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3230 Mission Dr, Santa Cruz, CA, USA

For Sale

6 Delightful Village Residences

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 on a prime Mid-County location! The Original 3 BR/1.5 Bath Home sits back from Mission Dr behind a charming entry pergola and 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 an adjacent garage that offers potential to expand to a 3/2 of 1030 SF. At the back of the property are the final 2 standalone homes, each of which has an attached garage offering room to add another bedroom and bath. One has a 2/1 floorplan in 911 SF, expandable to 1111 SF, and the other has a 2/1.5 floorplan in 982 SF, expandable to 1182 SF plus an outbuilding with potential for conversion to yet another ADU. Research shows Market GSI of $300K as-is, with upside if you convert the garages and ADUs. Additional opportunities abound with a tentative map and TIC docs ready to file, and an adjoining parcel offered separately that is entitled for development of 21 units. And following is the text for the Confidential Agent Remarks section: Contact Listing Agent for Showings. The house at 3230 Mission Dr is available for the initial showing, and other units can be made available to show upon a return visit. Each unit has its own address and PG&E service. Regarding "UTILITIES, OTHER": The 3 townhouses have 1 water meter, and the 3 houses are on separate water meters. Regarding “FINANCING": Owner will carry Buyer's loan, with considered terms of up to 70% LTV and a competitive interest rate of 6.5%, with interest-only payments providing better monthly cash flow, and the full principal balance due in 7-10 years.

Floor Plan

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