Looking for a PREMIER coastal asset to add to your portfolio? RARE Carmel-by-the-Sea SOLID investment opportunity just moments from the Ocean with a stunning ROOFTOP PATIO offering sweeping coastal views. This perfectly positioned FOURPLEX, built in 2010, combines coastal charm, modern convenience and a strong income history in one of California's most sought-after destinations. All Tenants on lease. Gorgeous, low maintenance landscaping, locked/gated building access with a tiled, split 3 story staircase and an elevator which provides convenient access throughout the building. All units located on 1st and 2nd story - 3rd story is Rooftop Patio only. Private garage, extra garage storage units and gated/locked entrance to the building, Separate meters for PG&E and water. Radiant floor heating in each unit. Ideally located within walking distance to the beach, world-class dining, boutique shopping and the vibrant village atmosphere of Carmel-by-the-Sea, this property offers an unbeatable combination of lifestyle and investment appeal. Whether expanding your portfolio or securing a legacy property in a premier coastal market, opportunities like this are exceptionally hard to find. This fully occupied fourplex has a strong rental history making it an excellent investment.
Listed by MLSlistings Inc. / Listed By: Charlene King, Century 21 Masters
$1,100,000 (USD)
Santa Cruz Area Multi-Family
Active
114 Park Avenue Santa Cruz, CA 95062
Bed
0 Baths
1232 sqft
MLS# ML82048349
Golden Opportunity...Charming DUPLEX in a gorgeous Santa Cruz beachside neighborhood featuring a 2BD/1BA unit and a 1BD/1BA unit. Ideal for Investors, Multigenerational Living or Owner-Occupants seeking rental income potential. Both units offer tasteful improvements while maintaining coastal character & functionality. Conveniently located near beaches, shopping, dining, schools & all that Santa Cruz has to offer, this RARE opportunity offers flexibility & location all in one property. Private access to each Home with street parking on either side of the Building. Each unit is Light & Bright & provides a great space with everything needed for simple living with a lot of storage in the attic. Nice, low-maintenance landscaping all around. The location could not be any better to walk to the Iconic Santa Cruz Beach & Boardwalk. Great Rentals for UCSC students not only for when school is in session but for Summer time too! Unit A has 2bed/1bath & an enclosed yard with a NEW fence which is great for a Garden, BBQ & entertaining. Unit B has 1 Bed/1Bath w/ 2 exterior entry doors for easy access. Both have spacious Kitchens w/ plenty of Counter space & Cabinets open to the Family Room & Dinette area. This unique opportunity to own a property that can fit both lifestyle & investment goals!
Listed by MLSlistings Inc. / Listed By: Charlene King, Century 21 Masters