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Listed by Paul Zech • Coldwell Banker Realty
$ 1,095,000
Est. payment /mo
Active
319 Jessie Street Santa Cruz, CA 95060
3 Beds
2 Baths
1,475 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,475 sqft
Price per Sqft $742
MLS Listing ID ML82030981
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1979
Lot Size 5,009 Sqft
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
319 Jessie St, Santa Cruz-Turnkey Cash Flow in a Supply-Starved Market. At $4,800/month in current rental income, this East Santa Cruz income property is already working for you from day one. Annualized, that's $57,600 in gross rents on a $1,200,000 ask in a coastal California city where vacancy rates stay historically low and rental demand consistently outpaces supply. The 3-bed, 2-bath single-story home spans 1,475 sq ft on a 5,009 sq ft lot with a 2-car attached garage and parking for up to four vehicles. Long-term tenants are in place, eliminating the typical turnover headache and stabilizing your returns immediately at close. RL zoning adds a layer of upside worth exploring potential for additional density or future development, subject to buyer verification with the City of Santa Cruz. The shared driveway arrangement with neighboring 315 Jessie St. keeps the footprint efficient.Whether you're 1031-exchanging into a low-maintenance hold or anchoring a growing Santa Cruz portfolio, this property delivers the fundamentals: reliable income, a desirable location, and room for long-term appreciation.
Location
State CA
County Santa Cruz
Interior
Heating Forced Air
Cooling None
Fireplaces Number 1
Fireplaces Type Wood Stove Insert
Fireplace Yes
Exterior
Garage Spaces 2.0
Private Pool false
Building
Story 1
Water Public
Schools
School District Not Listed, Santa Cruz City Elementary
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