​121 Sylvar Street

Santa Cruz, CA 95060


Contact Joe Muzzio, Listing Broker

for Financials and Disclosures. 

Phone: 408-429-4624
Email: Joemuzzio@gmail.com
License #: 01868571

RARE OPPORTUNITY to own a well-maintained 8-unit apartment complex.


First time on market in 50 years!


Great investment property with excellent financials showing continued revenue growth and strong, steady, 

in-place cash flow stream.


Prime location in Westside Santa Cruz across from Mission Plaza, steps to downtown, HWY 17, UCSC, mountains & beaches. Consists of (2) 2-bed/1-bath units with park views and (6) 1-bed/1-bath units, carport with 6 spaces and 8 storage cabinets, on-site coin-op laundry room and bike room. Charming kitchens include original tile, gas stoves, refrigerators, abundant cabinetry, and rear access.


Extensive improvements include double-pane windows; composite shingle roof; balcony, railing, staircase renovations, exterior painting; asphalt paving; refinished hardwood floors - 5 units; water heater; crawlspace vapor barrier and more! On-street permit and free day-use parking. Low maintenance landscaping. Individual electric meters. Sewer lateral replacement, property and pest inspection completed. Fully rented. Smoke-free complex. No-pet policy (Emotional Support Animals allowed).  

Offered at $3,200,000

Multifamily commercial real estate  income opportunity 

   


Santa Cruz City

Rental Inspection Certification

​​​​​​​​​​​​​​​​Muzzio Properties

(831) 588-9525

8 Unit Apartment Complex
Two 2-Bed / 1 Bath, Six 1-Bed / 1 Bath
MLS #: ML81857287​                 5,900 Sq. Ft.