128 Kennan Street

Santa Cruz, CA 95060

$2,795,000
Last Sold Price
Beds
4,647 Sq. Ft.
$601 / Sq. Ft.
4,647
Sq. Ft.
$601
per Sq. Ft.

Description

Eight unit investment opportunity. Situated between the mountains and the sea, Santa Cruz is a desirable investment location due to the high rental demand with the expanding University of California, its proximity to Silicon Valley, world class beaches and surf, mountain biking, and a growing tourism industry. Located within a short distance of Downtown Santa Cruz, The Boardwalk, The San Lorenzo River Walk, and UCSC. Easy access to Hwy 1 and 17. Building fronts on both Kennan and Hunolt Streets....Eight unit investment opportunity. Situated between the mountains and the sea, Santa Cruz is a desirable investment location due to the high rental demand with the expanding University of California, its proximity to Silicon Valley, world class beaches and surf, mountain biking, and a growing tourism industry. Located within a short distance of Downtown Santa Cruz, The Boardwalk, The San Lorenzo River Walk, and UCSC. Easy access to Hwy 1 and 17. Building fronts on both Kennan and Hunolt Streets. Many tenants are long term. Coin-op laundry on site. Tenants pay gas and electric. Buy and hold for long term success!
  1. Listed by Peter Cook • DRE #01223810 • Brokerage DRE #01223810 • Lighthouse Realty • 831-247-7211

Property Details for 128 Kennan Street

MLS City Name
SANTA CRUZ
Building Type
Other
Complex Name
Palmer Place
Garage Spaces
0
Parking Spaces
8
Cross Street
Ocean

Location

Listing Courtesy of Lighthouse Realty, Peter Cook, DRE #01223810

Sold By Karon Properties, Eli Karon, DRE #01732369

Add your commute
LISTING UPDATED: 03/30/2022 12:39 PM

Property Details for 128 Kennan Street

StatusSold
MLS #ML81876689
Days on Compass1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1964
Lot Size0.15 AC / 6,665 SF
CountySanta Cruz County

Location

Listing Courtesy of Lighthouse Realty, Peter Cook, DRE #01223810

Sold By Karon Properties, Eli Karon, DRE #01732369

Add your commute

Building Information for 128 Kennan Street

Stories-Residences-Year Built1964Building Size-Lot Size0.15 AC / 6,665 SF

Payment Calculator

$15,253 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,253

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 128 Kennan Street

Features
Features
  • Fireplace: No
  • Living SqFt: 4647
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Building Name: Palmer Place
  • Min Num Of Units in Complex: 8
  • Area Text: East Santa Cruz
  • Restrictions: None
  • Roof: Flat / Low Pitch
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 128
  • Street Name: Kennan
  • Street Suffix: Street
  • Area ID: 42
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 4647
  • Structure SqFt Source: Assessor
  • Age: 58
Development Information
  • Zoning Detail: APT
Location Information
  • City Limits: Yes
  • Parcel Number: 008-541-09-0
  • County Name: Santa Cruz
  • City Name: SANTA CRUZ
  • City Postal ID: 64
  • Postal Code: 95060
  • Elementary School District: 840
  • High School District Text: Santa Cruz City High
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 8
General Information
  • Annual Tax Amount: $0
  • Capitalization Rate: .00
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: Fee - Property Management, Maintenance, Utilities
  • Gross Rent Multiplier: .00
  • Income Annual Gross: $0
  • Income Annual Rental: $0
  • Income Gross Scheduled: $0
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $0
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Listing Info
Rental Info
  • Lease Type: Net

Property History for 128 Kennan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 128 Kennan Street

This home is within Santa Cruz City High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
De Laveaga Elementary School
PublicK to 5

Mission Hill Middle School
Public6 to 8

Harbor High School
Public9 to 12

Santa Cruz High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lighthouse Realty, Peter Cook, DRE #01223810

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.