About 238 San Lorenzo Blvd
Assumable Loan at 3.25% for next 2.5 years. High-Quality Investment in a Prime Santa Cruz Location! Ideally situated between the Seabright neighborhood, the Beach Boardwalk, and Downtown Santa Cruz, this property offers an exceptional investment opportunity in one of the areas most desirable rental markets. Featuring five oversized 2-bedroom, 1-bath units, the property boasts excellent rental history with low vacancy, appealing to both long-term tenants and their guests. Each unit offers abundant natural light and functional floor plans, creating a bright and comfortable living environment. Additional highlights include on-site parking for all units, storage units for each unit, and on-site laundry facilities generating additional income. Fantastic location just steps from the Santa Cruz Wharf, world-class surf spots, the Boardwalk, and Downtown amenities.
Features of 238 San Lorenzo Blvd
| MLS® # | ML82022121 |
|---|---|
| Price | $2,495,000 |
| Square Footage | 4,368 |
| Acres | 0.15 |
| Year Built | 1964 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 238 San Lorenzo Blvd |
|---|---|
| Area | East Santa Cruz |
| City | SANTA CRUZ |
| County | Santa Cruz |
| State | CA |
| Zip Code | 95060 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Public Utilities |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
Exterior
| Roof | Flat/Low Pitch, Tar and Gravel Roof |
|---|---|
| Foundation | Concrete Slab |
Additional Information
| Zoning | Multi Unit |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Scott C. Poncetta |
|---|---|
| Office | KW Bay Area Estates |
| Contact Info | 408-757-1007 |