317 Ocean Street
317 Ocean Street
$2,075,000
—
3,136
3,136
$662
Sold 8/12/22
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Description
Investor Opportunity! Check out this 7-unit Investment property and approx. 300SF finished "attic" space with all units rented, generating steady cash flows for strong cap rate. Great mix of units comprising of (One) 2 bedroom/1 bath; (Five) 1 bedroom/1 bath; and (One) large studio unit. Several upgrades made in the last 2 years including a new roof, remodeled downstairs unit, and newer asphalt parking area with 9 off-street parking spots. The property is in a prime location with convenient access...Investor Opportunity! Check out this 7-unit Investment property and approx. 300SF finished "attic" space with all units rented, generating steady cash flows for strong cap rate. Great mix of units comprising of (One) 2 bedroom/1 bath; (Five) 1 bedroom/1 bath; and (One) large studio unit. Several upgrades made in the last 2 years including a new roof, remodeled downstairs unit, and newer asphalt parking area with 9 off-street parking spots. The property is in a prime location with convenient access to most everything the community has to offer. Close proximity to Downtown Santa Cruz, Boardwalk, beaches, and the desirable Seabright neighborhood nearby. UCSC is also just a bus ride or bike ride away. There are few properties that offer investors opportunity comparable to this! Check out the drone tour: https://youtu.be/cuy1mX4Dj_g
- Listed by Cara De Simone • DRE #01215427 • Brokerage DRE #01908304 • Coldwell Banker Realty • 831-465-7029
Property Details for 317 Ocean Street
MLS City Name
SANTA CRUZ
Building TypeOther
Garage Spaces0
Parking Spaces9
ViewCity, City Lights
Cross StreetBarson St.
Location
LISTING UPDATED: 03/27/2024 11:48 AM
Property Details for 317 Ocean Street
Status | Sold |
---|---|
MLS # | ML81884536 |
Days on Compass | 1 |
Taxes | $18,368 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1908 |
Lot Size | 0.17 AC / 7,275 SF |
County | Santa Cruz County |
Location
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Building Information for 317 Ocean Street
Stories-Residences-Year Built1908Building Size-Lot Size0.17 AC / 7,275 SF
Payment Calculator
$12,855 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 317 Ocean Street
Property History for 317 Ocean Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 317 Ocean Street
Taxable ValueLand$1,275,000Additions$800,000Total$2,075,000
Tax Record2023$23,565 ($1,964 / month)
Home Facts
Total Finished SqFt1,237 SqFtAbove Grade Finished SqFt1,237 SqFtLot Size7,275 SqFtStyleMulti-Family Res (5+ Units)Year Built1908Year Renovated2000CountySANTA CRUZAPN007-403-17
Schools near 317 Ocean 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 |
---|---|---|
Gault 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.
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