118 Beulah Ct, Santa Cruz, CA 95060 - View 1
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118 Beulah Ct, Santa Cruz, CA 95060

List Price: $1,200,000On Market FlagOn market
Mar 20, 20251,500 sqft3 beds0 baths
Listed by: Brandi Jones
License #: 01385191
Phone #: 831-588-5145
David Lyng Real Estate
Source:
CRMLS Logo
MLS #: ML81998737

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$22,602

TurboHome Estimated Value

$1,353,400

$902 sqft

High Valuation
$1,421,070
$947/sqft
Normal Valuation
$1,353,400
$902/sqft
Low Valuation
$1,285,730
$857/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$902/sqft$1,353,400

Location

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