
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
708 Riverside Ave
Santa Cruz, CA 95060
Multifamily Property For Sale · 4 Units

PROPERTY FACTS
No. Units | 4 | Building Size | 2,589 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built | 1925 |
Building Class | C | Parking Ratio | 0.93/1,000 SF |
Lot Size | 0.17 AC |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.17 AC |
Building Size | 2,589 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1925 |
Parking Ratio | 0.93/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
- Carpet
- Freezer
- Vinyl Flooring
Site Amenities
- Laundry Facilities
About 708 Riverside Ave , Santa Cruz, CA 95060
Elan Multifamily Investments is pleased to offer Kahale Court located at 708 Riverside Avenue, Santa Cruz. Kahale Court offers the investor the opportunity to acquire a 4-unit property in a historically strong rental market. The building offers (2) one bedroom/one bath units and (2) two bedroom/1 bath units. Sub-metering for gas and electric is underway to be completed with permits. This project alone will save the buyer $12,000 per year. Recent improvements and tenant amenities include freshly painted exterior, 4 on-site parking spaces, shared garage for extra storage, new gutters. “Smart” laundry machines allow the tenants the freedom of paying from an application on their phone or using coins. The spacious unit interiors feature a combination of woodgrain vinyl laminate flooring, tile, or carpeting, custom two-tone interior paint, window blinds and large windows for natural lighting. The outdoor porch provides a peaceful setting for a relaxing afternoon. Tenants can try their hand at gardening this Spring with the addition of 2 new gardening boxes. Subject property is located just minutes away from Downtown Santa Cruz, offering over 100 shopping, dining and entertainment options. Located less than 1 mile away is Santa Cruz Beach Boardwalk & Wharf founded in 1907, California's oldest surviving amusement park and the last remaining seaside amusement park on the West Coast of the United States. Santa Cruz’ recent industry growth has resulted in new and proposed development plans to include a fully entitled mixed-use high-density development downtown at 555 Pacific Avenue which consists of a 4-story building with 94 residential units and 4 commercial units. New to the area is Fairfield Inn & Suites by Marriott. The anticipated development at the site of the historic La Bahia is scheduled to begin this Summer resulting in a 165-room hotel with event/meeting space, two restaurants, pool, spa, and 244 on-site parking spaces. Santa Cruz has created a market that’s distinctly different from those in the nearby Silicon Valley and San Francisco Bay area. The natural features and small-town appeal encourage a boutique market for entrepreneurs and business owners who seek a lifestyle that really has it all; and a community eager to support local businesses.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 2 | $2,095 | 695 - 795 |
2+1 | 2 | $2,300 | 795 |
PROPERTY TAXES
Parcel Number | 007-401-20-000 | Improvements Assessment | $499,310 |
Land Assessment | $893,502 | Total Assessment | $1,392,812 |
PROPERTY TAXES
zoning
Zoning Code | R3 (Multiple Residential) |
R3 (Multiple Residential) |
Learn More About Investing in Apartment Buildings
Listing ID: 15621209
Date on Market: 4/3/2019
Last Updated:
Address: 708 Riverside Ave, Santa Cruz, CA 95060
The Multifamily Property at 708 Riverside Ave, Santa Cruz, CA 95060 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS
Nearby Listings
- 160 Park Pl, Santa Cruz CA
- 140 Vernon St, Santa Cruz CA
- 117-121 Walti St, Santa Cruz CA
- 4150 Soquel Dr, Soquel CA
- 317 Leibrandt Ave, Santa Cruz CA
- 413 Laurel St, Santa Cruz CA
- 120 Trinity St, Santa Cruz CA
- 148 Campbell St, Santa Cruz CA
- 413 2nd St, Santa Cruz CA
- 409 2nd St, Santa Cruz CA
- 123 Pearl St, Santa Cruz CA
- 315 Ocean st, Santa Cruz CA
- 723 El Salto Dr, Capitola CA
