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1430 Merrill St 3 Lot Offre d’immeuble d’habitation à 1 423 735 € à un taux de capitalisation de 7,18 % Santa Cruz, CA 95062
Certaines informations ont été traduites automatiquement.
Informations principales sur 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 analytique
$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.
Informations sur l’immeuble
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1 | 3 | - | 50 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Taxes foncières
| Numéro de parcelle | 027-273-01-000 | Évaluation des aménagements | 21 541 € |
| Évaluation du terrain | 39 989 € | Évaluation totale | 61 530 € |
Taxes foncières
Numéro de parcelle
027-273-01-000
Évaluation du terrain
39 989 €
Évaluation des aménagements
21 541 €
Évaluation totale
61 530 €
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Présenté par
1430 Merrill St
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