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214 S Branciforte AVE

SANTA CRUZ, CA 95062
Square Ft.
5,285
Active
Multifamily
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$3,195,000
Extensively and tastefully renovated turnkey investment opportunity with upside in rent income and ADU development potential. The property operates at a 5.21% in-place cap rate, with upside of achieving a 7.3% cap rate. Ideally located in the sought-after Seabright neighborhood, the Branciforte Apartments are just a 10-minute walk from Seabright… Read MoreRead Less
Market LogoCourtesy of Redwood Property Company, Alex Budka 831-275-5370
Listing Snapshot
Days Online
2
Last Updated
Property Type
Five Or More Units
Square Ft.
5,285
Lot Size
0.23 Acres
Year Built
1974
MLS Number
ML82021786
30 Days Snapshot Of 95062
$2.07M
+1%
(avg) sold price
21
+50%
homes sold
48
+84%
(avg) days on market
Snapshot
Area Map
Additional Details
Unit Two
Rent: $3,695, 917 approximate square feet, bedrooms: 2
Lot
Max Area: 10106.00, Max Area Units: Square Feet, Lot is 0.23200183654729 acres
Accessibility Features
Other
Unit One
Rent: $3,845, 1,150 approximate square feet, 2 bedrooms
Building
5,285 structure square feet, Age: 51, Built in 1974, 1 building, 5 minimum units in complex
Cooling
None
Foundation
Concrete Slab
Garage
Covered Parking, Tandem Parking
Water Features
Individual Water Meter
Heating
Wall Furnace
Tenant Pays
Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
Miscellaneous
Total expenses: 56774
Parking
2 parking spaces
Property
Zoning: Multifamily
Roof
Flat / Low Pitch
Security Features
Other
Taxes
Annual tax amount: $34,765
Sewer
Sewer - Public
Utilities
Separate Electric, Separate Gas, Separate Water, Individual Electric Meters, Individual Gas Meters, Solar
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Monthly Payment
$0
Chris Mogensen
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Schools In The Area

Check out nearby schools with ratings and contact info.
Gault Elementary School 831-429-3856 Public KG-5
Branciforte Middle School 831-429-3883 Public 6-8
Harbor High School 831-429-3810 Public 9-12
Gault Elementary School 831-429-3856 Public KG-5
Gault Elementary School 831-429-3856 Public KG-5
Branciforte Middle School 831-429-3883 Public 6-8
Harbor High School 831-429-3810 Public 9-12

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