1. California
  2. Santa Cruz
  3. 118 Beulah Court
$1,200,000

118 Beulah Court, Santa Cruz, CA 95060

  • 3 beds
  • 1,500 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $800/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Looking for Passive Income- Check out this charming Santa Cruz Triplex. Unlock the potential for long-term financial security and generational wealth with this exceptional Santa Cruz triplex that is fully rented and in excellent condition. Three one-bedroom, one-bathroom units, with open parking and common area. The current owner has fostered an environment that has garnered long term renters, creating a harmonious relationship between tenants and property that ensures consistent care and maintenance. Recent upgrades, including newer flooring, appliances, and an engineered septic system, make this a low-maintenance investment, while its prime location provides privacy, accessibility, and an excellent commute. With market rents professionally estimated near $2,349 per unit, theres immediate potential for increased cash flow. Adjustments to the financials, such as transitioning tenant utilities like trash and water to tenant responsibility, can further boost your rate of return or CAP rate. Owning a triplex can generate consistent income as well as setting the foundation for long-term wealth. Dont miss this chance to make a sound investment in your legacy. Do not disturb tenantsschedule your viewing today and take the first step toward building generational wealth.

Listing Status:
Active
Date Added:
March 20, 2025 at 05:00AM
Listing Office:
David Lyng Real Estate : 831-429-5700
Listing Agent:
Brandi S. Jones : 831-588-5145
MLS ID:
ML81998737
  • Flooring: Laminate
  • A/C: No Air Conditioning
  • Heating: Wall Furnace

This listing courtesy of Brandi S. Jones, David Lyng Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brook Knoll Elementary School

151 Brook Knoll Dr, Santa Cruz, CA, 95060

Grades KG-5

0.63 miles away

S

Scotts Valley Middle School

8 Bean Creek Rd, Scotts Valley, CA, 95066

Grades 6-8

2.36 miles away

S

Scotts Valley High School

555 Glenwood Dr, Scotts Valley, CA, 95066

Grades 9-12

4.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.