easy access
  • Convenient Transportation

OVERVIEW

Team Singh is delighted to offer this fully leased 7-unit apartment building. This meticulously maintained property, built in 1940, is situated in a prime location just steps from the Santa Cruz Boardwalk and beaches. The property provides stable and consistent income, making it an ideal turnkey investment. Each of the seven units attracts long-term tenants, ensuring a reliable revenue stream in one of California’s most desirable coastal markets. The property’s proximity to downtown Santa Cruz enhances its appeal, offering tenants easy access to shopping, dining, and entertainment. This is an exceptional opportunity to invest in a thriving beachside community with year-round demand. Contact Team Singh today to schedule a private viewing and learn more about this rare investment offering!

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$705 USD /SF

# OF UNITS

7

PRICE/UNIT

$235,714

CAP RATE

6.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Leibrandt Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,138 SF

ZONING

-

APN/PARCEL ID

007-103-10-000

ASK ABOUT THIS PROPERTY

Ujjal SinghApplied CommercialMore Info
916-995-9754

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Ujjal SinghApplied CommercialMore Info
916-995-9754

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.