$1,500,000
For Sale

231 Felix Street

Santa Cruz, CA 95060
2792 sqft | 0.09 acres | #ML81983726
Listing OfficeMarcus & Millichap
Browse 8 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Portfolio Sale: 117 Walti Street, 121 Walti Street, 231 Felix Street & 233 Felix Street Jimmy Castellanos is proud to present a highly unique multifamily portfolio consisting of four adjacent parcels located at 117-121 Walti Street and 231-233 Felix Street in Santa Cruz, CA. This rare offering features 16 charming, one-bedroom, townhome-style units, each thoughtfully designed with private balconies. Built in 1964, these units appeal to both professional and student renters, creating a diverse and steady tenant base. The portfolios standout feature is the four separate parcels, each with a fourplex, offering flexibility and a wide range of investment possibilities. Investors have the option to purchase the entire portfolio with the potential to sell each parcel individually for a profit. Located just off Laurel Street, the property is within walking distance to downtown Santa Cruz and the lively Mission Street, known for its restaurants and shops, making it highly desirable for tenants.

  • Property Details
      • FoundationConcretePerimeter
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • High SchoolSanta Cruz
      • CountySanta Cruz
      • Original List Price$1,500,000
      • MLS #ML81983726
      • Property SubtypeQuadruplex
      • MLS #ML81983726
      • Taxes Annual$16,321
      • Cost1500000
      • Utility SourcePublic
      • Acres0.091
      • School DistrictOther
      • Elementary SchoolOther
      • Middle SchoolOther
      • Square Feet2792
      • Year Built1964
      • Stories2

Location

Paul FisherReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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