REDUCED
  • MLS® #: ML81643169
  • 609 Ord St
  • APTOS, CA 95003
  • $1,750,000
  • 4011 SQ. Feet, 0.26 Acres
  • Multi-Residential
  • Agent: Datta Khalsa
  • Office: Main Street Realtors

Awesome Seacliff Triplex with big units on large landscaped lot in quiet neighborhood of homes, walking distance to the beach. Rents are low, with all tenants in place for 5+years. House now vacant, undergoing renovation for new monthly or vacation rental (appears eligible under SADA mapping). Per Property Manager, Fair Market Rent for house is $4800 per month or $350 per night. Pro forma rents for the two duplex units are conservatively at $3200+$3400, for blended Pro Forma GSI or $137,760, indicating projected GRM of 12.7 and Cap Rate of 5.1%. This is a sleeper!

Essential Information

  • MLS® #ML81643169
  • Price$1,750,000
  • Square Footage4,011
  • Square FootageOther
  • Acres0.26
  • Year Built1958
  • TypeMulti-Residential
  • Sub-TypeTriplex
  • StyleTraditional, Flat
  • StatusActive

Community Information

  • Address609 Ord St
  • AreaSeacliff
  • CityAPTOS
  • CountySanta Cruz
  • StateCA
  • Zip Code95003

Amenities

  • Parking Spaces6

Utilities

Individual Electric Meters, Public Utilities, Natural Gas

Interior

  • HeatingGas Heat, Wall Furnace
  • CoolingNo Cooling
  • # of Stories2

Exterior

  • RoofOther Roof, Composition Roof
  • FoundationConcrete Perimeter

Additional Information

  • ZoningR-1-4
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