21661 E Cliff DR, Santa Cruz, CA 95062
- $11,470,000
- 13,510
- SqFt
Listing courtesy of Anton Lazarenko from eXp Realty of Northern California, Inc.. 650-862-3173
- List Price
- $11,470,000
- Status
- ACTIVE
- MLS#
- ML82032603
- Subtype
- com
- Style
- Marina
- Year Built
- 1948
- Living Area
- 13,510
- Lot Size
- 27,704
- Neighborhood
- Live Oak
- Building Name
- Surf Apartments
Property Description
This garden-style complex features 31 units across 8 buildings, with a mix of 1- and 2-bedroom,1-bath units, and studios. The property offers excellent walkability and bike ability, situated in close proximity to area beaches, East Cliff Drive, Santa Cruz Harbor, and Pleasure Point. The owners have recently completed renovations, including repair work, roofing, landscaping, and flooring between turnovers. This presents an ideal opportunity for an owner/user or an investor to acquire a well-located apartment property with income upside potential through unit renovations and allowable rent increases. The property is a short distance from the Santa Cruz Beach Boardwalk, Santa Cruz Wharf, and the renowned Cowells Beach surf spot. It also includes coin-operated laundry on-site and offers great upside potential with the new downtown Santa Cruz renovation and redevelopment projects currently underway.
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Additional Information
- Amenities
- Other
- HOA Includes
- Club House, Common Utility Room
- Property Description
- Marina
- Zoning
- VA
- Roof
- Composition
- Foundation
- Combination, Concrete Perimeter and Slab, Wood Frame, Other
- View
- Marina View, Ocean View, Water
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