319 Jessie Street, Santa Cruz, CA, CA 95060
- $1,095,000
- 3
- BD
- 2
- BA
- 1,475
- SqFt
- List Price
- $1,095,000
- Price Change
- ▼ $105,000 1774314030
- Price per Square Foot
- $742
- Status
- ACTIVE
- MLS#
- ML82030981
- County
- Santa Cruz
- Year Built
- 1979
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,475
- Lot Size
- 5,009
- Days on Market
- 196
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
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 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.
/u.realgeeks.media/grandestatesca/dp_logo_w_background.png){kind=logo}
Additional Information
- Fireplace Description
- Insert, Wood Burning Stove
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
Listing courtesy of Listing Agent: Paul Zech (paul.zech@cbrealty.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.