21661 E Cliff DR, Santa Cruz, CA 95062
21661 E Cliff DR, Santa Cruz, CA 95062
21661 E Cliff DR, Santa Cruz, CA 95062
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$11,470,000
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0.64 Acres Lot
Active

21661 E Cliff DR Santa Cruz, CA 95062

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Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82032603

HOA Y/N No

Year Built 1948

Annual Tax Amount $124,966

Lot Size 0.636 Acres

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.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning VA

Interior

Heating Forced Air, Floor Furnace, Wall Furnace

Fireplace No

Exterior

Carport Spaces 8

Roof Type Composition

Total Parking Spaces 25

Building

Lot Description Corners Marked, Level

Water Public

Schools

School District Other

Others

Tax ID 02816413000

Security Features Security Lights

Special Listing Condition Standard

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Listed by Anton Lazarenko eXp Realty of Northern California, Inc. #02177813

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21661 E Cliff DR

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Herb Rim

Herb Rim

Realtor | License ID: 01870707

+1(818) 699-9179

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