Active
117121 Walti and 233-231 Felix Street
Santa Cruz CA, 95060
$6,000,000
$537.25 per sqft
Active
11,168 sqft
Commercial
Built in 1964
Listed by Jimmy Castellanos with Marcus & Millichap 408-483-5040
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.
ML81983159
MLSⓇ ID
October 9, 2024
Listed
November 22, 2024
Updated
Map
117121 Walti and 233-231 Felix Street
Santa Cruz CA, 95060
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.36 Acres
School Information
School District
Other
High School
Santa Cruz
Elementary School
Other
Other Property Details
Area Name
699 - Not Defined
Taxes
$65,287
Tax Frequency
Annually
Days on Market
41
Garage
No
Parking Total
2
View
No
County
Santa Cruz
Water Source
Public
Pool
No
Zoning
R-L
Listing Contact: (650) 391-1700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 7:09 PM UTC