$3,975,000
About this home
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
Facts & features
- Bathrooms
- 0
- Living area
- 4,828 sq ft
- Flooring
- Laminate
- Cooling
- None
- Lot size
- 0.276 acres (12,023 sq ft)
- Year built
- 1973
- Parking
- Off Street
- Parking spaces
- 10
- Area
- 699 - Not Defined
- County
- Santa Cruz
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 98
- Listed
- 2026-04-14
- Parcel #
- 00648133000
- MLS #
- ML82042938
