817 California, Santa Cruz, CA, 95060
- 4,828sqft
- 0.28acre
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
Listing agents:
Sam Bird-Robinson
License #01901727
Compass
Charlie Lambert
License #02241273
Compass
817 California is a Residential Income Mixed Use property located in Santa Cruz, California, featuring a 0.276 acre lot, 4,828 sqft, MLS #ML82042938.