117121 Walti and 233-231 Felix Street
Santa Cruz, CA 95060
0.36 acres | #ML81983159
Description
Jimmy Castellanos is proud to present a highly unique multifamily portfolio consisting of four adjacent parcels located at 117-121 Walti Street and 231-233 Felix Street in Santa Cruz, CA. This rare offering features 16 charming, one-bedroom, townhome-style units, each thoughtfully designed with private balconies. Built in 1964, these units appeal to both professional and student renters, creating a diverse and steady tenant base. The portfolios standout feature is the four separate parcels, each with a fourplex, offering flexibility and a wide range of investment possibilities. Investors have the option to purchase the entire portfolio with the potential to sell each parcel individually for a profit. Located just off Laurel Street, the property is within walking distance to downtown Santa Cruz and the lively Mission Street, known for its restaurants and shops, making it highly desirable for tenants.
Property Details
- Acres0.36
Construction Details
- Property TypePurchase
Condition
- Year Built1964
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- High SchoolSanta Cruz
- CountySanta Cruz
- School DistrictOther
- Elementary SchoolOther
- Middle SchoolOther
Financial Details
- Original List Price$6,000,000
- Taxes Annual$65,287
Other
- MLS #ML81983159
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jimmy Castellanos (#ML5073942)
Listing Office: Marcus & Millichap (#ML88226)
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