225-241 7th Avenue

Santa Cruz, CA, 95062

$5,399,000

$554 per ft²
$5,399,000
$554 per ft²
Active
Active
 - For Sale
beds
15 Beds
baths
13 Baths
carpenters-square
9,739 ft²
property_type
Residential
calendar
Built 1943
Opportunity awaits at Twin Lakes! Enter Harbor Place, an incredible multi-family income property a block and a half from the sand. This unique 13-unit compound consists of eight (8) studio/1bath apartments, three (3) 1bed/1bath units, one (1) 1bed plus bonus room/1bath house, and one (1) 2bed/1bath house. The units are well-maintained and many are nicely updated, with tons of early-1900s charm. The property features calming courtyards, wonderful shared spaces for tenants and guests, bike storage, laundry (extra income), and some private yards. Below-market rents offer HUGE UPSIDE for investors. You and your tenants will LOVE this mid-town banana-belt location. Harbor Place is right in the center of some of Santa Cruz's best shops, restaurants, cafes, and beaches, and next to the fun and outdoor recreation of the Santa Cruz Harbor. Enjoy huge returns for years to come, or keep a unit(s) for your own family/friend Vacation Home.
MLS® ID:
ML81911033
Listed:
10/20/22
Updated:
2/1/23

Interior Features

Total Bedrooms
15
Full Bathrooms
13
Fireplace
Wood Burning
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
0.34 acres lot
Roof
Composition Shingles

School Information

High School
Santa Cruz City High
Elementary School
Live Oak Elementary

Other Property Details

Area Name
Live Oak
Garage
Yes
Garage Spaces
2
Parking
Attached, Off Street, Tandem
View
Y
County
Santa Cruz
Water Source
Public
Pool
No

Courtesy of Coldwell Banker Realty, Willie Eagleton,
Listing Contact:  

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