Property listed by Coldwell Banker Realty, Paul Zech 831-688-6461
$1,095,000
319 Jessie St, Santa Cruz-Turnkey Cash Flow in a Supply-Starved Market. At $4,800/month in current rental income, this East Santa Cruz income property is already working for you from day one. Annualized, that's $57,600 in gross rents on a $1,200,000 ask in a coastal California city where vacancy rates stay… Read More historically low and rental demand consistently outpaces supply. The 3-bed, 2-bath single-story home spans 1,475 sq ft on a 5,009 sq ft lot with a 2-car attached garage and parking for up to four vehicles. Long-term tenants are in place, eliminating the typical turnover headache and stabilizing your returns immediately at close. RL zoning adds a layer of upside worth exploring potential for additional density or future development, subject to buyer verification with the City of Santa Cruz. The shared driveway arrangement with neighboring 315 Jessie St. keeps the footprint efficient.Whether you're 1031-exchanging into a low-maintenance hold or anchoring a growing Santa Cruz portfolio, this property delivers the fundamentals: reliable income, a desirable location, and room for long-term appreciation. Read Less
Listing Snapshot
Days Online
69
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
1,475
Lot Size
0.11 Acres
Year Built
1979
MLS Number
ML82030981
Additional Details
Building
Built in 1979, Living area: 1475.0, 1 storey
Cooling
None
Fireplaces
Insert, WoodBurningStove
Foundation
ConcretePerimeter
Garage
2 spaces
Heating
Central
Lot
0.115 acres
Parking
4 total parking spaces
Roof
Composition
Sewer
PublicSewer
Taxes
Parcel Number: 01055116000, Zoning: R-L
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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