$ 6,000,000
117-121 Walti and 233-231 Felix ST Santa Cruz, CA 95060
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$ 6,000,000
Est. payment | /mo
1 Bed
1 Bath
11,168 SqFt
$ 6,000,000
Est. payment | /mo
1 Bed
1 Bath
11,168 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 11,168 sqft
Price per Sqft $537
MLS Listing ID ML81983159
Bedrooms 1
Full Baths 1
Year Built 1964
Lot Size 0.360 Acres
Property Description
Jimmy Castellanos is proud to present a highly unique multifamily portfolio consisting of four adjacent parcels located at 117-121 Walti Street and 231-233 Felix Street in Santa Cruz, CA. This rare offering features 16 charming, one-bedroom, townhome-style units, each thoughtfully designed with private balconies. Built in 1964, these units appeal to both professional and student renters, creating a diverse and steady tenant base. The portfolios standout feature is the four separate parcels, each with a fourplex, offering flexibility and a wide range of investment possibilities. Investors have the option to purchase the entire portfolio with the potential to sell each parcel individually for a profit. Located just off Laurel Street, the property is within walking distance to downtown Santa Cruz and the lively Mission Street, known for its restaurants and shops, making it highly desirable for tenants.
Location
State CA
County Santa Cruz
Area West Santa Cruz
Building/Complex Name Walti Felix Fourplex Portfolio
Zoning R-L
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Exterior
Garage Carport
Utilities Available Public Utilities
Roof Type Polyurethane,Rolled Composition
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 004-022-20
Security Features None
Special Listing Condition Not Applicable
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Listed by Jimmy Castellanos • Marcus & Millichap