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428 Barson St

Santa Cruz, CA 95060
  • $1,795,000
  • STATUS: Active Under Contract
  • ON SITE: 42 Days
  • ID#: ML81887112
Under Contract
UPDATED: 176 min ago
$1,795,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,260
    SQFT
  • $421
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Description

This multifamily property consisting of a detached 4 bedroom, 2 bath house and a triplex (two 3 bedroom units, one 2 bedroom unit) is centrally located in the Lower Ocean neighborhood between the eastside and westside just moments from the San Lorenzo River, Beach Boardwalk, and downtown Santa Cruz. One of the 3 bedroom units has been recently updated. Long term tenants and stable rental income with significant upside in potential rents (see pro forma). Located in the Santa Cruz Economic Opportunity Zone which may yield a stepped up basis for capital gains and possibly other tax benefits. Ideal for 1031 Exchange buyers, investors who want stable income, less exposure to the volatility of the stock market and those who seek upside potential in a competitive market. Reports and disclosures available upon request.

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-05-27T23:53:17.427. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kulda Real Estate Group | Keller Williams Realty.

Licensed in the State of California.
www.kuldagroup.com/homes/127745353
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428 Barson St Santa Cruz, CA 95060

  • Price: $1,795,000
  • Status: Active Under Contract
  • On Site: 42 Days
  • Updated: 176 min ago
  • ID#: ML81887112
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,260
SQFT
$421
$/SQFT
1980
Built
Neighborhood:
East Santa Cruz
County:
Santa Cruz
Area:
East Santa Cruz
Property Description
This multifamily property consisting of a detached 4 bedroom, 2 bath house and a triplex (two 3 bedroom units, one 2 bedroom unit) is centrally located in the Lower Ocean neighborhood between the eastside and westside just moments from the San Lorenzo River, Beach Boardwalk, and downtown Santa Cruz. One of the 3 bedroom units has been recently updated. Long term tenants and stable rental income with significant upside in potential rents (see pro forma). Located in the Santa Cruz Economic Opportunity Zone which may yield a stepped up basis for capital gains and possibly other tax benefits. Ideal for 1031 Exchange buyers, investors who want stable income, less exposure to the volatility of the stock market and those who seek upside potential in a competitive market. Reports and disclosures available upon request.
Exterior Features

Foundation Concrete Perimeter Garage Parking Attached GarageOff-Street Parking Number Of Buildings 2 Parking Spaces 4 Pool YN No Roof Composition Stories 2 Yard Grounds Back YardBalcony / Patio

Interior Features

Additional Rooms Laundry Room Beds Unit1 4 Beds Unit2 3 Beds Unit3 2 Beds Unit4 3 Cooling None Flooring CarpetVinyl / Linoleum Heating Wall Furnace Laundry Hookups Only Sq Ft Unit1 1182 Sq Ft Unit2 1182 Sq Ft Unit3 952 Sq Ft Unit4 944 Structure Sq Ft 4260

Property Features

Accessibility Features None Additional Listing Info Not Applicable City Limits Yes City Name Santa Cruz Cross Street Bixby Street Hoa YN No Horse Property YN No Incorporated No Lot Size Area Maximum 9801.00 Meters Separate ElectricSeparate GasSeparate Water Property Sub Type Fourplex Rent Unit1 3180 Rent Unit2 2245 Rent Unit3 1950 Rent Unit4 2220 Security Features Security Lights Sewer Septic Sewer - Public Sq Ft Source Other Utilities Public Utilities Water Public Zoning Rl

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Eli Karon of Karon Properties.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-05-27T23:53:17.427. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kulda Real Estate Group | Keller Williams Realty.

Licensed in the State of California.
 
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