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listing
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Single FamilyPending
$1,850,000
157 Lee Street
Santa Cruz, CA 95060
Courtesy of Marcus & Millichap - Jimmy Castellanos
MLS: Bay East Contra Costa (BECCAR)
3,072Sq Ft
Est. Mortgage
$9,649/mo

157 Lee Street is a charming and well-located community situated in the city of Santa Cruz, California. This apartment complex has been meticulously well-maintained and properly managed by the current ownership. Situated 2.5 miles from the famous Santa Cruz Beach Boardwalk, 157 Lee Street offers an investor or resident an easily accessible location, a desirable unit-mix, a flexible rent controlled market, and a location that will benefit new investors with consistent cash flow and asset appreciation for many years to come. Additionally, this community has a net rentable square footage of 3,072 (per county records) and accommodates an attractive unit-mix of four two bedroom/one-bath units. Santa Cruz is considered a major city along the California Pacific Coast and will continue to expand its economic and social infrastructure due to close proximity to major technology and agricultural institutions in Northern California.

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Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
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