CA > Santa Cruz
Santa Cruz, CA 95060,118122 Beulah CT
Santa Cruz, CA 95060,118122 Beulah CT
Santa Cruz, CA 95060,118122 Beulah CT
Santa Cruz, CA 95060,118122 Beulah CT
Santa Cruz, CA 95060,118122 Beulah CT
Santa Cruz, CA 95060,118122 Beulah CT
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Carlos Elizalde

Carlos Elizalde

+1(714) 389-8310
$ 1,200,000
Est. payment | /mo

1,500 SqFt

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$ 1,200,000
Est. payment | /mo
Save Virtual Tour Video Tour

1,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $800

MLS Listing ID ML82011974

Condo Fees $458

HOA Fees $458

HOA Y/N Yes

Year Built 1963

Annual Tax Amount $9,070

Lot Size 0.269 Acres

Property Sub-Type Triplex

Property Description

Excellent income property with long-term appreciation potential in the heart of Santa Cruz. This well-maintained triplex features three 1-bedroom, 1-bathroom units with long-term tenants and a strong rental history. Current rents are below market, offering immediate upside. Pro forma rents of $2,349/unit reflect a stabilized cap rate of 5.9%. The current owner pays for water and trash expenses that can be shifted to tenants to improve NOI and returns. Upgrades include flooring, modern appliances, and an engineered septic system, making this a clean, low-maintenance investment. Each unit is separately metered for PG&E, and there is ample parking and private outdoor space for tenants. The property is located in a commuter-friendly area with strong rental demand and zero vacancy history. Triplexes in Santa Cruz with this level of care, condition, and long-term stability are rare. Build your portfolio and grow your wealth in one of Californias most desirable coastal markets. Please do not disturb tenants. Inspections Available.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning SU

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Accessibility Parking

Total Parking Spaces 6

Building

Story 1

Foundation Concrete Perimeter

Sewer Engineered Septic

Water Public

Architectural Style Ranch

Schools

School District Other

Others

Tax ID 00744102

Special Listing Condition Standard

Virtual Tour https://118122beulahct.brandijonesstories.com

CRMLS – RECore
Listed by Brandi Jones KW Thrive Santa Cruz

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agent
Carlos Elizalde

Broker Associate | License ID: 02090487

+1(714) 389-8310

Riverside, CA, USA

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