118 Beulah CT
SANTA CRUZ, CA 95060
- 3 beds
- – baths
- 1,500 sqft
- 11,700 sqft lot
- $905 per sqft
- 1963 build
- – on site
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.
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Last updated Mar 20, 2025
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MLS# 81998737 —
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:1963
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Age:62
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Style:Ranch
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Subclass:Triplex
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Roofing:Composition
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Foundation:Concrete Perimeter
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# of Stories:1
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# of Units:3
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Special Features:Parking
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Structure SqFt:1500
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Structure SqFt Source:Assessor
Interior
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Flooring:Laminate
Room Dimensions
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Living SqFt:1500
Location
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Cross Street:La Madrona
The Property
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Lot Description:Regular
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Lot Acres:0.2686
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Lot Size Area Min:11700.00
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Zoning:SU
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Parcel Number:067-233-41
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Horse Property:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:81998737
The Listing
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Additional Listing Info:Not Applicable
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Automated Valuations Allowed:1
Heating & Cooling
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Cooling Methods:None
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Heating Methods:Wall Furnace
Utilities
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Utilities:Propane On Site
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Sewer/Septic System:Septic Engineered
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Water Source:Public
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Meters:Separate Gas
The Community
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HOA:No
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Pool:No
Parking
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Description and Access:Common Parking Area
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Parking Spaces:6
Extra Units
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# of Buildings:1
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Unit 1 Full Bathrooms:1
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Unit 2 Full Bathrooms:1
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Unit 3 Full Bathrooms:1
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Unit 1 SqFt:500 Sqft
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Unit 2 SqFt:500 Sqft
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Unit 1 Bed:1
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Unit 3 SqFt:500 Sqft
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Unit 2 Beds:1
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Unit 3 Beds:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/20/25
Mar 20, 2025
|
Listed / Active | MLSLISTINGS | $1,358,000 |