117-121 Walti and 233-231 Felix ST Active

Santa Cruz,CA 95060

$ 6000000

1 Bed

1 Bath

11168 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,168 sqft

Price per Sqft $537

MLS Listing ID ML81983159

Bedrooms 1

Full Baths 1

Year Built 1964

Lot Size 0.360 Acres

Property Description

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.

Location

State CA

County Santa Cruz

Area West Santa Cruz

Building/Complex Name Walti Felix Fourplex Portfolio

Zoning R-L

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Exterior

Garage Carport

Utilities Available Public Utilities

Roof Type Polyurethane,Rolled Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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