2030 Kinsley Street, Santa Cruz, CA 95062

$2,495,000
4,612
SqFt

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List Price
$2,495,000
Status
ACTIVE
MLS#
ML82057797
Year Built
1962
Living Sq. Ft
4,612
Lot Size
12,981
Acres
0.30
Days on Market
10
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

In Santa Cruz, location drives demand, and 2030 Kinsley Street puts an investor in the heart of the Live Oak lifestyle. This four-unit property offers the flexibility to build a strong rental portfolio or live in one residence while generating income from the other three, with potential access to owner-occupied financing. The property includes three two-bedroom residences and one spacious three-bedroom residence, with current rents totaling $15,995 per month. Each unit has its own garage, adding valuable parking and storage for residents. Three units feature updated dual-pane windows, while all four have newer water heaters and gas ranges. Beyond the numbers, its a location renters want to call home. Shopping, schools, Simpkins Family Swim Center, neighborhood parks, athletic fields, Twin Lakes State Beach, and the Santa Cruz Harbor are all nearby, making daily life easy and giving the property lasting rental appeal. For an investor, its a rare combination: four residences, established income, individual garages, and a location that continues to deliver.

Additional Information

Taxes
$18,324
Appliances
Dishwasher, Gas Cooktop, Refrigerator
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Composition
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
School District
Other
Elementary School
Live Oak
Middle School
Other
High School
Soquel
Attached Structure
Detached
Gross Scheduled Income
$191,940

Listing courtesy of Listing Agent: Strock Team (ben@strockrealestate.com) from Listing Office: eXp Realty of California Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.