Looking for Passive Income- Check out this charming Santa Cruz Triplex. Unlock the potential for long-term financial security and generational wealth with this exceptional Santa Cruz triplex that is fully rented and in excellent condition. Three one-bedroom, one-bathroom units, with open parking and common area. The current owner has fostered an environment that has garnered long term renters, creating a harmonious relationship between tenants and property that ensures consistent care and maintenance. Recent upgrades, including newer flooring, appliances, and an engineered septic system, make this a low-maintenance investment, while its prime location provides privacy, accessibility, and an excellent commute. With market rents professionally estimated near $2,349 per unit, theres immediate potential for increased cash flow. Adjustments to the financials, such as transitioning tenant utilities like trash and water to tenant responsibility, can further boost your rate of return or CAP rate. Owning a triplex can generate consistent income as well as setting the foundation for long-term wealth. Dont miss this chance to make a sound investment in your legacy. Do not disturb tenantsschedule your viewing today and take the first step toward building generational wealth.
Listing Courtesy of MLSlistings Inc. / David Lyng Real Estate / Brandi Jones
$999,000
Santa Cruz Area Single Family Residential Land
Active
575 Brisa Del Mar Santa Cruz, CA 95060
Bed
0 Baths
sqft
MLS# ML82005431
AMAZING OPPORTUNITY! Building Permits Approved! The land hosts infrastructure such as paved roads, water hook-up, electrical connections, etc...are ready for you to build the current planned home or your own personal design. Located in a gated community that is about 5 minutes to the beach, close to Davenport, mountain wineries, an equestrian center, Bonny Doon School, hiking, biking, surfing, farmers markets & more. The property has ocean peaks, and privacy, and caters to those who want privacy, serenity & an outdoor lifestyle w/ access to & ownership in approx. 150 acres of common land while being close to SFO and Silicon Valley. The owners have planned a personal oasis by hiring renowned Fuse Architects however you can build your own home. The property supports a lifestyle that works in harmony w/ nature & the amazing climate that exists in this area. The currently approved building plan design includes covered outdoor living spaces, a pool, 3 bedrooms, 2 stories, and more...
Listing Courtesy of MLSlistings Inc. / David Lyng Real Estate / Brandi Jones
$650,000
Los Gatos Area Detached Single Family
Active
110 Silverline Road Los Gatos, CA 95033
5 Bed
4 Baths
4491 sqft
MLS# ML82007504
The Value is in the Land....Welcome to the crown jewel of the Santa Cruz Mountains 110 Silverline is a rare, ridge-top property boasting, uninterrupted 360 degree views that stretch from the surfline of the Monterey Bay from Lover's Point, Pacific Grove to Steamers Lane, Santa Cruz and continues all the way over Gilroy and Morgan Hill. Set above the iconic Demolition Forest of The Forest of Nisene Marks and near the Nibbs Knob Waterfall Trail in Uvas Canyon County Park, this site offers a once-in-a-generation opportunity to own a commanding slice of Californias Central Coast wild beauty all close to the Silicon Valley. Although the existing 4,491 sq ft home with 5 bedrooms and 4 baths must be removed per Santa Cruz County, the value lies in the land. Envision a custom retreat, eco-estate, or off-grid haven with world-class exposure and unmatched topography for building your dream compound. Enjoy life at elevation where sunrises and sunsets paint the horizon, where stars shine unfiltered by city lights, and where the only noise is wind in the trees and the call of hawks soaring overhead. Hike and mountain bike through nearby redwood forests, explore secret waterfalls, or simply unwind with panoramic views. Opportunity to also buy APN 106-011-63 and 64.
Listing Courtesy of MLSlistings Inc. / David Lyng Real Estate / Brandi Jones