21661 E Cliff DR, Santa Cruz, CA 95062

$11,470,000
13,510
SqFt

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List Price
$11,470,000
MLS#
ML82032603
Status
ACTIVE
Property Type
com
Sqft. of Residence
13,510
Listing Area
Live Oak
Year Built
1948

Property Description

This garden-style complex features 31 units across 8 buildings, with a mix of 1- and 2-bedroom,1-bath units, and studios. The property offers excellent walkability and bike ability, situated in close proximity to area beaches, East Cliff Drive, Santa Cruz Harbor, and Pleasure Point. The owners have recently completed renovations, including repair work, roofing, landscaping, and flooring between turnovers. This presents an ideal opportunity for an owner/user or an investor to acquire a well-located apartment property with income upside potential through unit renovations and allowable rent increases. The property is a short distance from the Santa Cruz Beach Boardwalk, Santa Cruz Wharf, and the renowned Cowells Beach surf spot. It also includes coin-operated laundry on-site and offers great upside potential with the new downtown Santa Cruz renovation and redevelopment projects currently underway.

Additional Information

Age
78
Amenities
Other
Building Name
Surf Apartments
Cooling System
Other
Floor Covering
Concrete, Granite, Hardwood, Laminate, Tile
Foundation
Combination, Concrete Perimeter and Slab, Wood Frame, Other
Garage Parking
Assigned Spaces, Carport, Common Parking Area, Covered Parking, Parking Area, Uncovered Parking
Heating System
Floor Furnace, Forced Air, Gas, Stove Heater, Wall Furnace
Laundry Facilities
Coin Operated, Washer / Dryer
Living Area
13,510
Lot Description
Corners Marked, Grade - Level, Unknown, Views
County
Santa Cruz
Neighborhood
Live Oak
Other Rooms
Laundry Room, Loft, Office Area, Other
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition
Sewer
Sewer Connected
Special Features
Grab Bars, Lower Light Switches, Parking, Wheelchair Access
Style
Marina
Total Number Of Units
31
Unincorporated Yn
Yes
View
Marina View, Ocean View, Water
Zoning
VA

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Calculator source: Real Geeks

Listing courtesy of Anton Lazarenko from eXp Realty of Northern California, Inc.. 650-862-3173

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