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Key Details
Sold Price $2,800,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,672 sqft
Price per Sqft $493
MLS Listing ID ML81960512
Sold Date 12/12/24
Style Traditional
Bedrooms 8
Full Baths 6
Half Baths 3
Year Built 1975
Lot Size 0.473 Acres
Property Description
Newly Improved Price! AND, Seller will carry with 30% down at 6% interest only, with 7-10 year loan. Delightful Village of 6 Residences, with 3 stand-alone Homes plus 3 Townhome-style units and 2 Outbuildings. All this on a large garden parcel with ample yards and plenty of off-street parking in prime Mid-County location! The Original 3 BR/1.5 Bath Home sits back from Mission Dr behind a charming entry pergola & picket-fenced front yard with lush garden. In its large back yard is an outbuilding with potential for conversion to an ADU. Next down the driveway are 3 Townhome-style units, each with private back yards: Two have 2-story 2/1.5 985 SF floorplans and the third has a 2/1 single-level 830 SF floorplan with attached garage offering potential to expand to a 3/2 of 1030 SF. At the back of the property are the final 2 standalone homes, each with an attached garage offering room to add another bedroom and bath. One has a 2/1 floorplan in 911 SF, expandable to 1,111 SF, and the other has a 2/1.5 floorplan in 982 SF, expandable to 1,182 SF plus an outbuilding with potential for conversion to yet another ADU. Research shows Market GSI of $278K as-is, with upside if you convert the 3 attached garages to add master suites, or do a 4-split + sell the back 3 houses to pay off the loan.
Location
State CA
County Santa Cruz
Area Soquel
Zoning RM-3
Rooms
Other Rooms Artist Studio
Kitchen Cooktop - Gas, Countertop - Tile, Exhaust Fan
Interior
Heating Gas, Wall Furnace
Cooling Ceiling Fan
Flooring Carpet, Laminate, Tile
Laundry Washer / Dryer
Exterior
Parking Features Attached Garage, Off-Street Parking, Private / Exclusive, Uncovered Parking
Garage Spaces 3.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities, Other
View Garden / Greenbelt
Roof Type Composition
Building
Lot Description Grade - Level
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public, Sewer Connected
Water Public
Others
Restrictions Age - No Restrictions,Pets - Allowed
Tax ID 025-341-15-000
Security Features Other
Special Listing Condition Not Applicable
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Bought with Navdeep Kaur • eXp Realty of Northern California, Inc.
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033