232 30th AVE, Santa Cruz, California
232 30th AVE, Santa Cruz, California 95062 - 3 Vintage Turn Key Beach Bungalows! Amazing Pleasure Pt location, less than 2 blocks to best surfing, beaches & restaurants. Perfect for multi-generational compound on huge 8000 sq. ft. lot or live in one and enjoy income from 2 others! Possible expansion opportunities on this huge lot. Currently a strong investment w permitted vacation rental history. Great P&L figures and a 4.8 cap rate. Each home offers privacy & landscaped separate spaces. All are legal dwellings with original hm approx. 750 sq.ft, and units B and C appx. 550 each. All homes are have been remodeled w beautiful floors and double paned windows. Each has a private yard and mature landscaping. Paved driveways and paths provide off-street parking for 4-6 cars. Showing is limited so see extended hours of open houses and bring clients to Broker's. Check out this creative opportunity in Pleasure Point!
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Listing Courtesy of Geneva Lawless~David Lyng Real Estate