$ 2,975,000
32303240 Mission DR Santa Cruz, CA 95065
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$ 2,975,000
Est. payment | /mo
0.47 Acres Lot
$ 2,975,000
Est. payment | /mo
0.47 Acres Lot
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID ML81960512
HOA Y/N No
Year Built 1975
Annual Tax Amount $42,000
Lot Size 0.473 Acres
Property Description
Newly Improved Price! AND, Seller will carry with 30% down at 6% interest only, with 7-10 year loan. Delightful Village of 6 Residences, with 3 stand-alone Homes plus 3 Townhome-style units and 2 Outbuildings. All this on a large garden parcel with ample yards and plenty of off-street parking in prime Mid-County location! The Original 3 BR/1.5 Bath Home sits back from Mission Dr behind a charming entry pergola & picket-fenced front yard with lush garden. In its large back yard is an outbuilding with potential for conversion to an ADU. Next down the driveway are 3 Townhome-style units, each with private back yards: Two have 2-story 2/1.5 985 SF floorplans and the third has a 2/1 single-level 830 SF floorplan with attached garage offering potential to expand to a 3/2 of 1030 SF. At the back of the property are the final 2 standalone homes, each with an attached garage offering room to add another bedroom and bath. One has a 2/1 floorplan in 911 SF, expandable to 1,111 SF, and the other has a 2/1.5 floorplan in 982 SF, expandable to 1,182 SF plus an outbuilding with potential for conversion to yet another ADU. Research shows Market GSI of $278K as-is, with upside if you convert the 3 attached garages to add master suites, or do a 4-split + sell the back 3 houses to pay off the loan.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning RM-3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Utilities Available Natural Gas Available, Other
Roof Type Composition
Total Parking Spaces 8
Building
Lot Description Level
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Harbor
School District Other
Others
Tax ID 02534115000
Special Listing Condition Standard
Listed by Datta Khalsa • Main Street Realtors