ATTENTION INVESTORS! This multi-unit property has a favorable CAP RATE with strong rental history, inquire for details! Just under a half acre FLAT LOT, complete with ocean and boardwalk views. The large parcel may present improvement possibilities - buyer to verify with the City of Santa Cruz. This unique property is centrally located, has yards/private space for each unit, and lots of off-street parking. The upside potential of this cannot be overstated. Close to bus routes, the amenities of the Seabright area such as Seabright Brewery, Betty Burgers, and Java Junction, and is located just a block from Seabright Beach. This property is priced to sell, so don't miss out! In the event of a completed foreclosure sale under the current deed of trust before Close of Escrow under any Purchase Agreement, Seller reserves the right to cancel the Agreement.
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