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1430 Merrill St 3 Unité Immeuble d’habitation offert à 2 265 615 $ CAD à un 7,18% taux de capitalisation Santa Cruz, CA 95062
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Faits saillants de l'investissement
- Three existing homes, ready for redevelopment
- Exceptional walkability to farmers market, dining, and amenities
- Flexible development options
- Unmatched Coastal Location - Walk to Black's Beach
- Strong development returns with projected completed value
Résumé de l'annonce
$325,000 Price Reduction: Walk to Black's Beach
Three fixer-upper detached 1BR/1BA homes on approximately 20,000 SF high-density multifamily development site in the heart of Live Oak's coveted East Cliff Village neighborhood. This exceptional property combines coastal living with unparalleled walkability, offering multiple development paths in one of California's most desirable beach communities.
Development Potential:
• Zoning: R-UH/RM-2.5 (General Plan/Zoning)
• Conforming Density: Up to 19 units (14 base units + 5 density bonus units)
• Current Structures: Three existing single-family homes
Development Options:
1. Full Redevelopment: Build up to 19 multifamily units on this premium coastal site
2. Partial Development: Add approximately 6 additional units while preserving existing structures
3. Single-Family Luxury: Rebuild existing homes for maximum privacy and outdoor space
In a market starved for new housing, this site offers the rare combination of premium coastal location, exceptional walkability, and meaningful development scale. Whether pursuing multifamily development or luxury single-family options, this property delivers both immediate returns and long-term wealth creation potential.
Additional Information:
• Topographical survey available
• Walking distance to Black's Beach
• Located in walkable East Cliff Village district
Buyer is responsible for verifying all development potential, density calculations, and project feasibility with local planning authorities. GRM, Cap Rate, and NOI are estimated and forward-looking based on market rents.
Three fixer-upper detached 1BR/1BA homes on approximately 20,000 SF high-density multifamily development site in the heart of Live Oak's coveted East Cliff Village neighborhood. This exceptional property combines coastal living with unparalleled walkability, offering multiple development paths in one of California's most desirable beach communities.
Development Potential:
• Zoning: R-UH/RM-2.5 (General Plan/Zoning)
• Conforming Density: Up to 19 units (14 base units + 5 density bonus units)
• Current Structures: Three existing single-family homes
Development Options:
1. Full Redevelopment: Build up to 19 multifamily units on this premium coastal site
2. Partial Development: Add approximately 6 additional units while preserving existing structures
3. Single-Family Luxury: Rebuild existing homes for maximum privacy and outdoor space
In a market starved for new housing, this site offers the rare combination of premium coastal location, exceptional walkability, and meaningful development scale. Whether pursuing multifamily development or luxury single-family options, this property delivers both immediate returns and long-term wealth creation potential.
Additional Information:
• Topographical survey available
• Walking distance to Black's Beach
• Located in walkable East Cliff Village district
Buyer is responsible for verifying all development potential, density calculations, and project feasibility with local planning authorities. GRM, Cap Rate, and NOI are estimated and forward-looking based on market rents.
Faits sur la propriété
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 3 | - | 540 |
1 1
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
90/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéro de lot | 027-273-01-000 | Évaluation des bâtiments | 34 812 $ CAD |
| Évaluation du terrain | 64 627 $ CAD | Évaluation totale | 99 439 $ CAD |
Impôts fonciers
Numéro de lot
027-273-01-000
Évaluation du terrain
64 627 $ CAD
Évaluation des bâtiments
34 812 $ CAD
Évaluation totale
99 439 $ CAD
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1430 Merrill St
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