413 Laurel St
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413 Laurel St
3 Unit Apartment Building Offered at $1,795,000 in Santa Cruz, CA 95060
Investment Highlights
- Close to UCSC. Walkability to downtown conveniences.
Executive Summary
Welcome to 413 Laurel St. a beautiful Victorian-style triplex renovated in 2018 & offering 2 residential units & 1 commercial unit. https://www.413laurelst.com This stunning multi-use property offers excellent income opportunity w/ highly desirable location in the heart of vibrant Downtown Santa Cruz within minutes to UCSC! With 2,179 sq. ft.+/- on a spacious 9,148+/- sq. ft. lot, this rare property is a perfect blend of vintage style & modern convenience PLUS a designated 9-space parking lot. The front unit boasts of 4 BR & 2 BA w/beautifully updated kitchen, granite counters, stainless appl., laundry rm, lg. windows & newer LVP flooring throughout. The second unit offers 1 BR & 1 BA with an updated kitchen and BA w/granite, tile and LVP. The third unit is an ADA compliant commercial office space with a half BA. Downtown Santa Cruz provides a unique blend of urban amenities & coastal charm, making it a highly desirable place to live. Nearby amenities include New Leaf & Trader Joe's, a diverse dining & bar scene w/popular spots such as Laili & Abbott Square & moments from stunning beaches like Natural Bridges & Cowells Beach with the historic Santa Cruz Beach Boardwalk, Enjoy easy access to numerous hiking & biking trails in Pogonip & Wilder Ranch. Pacific Garden Mall offers unique shops & farmers' market. Rental rates are projected using property manager's opinion of current rates. Easy to show with 24-hour notice.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Amenities
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Range
- Double Pane Windows
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | $4,800 | 1,221 |
| 1+1 | 1 | $2,600 | 649 |
| Studios | 1 | $1,100 | 309 |
1 of 1
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (99)
zoning
| Zoning Code | MLT (Multi Use zoning) |
| MLT (Multi Use zoning) |
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413 Laurel St
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