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$4,175,000

  • Sold
  • Closed
  • Commercial Residential Facility
  • 5,920 Sq. Ft.
  • 0.253 Acres
See This Home
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See This Home
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Property is located in the Economic Opportunity Zone. Prime Investment Opportunity". This 12-unit apartment building has been in the same family for over 40 years. Currently the tenants have month to month leases. Current rents are below market rates with huge upside potential. There are 11 one-bedroom apartments and 1 studio apartment, private patio decks, many with ocean views including one with a roof top deck with views of the entire bay. Exterior has been freshly painted and a new roof installed in 2023. Close to all amenities including walking distance to the Santa Cruz Boardwalk, beach, wharf, and restaurants. Owner willing to carry.

Full Property Details for 321 Second St

General

  • Sold For: $4,175,000
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML81958891
  • Added to Site: 704 day(s) ago

Interior

  • Flooring: Carpet, Vinyl / Linoleum

Rooms

Other Rooms

  • Laundry: Coin-Operated

Additional Information

  • Security/Safety: None

Parking

  • Parking Features: Carport , Common Parking Area, Covered Parking, Lighted Parking Area, No Garage, Off-Street Parking

Location

  • Area: West Santa Cruz
  • County: Santa Cruz
  • Complex: Anchor Apartments Of Santa Cruz

Community

  • Assoc. Fees Include: Common Utility Room

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public Utilities
  • Metering: Master Gas, Separate Electric

Structural Information

  • Foundation: Concrete Perimeter, Crawlspace
  • Roof: Bitumen, Flat / Low Pitch
  • Disability Access: Bathroom Features, Kitchen Features
  • Square Feet: 5,920
  • Year Built: 1946

Unit Information

Unit 1

  • Square Feet: 493
  • Bedrooms: 1

Unit 2

  • Square Feet: 493

Lot Features

  • Property View: City, Ocean
  • Lot Size (Acres): 0.253
  • Minimum Lot Size: 11021
  • Building Sites: 1
  • Grounds/Landscape: Back Yard, Balcony / Patio, Deck , Storage Shed / Structure
  • Zoning: Apt 11-20 Units
  • Lot Description: Views

Disclosures and Reports

  • Restrictions: Other

Meet the listing and selling agents

Meet the listing and selling agents
— 321 Second St —

Get Pre-Approved Today

Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 321 Second St

School Districts:Santa Cruz City Elementary School District, Santa Cruz City High School District
NameGradesDistance
Bay View Elementary School
1231 Bay Street, Santa Cruz, CA 95060
K-51 mi
Mission Hill Middle School
425 King Street, Santa Cruz, CA 95060
7-81 mi
Santa Cruz High School
415 Walnut Avenue, Santa Cruz, CA 95060
9-120.7 mi
Harbor High School
300 La Fonda Avenue, Santa Cruz, CA 95062
9-122.2 mi
Soquel High School
401 Soquel San Jose Road, Soquel, CA 95073
9-123.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 321 Second St

Date
Details
Price
Change
Source
7/31/2024
Sold
$4,175,000
-7.22%
MLS
5/09/2024
Price Reduced
$4,500,000
-7.22%
MLS
3/25/2024
Listed
$4,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 321 Second St

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4237 Topsail Ct, Soquel, CA 95073 - Photo 1 Price Reduced
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300 Plum St 23, Capitola, CA 95010 - Photo 1 Price Reduced
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2155 Wharf Rd 12, Capitola, CA 95010 - Photo 1 Price Reduced
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Recent Sales near 321 Second St

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Sold by Expca, Ted Mendoza and eXp Realty of California Inc, Lisa Salinero

321 2nd St, Santa Cruz, CA 95060 (MLS# ML81958891) is a Commercial Residential Facility property that was sold at $4,175,000 on July 31, 2024. This property was listed by John Skillicorn from our Aptos Office.Want to learn more about 321 2nd St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Santa Cruz? You can browse all Santa Cruz real estate or contact a Coldwell Banker agent to request more information.