319 Jessie ST, Santa Cruz, CA 95060
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319 Jessie ST, Santa Cruz, CA 95060
319 Jessie ST, Santa Cruz, CA 95060
319 Jessie ST, Santa Cruz, CA 95060
319 Jessie ST, Santa Cruz, CA 95060
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Listed by Paul Zech • Coldwell Banker Realty, DRE#01965059
$ 1,095,000
Est. payment /mo
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Price Dropped by $105K

319 Jessie ST Santa Cruz, CA 95060

3 Beds

2 Baths

1,475 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,475 sqft

Price per Sqft $742

MLS Listing ID ML82030981

Bedrooms 3

Full Baths 2

Year Built 1979

Lot Size 5,009 Sqft

Property Sub-Type Single Family Home

Property Description

319 Jessie St, Santa Cruz-Turnkey Cash Flow in a Supply-Starved Market. At $4,800/month in current rental income, this East Santa Cruz income property is already working for you from day one. Annualized, that's $57,600 in gross rents on a $1,200,000 ask in a coastal California city where vacancy rates stay historically low and rental demand consistently outpaces supply. The 3-bed, 2-bath single-story home spans 1,475 sq ft on a 5,009 sq ft lot with a 2-car attached garage and parking for up to four vehicles. Long-term tenants are in place, eliminating the typical turnover headache and stabilizing your returns immediately at close. RL zoning adds a layer of upside worth exploring potential for additional density or future development, subject to buyer verification with the City of Santa Cruz. The shared driveway arrangement with neighboring 315 Jessie St. keeps the footprint efficient.Whether you're 1031-exchanging into a low-maintenance hold or anchoring a growing Santa Cruz portfolio, this property delivers the fundamentals: reliable income, a desirable location, and room for long-term appreciation.

Location

State CA

County Santa Cruz

Area East Santa Cruz

Zoning R-L

Rooms

Family Room No Family Room

Dining Room Dining Area in Family Room

Interior

Heating Central Forced Air

Cooling None

Fireplaces Type Wood Stove

Exterior

Parking Features Attached Garage

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Composition

Building

Story 1

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 010-551-16-000

Horse Property No

Special Listing Condition Not Applicable


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319 Jessie ST