148 Campbell Street

Santa Cruz, CA 95060

$1,899,000
Price
Beds
2,673 Sq. Ft.
$710 / Sq. Ft.
2,673
Sq. Ft.
$710
per Sq. Ft.

Description

Fantastic investment opportunity in unique fourplex with upside potential. Seize the chance to own a rare multi-residential fourplex featuring four individual detached homes, each with 2 bedrooms. Located just minutes from the beach and downtown, this fourplex presents an excellent opportunity for investors seeking rental income in Santa Cruzs thriving rental market or homeowners looking to offset their mortgage payments. Unlike typical multi-family properties, the four separate homes each have their...Fantastic investment opportunity in unique fourplex with upside potential. Seize the chance to own a rare multi-residential fourplex featuring four individual detached homes, each with 2 bedrooms. Located just minutes from the beach and downtown, this fourplex presents an excellent opportunity for investors seeking rental income in Santa Cruzs thriving rental market or homeowners looking to offset their mortgage payments. Unlike typical multi-family properties, the four separate homes each have their own yard which provide enhanced privacy and comfort for individuals and tenants to enjoy the California sunshine in their own outdoor space, ideal for relaxing or entertaining. With room for value-add improvements and increasing market rents, this property presents a lucrative opportunity for growth and increased ROI. Don't miss out on this exceptional investment opportunity with close proximity to downtown attractions, including the Santa Cruz Beach Boardwalk, Pacific Avenue shops, and vibrant nightlife.
  1. Listed by Marvin Christie • DRE #01894395 • Brokerage DRE #01894395 • Anderson Christie, Inc. • 831-406-1031
  2. Listed by David Anderson • DRE #01819137 • Brokerage DRE #01894395 • Anderson Christie, Inc.

Property Details for 148 Campbell Street

MLS City Name
SANTA CRUZ
Building Type
FOURPLEX
Garage Spaces
2
Parking Spaces
4
LISTING UPDATED: 12/04/2024 10:13 AM

Property Details for 148 Campbell Street

StatusActive
MLS #ML81974859
Days on Compass145
Taxes$22,200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1908
Lot Size0.24 AC / 10,367 SF
CountySanta Cruz County

Building Information for 148 Campbell Street

Stories-Residences4Year Built1908Building Size-Lot Size0.24 AC / 10,367 SF

Property Information for 148 Campbell Street

Features
Room Information
  • Kitchen: Cooktop - Electric, Cooktop - Gas, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Living SqFt: 2673
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Detached Garage, Off-Street Parking, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: East Santa Cruz
  • Roof: Composition, Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 148
  • Street Name: Campbell
  • Street Suffix: Street
  • Area ID: 42
Lot / Property Details
Building Information
  • Number of Buildings: 4
  • Structure SqFt: 2673
  • Structure SqFt Source: Other
  • Age: 116
Development Information
  • Zoning Detail: Multi-Residential
Location Information
  • Parcel Number: 007-402-01-000
  • County Name: Santa Cruz
  • City Name: SANTA CRUZ
  • City Postal ID: 64
  • Postal Code: 95060
  • Elementary School District: 840
  • High School District Text: Santa Cruz City High
Lot Information
  • Foundation: Concrete Perimeter, Post and Pier
  • Horse Property: No
  • Lot Acres: .24
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $22,200
  • Building Unit Total: 4
  • Capitalization Rate: 6.63
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $0
  • Expense Maintenance: $2,400
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $160
  • Expenses Utility: $3,600
  • Expenses Total: $31,360
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 12.08
  • Income Annual Gross: $157,200
  • Income Annual Rental: $157,200
  • Income Gross Scheduled: $157,200
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,887
Unit 2 Information
  • Unit 2 Approx Square Footage: 750
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,520
Unit 3 Information
  • Unit 3 Approx Square Footage: 573
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,467
Unit 4 Information
  • Unit 4 Approx Square Footage: 600
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,992
Unit Type 1
  • Unit Type1 Approx SqFt: 750

Property History for 148 Campbell Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 148 Campbell Street

Taxable ValueLand$378,078Additions$185,700Total$563,778
Tax Record2024$7,011 ($584 / month)
Home Facts
Baths4Total Finished SqFt2,673 SqFtAbove Grade Finished SqFt2,673 SqFtLot Size10,367 SqFtStyleMulti-Family Dwelling (2-4)Year Built1908CountySANTA CRUZAPN007-402-01

Schools near 148 Campbell Street

This home is within Santa Cruz City High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gault Elementary School
PublicK to 5

Mission Hill Middle School
Public6 to 8

Harbor High School
Public9 to 12

Santa Cruz High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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148 Campbell Street is a multi-family home for sale in Santa Cruz, CA 95060. This property was listed for sale on July 29, 2024 by Anderson Christie, Inc., it's currently listed at $1,899,000. It has been on the market for a total of 145 days and was last sold on March 31, 2008. This listing's school districts are Santa Cruz City High School District, Santa Cruz City Elementary School District. Nearby schools include Gault Elementary School, Mission Hill Middle School and Harbor High School. 148 Campbell Street is a 0-bed, 0-bath, 2,673 sqft multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Anderson Christie, Inc., Marvin Christie, DRE #01894395; Anderson Christie, Inc., David Anderson, DRE #01819137

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.