1140 Laurel St - Multi-Family FOR SALE


Santa Cruz, CA 95060- Westside
$1,250,000 USD
831-901-2857
1140 Laurel St, Santa Cruz, CA for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/6
null | 3.62% Cap Rate

1140 Laurel St
Santa Cruz, CA 95060
Westside


HIGHLIGHTS

  • The location is superb for access to local businesses, activities, schools and the highway.
  • Unit 1138 was totallly remodeled in 2024. Unit 1140 has been updated as needed. The entire property and homes have been maintained very well.
  • Each unit has a private garage and back yard. There are up to four parking spaces on the driveway.

OVERVIEW

This is a pride of ownership duplex in the heart of the Lower Westside of Santa Cruz, adjacent to Downtown. Both units have tenants. Welcome to this charming residential DUPLEX in Lower Westside Santa Cruz. A prime location adjacent to downtown. Each beautifully upgraded and maintained unit is 546 square feet with one bedroom, one bathroom, a living room, and an eat-in kitchen. Laundry convenience is ensured for each tenant with an in-home washer and dryer. Also included is a private 1-car garage per unit, providing secure parking and storage space. There are also 4 off-street parking spots. The property features a spacious lot of 6360 sq ft, offering plenty of room for outdoor activities or gardening. Each unit is assigned a separate beautiful backyard. Close to bakeries, restaurants, transit, grocery stores, and more. Easy commuting location. Perfect rental location. Many thoughtful updates make this an unparalleled investment opportunity. Don't miss out on this delightful Santa Cruz gem!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$657 USD /SF

# OF UNITS

2

PRICE/UNIT

$625,000

CAP RATE

3.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duplex 1138-1140 Laurel Street

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,360 SF

ZONING

R-15

APN/PARCEL ID

006-493-23-000

ASK ABOUT THIS PROPERTY

Dorene DawsonBailey PropertiesMore Info
831-901-2857

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Dorene DawsonBailey PropertiesMore Info
831-901-2857

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.