21661 E Cliff Dr, SANTA CRUZ, CA

$11,470,000

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13,510

Square feet

0.64

Acres

About 21661 E Cliff Dr

This garden-style complex features 31 units across 8 buildings, with a mix of 1- and 2-bedroom,1-bath units, and studios. The property offers excellent walkability and bike ability, situated in close proximity to area beaches, East Cliff Drive, Santa Cruz Harbor, and Pleasure Point. The owners have recently completed renovations, including repair work, roofing, landscaping, and flooring between turnovers. This presents an ideal opportunity for an owner/user or an investor to acquire a well-located apartment property with income upside potential through unit renovations and allowable rent increases. The property is a short distance from the Santa Cruz Beach Boardwalk, Santa Cruz Wharf, and the renowned Cowells Beach surf spot. It also includes coin-operated laundry on-site and offers great upside potential with the new downtown Santa Cruz renovation and redevelopment projects currently underway.

Features of 21661 E Cliff Dr

MLS® # ML82032603
Price $11,470,000
Square Footage 13,510
Acres 0.64
Year Built 1948
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 21661 E Cliff Dr
Area Live Oak
City SANTA CRUZ
County Santa Cruz
State CA
Zip Code 95062

Amenities

Utilities Individual Electric Meters, Individual Gas Meters, Public Utilities
Parking Spaces 25
View Marina, Ocean View, Water
Is Waterfront No

Interior

Heating Gas Heat, Wall Furnace, Floor Furnace , Central Forced Air Heat, Stove Heater
Cooling Other
Fireplace No

Exterior

Lot Description Unknown, Views, Corners Marked, Grade - Level
Roof Composition Roof
Foundation Concrete Perimeter & Slab, Other Foundation, Wood Frame, Combination

Additional Information

Zoning VA
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTessie Figueroa
OfficeK&K Homes Realty
Contact Info408-375-2713

Listing Map

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