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157 Lee St

Santa Cruz, CA 95060
  • $1,800,000
  • STATUS: Closed
  • ON SITE: 346 Days
  • ID#: ML81897700
Sold - 09/12/2022
$1,800,000
SOLD - 09/12/2022
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,072
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Description

157 Lee Street is a charming and well-located community situated in the city of Santa Cruz, California. This apartment complex has been meticulously well-maintained and properly managed by the current ownership. Situated 2.5 miles from the famous Santa Cruz Beach Boardwalk, 157 Lee Street offers an investor or resident an easily accessible location, a desirable unit-mix, a flexible rent controlled market, and a location that will benefit new investors with consistent cash flow and asset appreciation for many years to come. Additionally, this community has a net rentable square footage of 3,072 (per county records) and accommodates an attractive unit-mix of four two bedroom/one-bath units. Santa Cruz is considered a major city along the California Pacific Coast and will continue to expand its economic and social infrastructure due to close proximity to major technology and agricultural institutions in Northern California.

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© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-06-05T15:49:52.427. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

Licensed in the State of California.
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157 Lee St Santa Cruz, CA 95060

  • Price: $1,850,000
  • Status: Closed
  • On Site: 346 Days
  • Updated: 29 min ago
  • ID#: ML81897700
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,072
SQFT
$0
$/SQFT
1972
Built
Neighborhood:
East Santa Cruz
County:
Santa Cruz
Area:
East Santa Cruz
Property Description
157 Lee Street is a charming and well-located community situated in the city of Santa Cruz, California. This apartment complex has been meticulously well-maintained and properly managed by the current ownership. Situated 2.5 miles from the famous Santa Cruz Beach Boardwalk, 157 Lee Street offers an investor or resident an easily accessible location, a desirable unit-mix, a flexible rent controlled market, and a location that will benefit new investors with consistent cash flow and asset appreciation for many years to come. Additionally, this community has a net rentable square footage of 3,072 (per county records) and accommodates an attractive unit-mix of four two bedroom/one-bath units. Santa Cruz is considered a major city along the California Pacific Coast and will continue to expand its economic and social infrastructure due to close proximity to major technology and agricultural institutions in Northern California.
Exterior Features

Foundation Concrete Perimeter Garage Parking Covered ParkingOn Street Number Of Buildings 1 Parking Spaces 0 Pool YN No Roof Composition

Interior Features

Beds Unit1 2 Beds Unit2 2 Beds Unit3 2 Beds Unit4 2 Cooling None Heating Wall Furnace Structure Sq Ft 3072

Property Features

Accessibility Features None Additional Listing Info Not Applicable City Name Santa Cruz Hoa YN No Horse Property YN No Lot Size Area Maximum 7579.00 Meters Master WaterSeparate ElectricSeparate Gas Property Sub Type Fourplex Rent Unit1 2595 Rent Unit2 2600 Rent Unit3 2610 Rent Unit4 2820 Security Features None Sewer Septic Sewer Connected Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas Meters Water Water On Site Zoning R3

Listing provided courtesy of Jimmy Castellanos of Marcus & Millichap: 408-483-5040.



© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-06-05T15:49:52.427. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

Licensed in the State of California.
Website powered by BoomTown.
 
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