32303240 Mission Drive
Santa Cruz, CA 95065
$525,000.00 (-15%)
Active Under Contract for $2,975,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 20,604 sqft
| MLS | ML81960512 |
| Year Built | 1975 |
| Property Type | |
| County | Santa Cruz |
| Status | Active Under Contract |
| Active Under Contract | $2,975,000 |
| Structure Size | N/A sqft |
| Lot Size | 20,604 sqft |
| Beds | N/A |
| Baths |
Description
Newly Improved Price! AND, Seller will carry with 30% down at 6% interest only, with 7-10 year loan. Delightful Village of 6 Residences, with 3 stand-alone Homes plus 3 Townhome-style units and 2 Outbuildings. All this on a large garden parcel with ample yards and plenty of off-street parking in prime Mid-County location! The Original 3 BR/1.5 Bath Home sits back from Mission Dr behind a charming entry pergola & picket-fenced front yard with lush garden. In its large back yard is an outbuilding with potential for conversion to an ADU. Next down the driveway are 3 Townhome-style units, each with private back yards: Two have 2-story 2/1.5 985 SF floorplans and the third has a 2/1 single-level 830 SF floorplan with attached garage offering potential to expand to a 3/2 of 1030 SF. At the back of the property are the final 2 standalone homes, each with an attached garage offering room to add another bedroom and bath. One has a 2/1 floorplan in 911 SF, expandable to 1,111 SF, and the other has a 2/1.5 floorplan in 982 SF, expandable to 1,182 SF plus an outbuilding with potential for conversion to yet another ADU. Research shows Market GSI of $278K as-is, with upside if you convert the 3 attached garages to add master suites, or do a 4-split + sell the back 3 houses to pay off the loan.
Listing information courtesy of: Datta Khalsa, Main Street Realtors 831-818-0181. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Susan Gasparyan
REALTOR®
Direct: 818.425.3540
Email: Email Me
DRE: 01480520
DRE #01873088
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