8
See all 8 photos
$6,000,000
Est. payment /mo
0.36 Acres Lot
Active
117121 Walti and 233-231 Felix ST Santa Cruz, CA 95060
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UPDATED:
11/20/2024 05:58 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81983159
HOA Y/N No
Year Built 1964
Annual Tax Amount $65,287
Lot Size 0.360 Acres
Property Description
Jimmy Castellanos is proud to present a highly unique multifamily portfolio consisting of four adjacent parcels located at 117-121 Walti Street and 231-233 Felix Street in Santa Cruz, CA. This rare offering features 16 charming, one-bedroom, townhome-style units, each thoughtfully designed with private balconies. Built in 1964, these units appeal to both professional and student renters, creating a diverse and steady tenant base. The portfolios standout feature is the four separate parcels, each with a fourplex, offering flexibility and a wide range of investment possibilities. Investors have the option to purchase the entire portfolio with the potential to sell each parcel individually for a profit. Located just off Laurel Street, the property is within walking distance to downtown Santa Cruz and the lively Mission Street, known for its restaurants and shops, making it highly desirable for tenants.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning R-L
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 14
Total Parking Spaces 2
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Santa Cruz
School District Other
Others
Tax ID 00402220
Special Listing Condition Standard
Listed by Jimmy Castellanos • Marcus & Millichap
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