904 Salinas Road, Royal Oaks, CA 95076
  • MLS#: ML81994165 ( Commercial )
  • Street Address: 904 Salinas Road
  • Viewed: 6
  • Price: $2,850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1968
  • Bldg sqft: 0
  • Days On Market: 10
  • Additional Information
  • County: SANTA CRUZ
  • City: Royal Oaks
  • Zipcode: 95076
  • Provided by: Baird Partnership, Inc.
  • Contact: James James
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This is a rare opportunity to acquire a 10 unit multi family property spread across six buildings, featuring a desirable mix of three bedroom and two bedroom units in a high demand rental market. The owner has renovated units as they have turned over and purposefully left 3 units vacant for the new owner to fill at market rate rents. This well maintained asset offers a steady income stream, with room for rental growth and operational efficiencies. Diverse Unit Mix: (4) Three bedroom units & (5) Two bedroom units, (1) large one bedroom unit Strong Occupancy: High tenant retention with consistent rental demand Expansion & Value Add Potential: Opportunity to increase rents through renovations, or redevelopment Prime Location: Located just off Highway 1 and situated near major employers, transportation, and amenities Stabilized & Income Producing: Immediate cash flow with upside potential
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Property Type
  1. Commercial