31
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$1,095,000
Est. payment /mo
3 Beds
2 Baths
1,475 SqFt
Price Dropped by $105K
319 Jessie ST Santa Cruz, CA 95060
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
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 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 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
Area 699 - Not Defined
Zoning R-L
Interior
Heating Central
Cooling None
Fireplaces Type Insert, Wood Burning Stove
Fireplace Yes
Exterior
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Roof Type Composition
Total Parking Spaces 4
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Other
Others
Tax ID 01055116000
Special Listing Condition Standard
Listed by Paul Zech Coldwell Banker Realty #01965059
NEARBY SCHOOL & BUSINESS