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$ 3,300,000
Est. payment | /mo
0.32 Acres Lot
$ 3,300,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82062896
HOA Y/N No
Year Built 1964
Annual Tax Amount $46,421
Lot Size 0.321 Acres
Property Description
119 Clay Street is a 10-unit apartment property in Santa Cruz listed at $3,300,000, or $330,000 per unit. Situated on a 0.32-acre lot, the property consists of (8) one bedroom and (2) two bedroom apartments. At a current 5.03% cap rate and 12.18 GRM, it offers existing income with room to grow rents. Additional information available upon request.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning RM
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 10
Roof Type Composition
Schools
School District Other
Others
Tax ID 00740213000
Special Listing Condition Standard
Listed by Mitchell Zurich Marcus & Millichap #01870648
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