311 Ocean StSanta Cruz, CA 95060
- Retail properties
- 778 SF
For Sale
$4,850,000
View listing
Property Details for 311 Ocean St
- Property size (Sq ft)
- 778 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional investment opportunity presents a fully leased apartment building located at 427 Barson St, Santa Cruz, CA 95060. The property boasts a strong 8.87% cap rate and a Net Operating Income (NOI) of $135,000, making it an attractive addition to any portfolio. The asking price is $4,850,000. The building comprises a mix of unit sizes, ranging from 778 to 1,542 square feet. Built between 1900 and 1974, the property sits on a 3,484 square foot lot and includes 10 parking spaces. The land value, based on price per square foot, ranges from $871 to $1,478. Multiple tax parcel numbers are associated with the property: 007-403-23
311 Ocean St, Santa Cruz, California
Location Insight
- City
- Santa Cruz
- County
- Santa Cruz
- State
- California
- Latitude
- 36.9713
- Longitude
- -122.018
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].