$2,450,000
Pending
44 Days Online
2 Beds0 Baths4,070 SQFT
Pending

816 Riverside Avenue Santa Cruz, CA 95060

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You'll be proud to own this incredible Santa Cruz investment property.Long time owner will consider financing w 30 %+ down payment at UNDER MARKET 5% interest rate.Very well built/maintained 5 plex, close to vibrant downtown, UCSC-convienent for students, beaches on quiet one way street surrounded by period Victorians.Units are town home style with private fenced yards and patios, separate wtr heaters and more. Ample off-street parking-2/unit. Current rents are competitive but should allow income growth and upside potential for next owner. Income represents 2022 reported from property manager-showing property potential. Current annualized 2024 rent roll $176, 400. Expenses from 2023 P/L from PM.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountySanta Cruz
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site43 Days
  • MLS StatusPending
  • MLS ID NumberML81972858
  • Home Size Source N/A
  • Year Built1976
  • Lot Size0.187 Acres
  • Full BathsN/A
  • Partial BathsN/A

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