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5 Townhouse Style Units in SC

816 Riverside Avenue, Santa Cruz, CA, USA

For Sale

$3,250,000

Size

5 Townhouse Style Units in SC

5 townhouse style units, each with its own enclosed private patio on a peaceful garden setting with old growth landscaping. Fully lit common areas include a large back patio & bonus triangular area in back. Located on the quiet section of Riverside dotted with Victorians, walking distance to the shops & restaurants of downtown.


Quality designed and constructed by Holcomb in 1976 to condominium standards w/ double-framed demising walls, 54 SF laundry room w/ coin-op machines, 3 tenant storage closets, owners storage room, 5 covered+5 open parking spaces. Individually metered, w/ modern electrical system, individual water heaters, separate water shutoff valves, copper plumbing & ABS waste line.


Held in the same family for 2+ decades, faithfully maintaining the buildings and updating each unit as they turn over. This is a rare opportunity to acquire a quality-built heritage property w/ solid cash flow. Seller will consider financing 10-year note at 6.25% interest only, w/ 30% down payment.

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$3,250,000

3 Beds

2 Baths

768 Approx. Sq Ft

Multi-Res

Presented By:

Broker & Owner

Datta Khalsa

Residential, Commercial, and Business Sales

Realtor®

Farrah Giblin

Residential, Commercial and Business Sales

 NOW AVAILABLE

The Dwellings of Soquel

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