413 Laurel St - Multi-Family FOR SALE


Santa Cruz, CA 95060
$1,795,000 USD
831-566-3127
413 Laurel St, Santa Cruz, CA for Sale
$1,795,000 USD
Multi-Family - FOR SALE
1/39
null | Request Cap Rate

413 Laurel St
Santa Cruz, CA 95060


HIGHLIGHTS

  • Close to UCSC. Walkability to downtown conveniences.

OVERVIEW

Welcome to 413 Laurel St. a beautiful Victorian-style triplex renovated in 2018 & offering 2 residential units & 1 commercial unit. https://www.413laurelst.com This stunning multi-use property offers excellent income opportunity w/ highly desirable location in the heart of vibrant Downtown Santa Cruz within minutes to UCSC! With 2,179 sq. ft.+/- on a spacious 9,148+/- sq. ft. lot, this rare property is a perfect blend of vintage style & modern convenience PLUS a designated 9-space parking lot. The front unit boasts of 4 BR & 2 BA w/beautifully updated kitchen, granite counters, stainless appl., laundry rm, lg. windows & newer LVP flooring throughout. The second unit offers 1 BR & 1 BA with an updated kitchen and BA w/granite, tile and LVP. The third unit is an ADA compliant commercial office space with a half BA. Downtown Santa Cruz provides a unique blend of urban amenities & coastal charm, making it a highly desirable place to live. Nearby amenities include New Leaf & Trader Joe's, a diverse dining & bar scene w/popular spots such as Laili & Abbott Square & moments from stunning beaches like Natural Bridges & Cowells Beach with the historic Santa Cruz Beach Boardwalk, Enjoy easy access to numerous hiking & biking trails in Pogonip & Wilder Ranch. Pacific Garden Mall offers unique shops & farmers' market. Rental rates are projected using property manager's opinion of current rates. Easy to show with 24-hour notice.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$824 USD /SF

# OF UNITS

3

PRICE/UNIT

$598,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

MLT

APN/PARCEL ID

007-012-21-000

ASK ABOUT THIS PROPERTY

Kathleen ManningSotheby's Int'l Realty-capitolaMore Info
831-566-3127

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Kathleen ManningSotheby's Int'l Realty-capitolaMore Info
831-566-3127

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