311 Capitola Road Ext., Santa Cruz, CA 95062 - ML81818240 - iPro Real Estate
iPro Real Estate

iPro Real Estate

311 Capitola Road Ext.
Santa Cruz, CA 95062

Pending, Multi-Family/Income Sale

For Sale

$1,395,000 $318.57 per sqft

Free Professional CMA

Listing ID : ML81818240

  • Garage

    2
  • Structure / Lot Size

    4,379 Sqft / 0.2710 Acre
  • Year

    1965

Description

Are you looking for a fantastic investment property in Santa Cruz that offers long & short term growth opportunities? Lloyd's Tire Shop is a thriving business with a highly visible, corner lot location. Directly behind Lloyd's Tires is a large single level home with a bright, open floor plan, beautiful architectural features, updates throughout, a large garage, and a fenced-in yard. You can live in the house & utilize the income from Lloyds Tires to cover your expenses or continue to rent both sides with the current tenants already in place. Centrally located for business & residential purposes, close to the SC Harbor & Arana Gulch, elementary & high schools are within walking distance, easy freeway access, amenities & beaches in Midtown are minutes away. This is your chance to invest in paradise and watch the $$$ and the waves roll in!

Details

Type: Multi-Family/Income Sale 
Subdivision: Live Oak 
County: Santa Cruz 
Security Features: None 
Tax ID: 026-091-22-000
Annual Taxes: $8,036
School District: Santa Cruz City High
Building Size: 4,379 SqFt 
Cap Rate: 5.14% 
Gross Rent Multiplier: 16.56 
Days on Market: 361 
Access Features: None 
Amenities: High Ceiling  
Construction Type: Wood , Wood Frame 
Flooring: Carpet, Tile 
Foundation: Concrete Slab 
Horse Property: No
Kitchen: Dishwasher, Oven Range - Electric, Refrigerator 
Number of Buildings: 2 
Parking Spaces: 8 
Property Type: Commercial Sale 
Roof: Composition, Shingle 
Sewer: Sewer - Public 
Sub Type: Mixed Use or Other Multi-Unit 
Utilities: Public Utilities 
Water: Public 

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Interactive

36.981388 -121.99276 $1,395,000 ML81818240
311 Capitola Road Ext., Santa Cruz, CA 95062
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Area Information 95062

Population:

36,107 Up .01% since 2010
Average Income:
$81,544
Average Age:
38Years
Gender:
49.61%Male
50.39%Female
Households:
15,14225.39% with children
Average Value:
$1,099,214
Occupancy:
47.14%Owned
52.86%Rented
11.53%Vacant
Education:
16.41%High School
8.72%Associate
24.21%Bachelor
13.86%Graduate
Average Residency:
20Years
Crime Rate:
Below Average
Annual Rainfall:
27.01Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low

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Listed by Bjorn Berg with Strock Real Estate

Based on information from the MLSListings MLS) as of 10/26/2021. 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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 10/26/2021. 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. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes