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321 2nd St Santa Cruz, CA, 95060
$4,500,000 $350,000 Commercial for sale Other
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.
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Property details
5,920 sqft interior area
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City Lights
Land area
11,021 sqft (0.25 acres)
Days on Verhouse
51
Address
321 2nd St, Santa Cruz, CA, 95060
City of California
Santa Cruz
County
Santa Cruz
Year Built
1946
District
Listing
Virtual Tour
Nearby major retailers
Costco Wholesale Santa Cruz #149
Public Storage
Macy's
Kohl's
Sears
Whole Foods Market
Ross
Trader Joe's
Ace Hardware
See's Candies
Supercuts
GameStop
Sprint Wireless
T-Mobile
Dollar Tree
Safeway
Marshalls
7-Eleven
AutoZone
The Home Depot
Staples
Verizon Wireless
O'Reilly Auto Parts
MetroPCS
GNC
AT&T
Jiffy Lube
Shell
Wholesale: 1
Storage rental: 2
Department store: 6
Supermarket: 7
Do it yourself: 4
Confectionery: 1
Hairdresser: 2
Video games: 1
Mobile phone: 6
Variety store: 1
Convenience: 7
Car parts: 2
Stationery: 1
Nutrition supplements: 1
Car repair: 1
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Interior Features
—
Garage & Parking
Covered
Listed by
John Skillicorn, Coldwell Banker Realty
Name
John Skillicorn
License number
01875872
Brokerage company
Coldwell Banker Realty
MLS #
ML81958891
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Calculate your monthly payments
Mortgage
$13,817
Taxes
$0
HOA dues
$0
Mortgage
$900,000 / 20%
2.28%
30 years
Your amount
$13,817 / month
Lot details
TMK #00721304000
Parcel nr.
00721304000
95060 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95060
39%
Families with children
National average: 39%
49%
Non family households
93,558
Population
$111,287
Average Income
Age & gender
Median age 37 years
More info
Commute types
73% commute by car
More info
Education level
25% have bachelor education
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Number of employees
13% work in education and healthcare
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Vehicles available
35% have 2 vehicle
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Vehicles by gender
35% have 2 vehicle
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Housing market insights for
$1.28m
Neighborhood average
sales price*
sales price*
$1.19m
Neighborhood median
sales price*
sales price*
189
Number
of sales*
of sales*
Housing type
56% are single detacheds
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Rooms
38% of the houses have 4 or 5 rooms
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Bedrooms
63% have 2 or 3 bedrooms
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Owners vs Renters
51% are owners
More info
16.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease May 9, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 9, 2024 | Price Decrease | $4,500,000 -7.22% | 0 | MLS #ML81958891 |
| Mar 25, 2024 | New Listing | $4,850,000 | 0 | MLS #ML81958891 |
Taxes of 321 2nd St, Santa Cruz, CA, 95060
Apt zoning / MLS #ML81958891
Zoning
Apt
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Frequently Asked Questions about 321 2nd St
What is 321 2nd St?
321 2nd St is a Commercial/Industrial propertywith 5,920 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
321 2nd St, Santa Cruz, CA, 95060.
What comparable properties are nearby?
Comparable nearby commercial properties include 221 Raymond St, 603 Mission St, 1307-1313 Seabright Ave, 1105 Water St, 1570 Soquel Dr, 3230-3240 Mission Dr.
Based on information from the bridgeMLS as of 05-14-2024. 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.
Listing last updated on: May 10, 2024
Verhouse Last checked 12 minutes ago
The closest grocery stores are Beach Market, 0.21 miles away and Hernandez Market, 0.46 miles away.
The 95060 zip area has a population of 93,558, and 39% of the families have children. The median age is 37.43 years and 73% commute by car. The most popular housing type is "single detached" and 51% is owner.
