409 2Nd St, Santa Cruz, CA 95060

4 Unit Apartment Building | $2,200,000 ($550,000/Unit) | 4.58% Cap Rate | Santa Cruz, CA 95060

Asking Price $2,200,000

Property Type: Multifamily
Square Feet: 4,136 SF

Listing Contacts

Steve Zirelli

Verified Profile

Joel Hopman

Verified Profile

Property Info

Property Overview

413-417 2nd Street is a gorgeous collection of 12 spanish style cottages. The property includes: (8) 1 Bedroom / 1 Bathroom apartments and (4) Studios. The property features lush landscaping with 8 of the units individually framed not sharing a wall with any neighboring units. Multiple units have new roofs and tankless water heaters. The listed building square footage of 3,952 is incorrect. Independent square footage measurement is 5,680 square feet. Buyer to verify. 413-417 2nd St. shares a property line with 409 2nd St. They are less than ¼ mile to the Beach and Boardwalk (88 Walk Score & 97 Bike Score). Can be purchased seperately or in combination with 409 2nd St. (4 Units) and or 123 Pearl St. (9 Units).

Property Details

Class: C
Year Built: 1925
Stories: 2
Lot Size (sq. ft): 6,534 SF
Units: 4

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