Seabright Ave Santa Cruz, CA 95062

The property at Seabright Avenue is a 9-unit multifamily property that has been under the same family ownership for approximately 50 years. It is located near Seabright Beach, the Santa Cruz Small Craft Harbor, and various local restaurants within the Seabright neighborhood. The units are positioned away from the street, offering a quiet living environment for residents. The property includes 13 parking spaces, with eight covered carport spaces. The unit mix consists of eight 1-bedroom, 1-bath units housed in a two-story building, each featuring a patio or balcony. The ninth unit is a separate 3-bedroom, 1-bath house with a fenced front patio and the possibility of creating a large, fenced backyard. The house can serve as a rental or an owner's beach unit. There is open space, with potential for additional development, as the adjacent parcel is similarly sized and contains 14 units. Over the past two years, the owner has invested nearly $200,000 in improvements, including a new roof on the main building, re-piping of the main building, and a new sewer lateral. The property size is 6,406 square feet. One unit occupied by owner's son not paying rent, will be delivered vacant at closing.