About 817 California St
Professionally managed UCSC rental opportunity with a phenomenal investment profile. This property features four 1,207 Sq. Ft. 4-Bed/2-Bath units, totaling 16 Bedrooms and 8 Bathrooms across 4,828 Sq. Ft. Benefit from an established rental history, very low vacancy rate, Total Operating Income of nearly $275K/year and a strong Net Operating Income (NOI) of $191K/year. Competitive financing is streamlined with SFR options available. Key features that maximize tenant appeal and minimize owner overhead include: on-site laundry, off-street parking, and 4 separate water and gas meters. The location is unbeatable for student renters, situated directly on the UCSC bus line corridor with quick access to campus and Downtown Santa Cruz. Don't miss this rare chance to secure a high-performing asset in a consistently robust rental market. All units are 4 Bed / 2 Bath
Features of 817 California St
| MLS® # | ML82042938 |
|---|---|
| Price | $3,725,000 |
| Square Footage | 4,828 |
| Square Footage | Assessor |
| Acres | 0.28 |
| Year Built | 1973 |
| Type | Multi-Residential |
| Sub-Type | Multiple Dwellings / Structures |
| Status | Active |
Community Information
| Address | 817 California St |
|---|---|
| Area | West Santa Cruz |
| City | SANTA CRUZ |
| County | Santa Cruz |
| State | CA |
| Zip Code | 95060 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Parking Spaces | 10 |
| Garages | Off-Street Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central Forced Air - Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Roof | Rolled Composition |
|---|---|
| Foundation | Concrete Slab |
Additional Information
| Zoning | Multifamily |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Sam Bird-robinson |
|---|---|
| Office | Compass |
| Contact Info | 831-515-6060 |