1450 Merrill ST, Santa Cruz, CA 95062

$3,250,000
4,370
SqFt

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List Price
$3,250,000
MLS#
ML82017054
Status
ACTIVE
Property Type
com
Sqft. of Residence
4,370
Lot Size
0.298
Listing Area
Live Oak
Year Built
1956

Property Description

1450 Merrill St, known as Seadowns, is a three-building, nine-unit property that has been owned by the seller for 26 years. It is in close proximity to area beaches, East Cliff Drive, Pleasure Point, the Santa Cruz Small Craft Harbor, Sunday Live Oak farmer's market, Simpkins Swim Center and many local restaurants. The property contains ample outdoor space, providing a peaceful living experience for the renters. The property provides excellent walkability and bikeability. It also has 11 parking spaces, including 5 covered carport spaces. The coin-operated laundry is leased by the owner. The unit mix includes six 1-bedroom, 1-bath units (1-6) in the two-story building. Each of these six units has access to the outdoor space behind the building and has additional locked storage in the carport. Near the front of the property is a 2-bedroom, 1-bath unit (A) with a large fenced front yard, a 1 bedroom, 1-bath unit (B) with a fenced back yard and covered patio, and a stand-alone 2-bedroon, 1-bath unit (C). The owner has completed recent improvements including a new sewer lateral, new roof on the carport and laundry area, and fumigation for termites. Between turnovers, the Landlord has also painted the units, and updated appliances and fixtures, and installed new carpets.

Additional Information

Acres
0.30
Age
69
Cooling System
None
Floor Covering
Carpet, Laminate
Foundation
Concrete Slab
Garage Parking
Carport, Parking Area
Heating System
Wall Furnace
Living Area
4,370
County
Santa Cruz
Neighborhood
Live Oak
Other Utilities
Individual Electric Meters
Roof
Composition
Sewer
Sewer - Public
Special Features
None
Total Number Of Units
9
Unincorporated Yn
Yes
Zoning
RM-2.5

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Calculator source: Real Geeks

Listing courtesy of Chris Shoemaker from Shoemaker Commercial Real Estate. 831-247-2647

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