Project Description

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Waterview Apartments

For Sale at $4,500,000

13 Total Units

10,504 Bldg. Sq. Ft.

4.40% Cap Rate
[col class=”2/3 last”]A rare offering of 2 parcels totaling approximately 14,000 square feet and consisting of 13 units just steps to the beach, Crow’s Nest, and yacht harbor. Great rental history with upside potential. Dedicated parking for each unit plus a 2-car garage. This property makes for a great investment, or keep one as your vacation house, or a family compound by the beach. With this great property the possibilities are endless.

The apartments are conveniently located close to downtown, the beach, Crow’s Nest, Santa Cruz Beach Boardwalk amusement park and University California Santa Cruz (UCSC).[/col]

Is 1234 Jones Street the right multi-family investment property for you? Give me a call (310)858-5489 and let me help you find your next real estate investment!