Property profile

2206 40th Ave Santa Cruz, CA 95062

OFF-MARKET
Assisted living facilities
Property ID
US09-1868427
2,180 SF 0.16 ac lot Built 1962
Entity Owned 23-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1962
Construction WOOD
Total area 2,180 SF
Lot 0.16 ac (6,795 SF)
Zoning code R-1-6
APN 031-053-11
UPID US09-1868427

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2206 40th Ave Santa Cruz, CA 95062-2064
Santa Cruz metro Census 121702 SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2002
5 recorded transactions
2002
$347,000
1990
$320,000
1990
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-1-6 · Santa Cruz, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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