For sale 4 days ago

$650,000

2 bd 1 ba 0 sqft

716 California St, Santa Cruz, CA 95060

Residential SFR Needs Repairs Off MLS

Current Rent

$0

Cap Rate

Pro Only

Cash on Cash ROI

Pro Only

Santa Cruz Contract Assignment Opportunity - $650,000

Contract assignment opportunity Opportunity to purchase an assignable contract in the city of Santa Cruz with an estimated ARV of $950,000+. Located just down the street from Santa Cruz High School, this property offers the right investor an amazing chance to buy an off-market fixer. The seller has owned the property for 20+ years (deferred maintenance and rehab work needed). Offered at $650,000 with option to consider seller financing until construction is completed or able to refinance. Property to be delivered vacant at close of escrow. A little bit about the property/area: A classic redwood Victorian home filled with Santa Cruz character, in a convenient central location. The property has a Walk Score of 85 and a Bike Score 98. Some of the best schools, delicious restaurants, and the most popular concert venues within an easy and pleasant walk to downtown. A Palo Alto Medical Foundation Urgent Care Center has also opened recently just a couple blocks away. This can be a lifestyle changing home for the next owner, just a 20-minute walk to the beach! Email for more photos - [email protected]

Location:

716 California St, Santa Cruz, CA 95060

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