Property summary
This exceptional 3,070 square foot multifamily property in Boulder Creek, California, presents a unique investment opportunity. Built in 1964, this building, previously used as a medical office, sits on a 0.221-acre lot (9,627 square feet) and includes a convenient two-car garage and ample parking. Zoned C-2, the Santa Cruz County has indicated a potential for conversion to 80% residential and 20% commercial use, offering flexibility for a variety of live-work scenarios. The spacious interior allows for customization to create the ideal layout for residential or mixed-use purposes. Located in downtown Boulder Creek, the property enjoys a serene setting amidst redwood trees, offering both the charm of a small town and easy access to amenities. The asking price is $697,000. Potential buyers are responsible for verifying all use options with Santa Cruz County. High-quality 3D and aerial videos are available for a comprehensive property overview. This property offers a rare chance to create a thriving business and/or comfortable living space in a desirable location. The property's size and zoning provide significant potential for future development and income generation. Don't miss this chance to own a versatile and well-located property in the heart of Boulder Creek.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Boulder Creek, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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