Each office is independently owned and operated.

3626 Geary Blvd. Suite 208, San Francisco, CA 94118
(415) 750-0570 / (415) 750-0576
999 Dsdsd Ave. 7564, Los Angeles, CA 95129
(888) 666-8989 / (889) 569-5842

1610 Soquel Avenue Santa Cruz,CA 95062

  • $6,200,000

  • n/a

    Bed
  • n/a

    Bath
  • 22,420

    Sqft
  • 39,596

    Sqft Lot
  • 1982

    built

Property Description

pride of ownership building in great location. three story building with elevator. medical related tenants on the first two floors including dignity health with attorneys on the third floor. the building shows well and has plenty of parking on the 1610 soquel avenue access and more parking on the 700 frederick street side of the property. building currently has three vacancies with a great opportunity for an owner user. the three spaces total 4,480 square feet consisting of a recently retired doctor's suite of 2,240 square feet and two other suites of 1,120 square feet each. pro forma income at $1.75 per foot would be a base rent of $94,080 and has been added to the gross income. all but the newest tenant is a triple net lease with current annual reimbursements of $59,136. this investment opportunity is subject to the seller executing an irs code section 1031 tax deferred exchange. do not disturb any tenants.

Facts

Property Type
Commercial
Bedroom(s)
n/a
Bathroom(s)
n/a
Size
22,420 sqft. (0.03 acres)
Lot Size
39,596 sqft. (0.03 acres)
Year Built
1982
List Updated
11/10/2018 10:07:20 AM

1610 Soquel Avenue Santa Cruz, CA 95062

Listing provided by

Listing Broker
Century 21 Mm
Listing Agent
Brett Harte
DRE# 00579913
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©2014 Bay East. ©2014 CCAR. ©2014 EBRD. All rights reserved. Information deemed reliable but not guaranteed. This information is provided from three separate sources: Bay East, CCAR and EBRD. The listings presented here may or may not be listed by the Broker/Agent operating this website. Information last updated on 11/12/2018 and 04:00 AM.

Steven (Seungno) Ryuh

  • Cell: 650-826-0800

    Fax : 415-750-0576

    Office:

    San Jose, CA

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