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Listed by Jimmy Castellanos • Marcus & Millichap
$ 6,000,000
Est. payment | /mo
11,168 SqFt
$ 6,000,000
Est. payment | /mo
11,168 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,168 sqft
Price per Sqft $537
MLS Listing ID ML81983159
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1964
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
Interior
Heating Wall Furnace
Fireplace No
Exterior
Handicap Access Other
Building
Water Public
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