Listed by Ilnaz Patrick, 925-286-9970 from Rigel Capital
(If provided) CoList: from
Unique Multi-Unit Redwood Retreat with Income Potential Nestled among towering redwood trees and just minutes from the coast, this versatile property offers multiple living spaces, income potential, and room to expand on ±0.61 acres. Conveniently located near Highways 1, 9, and 17, the property is only 6 miles from the Santa Cruz Boardwalk, making it ideal for full-time living, rental income, or flexible live-work setup. The historical property boasts approximately 3,320 sqft. The upstairs unit, being about 1,200sqft, features 3 full bedrooms plus a loft, washer and dryer, and a private entrance which was previously rented for $3,450/mo, needless to say, plenty of opportunity for rental income. The downstairs unit, being about 2,120sqft, with its own separate entrance, is currently operated as a successful Airbnb that generates on average about $4,000-$5,000/mo. It includes 4 bedrooms, with one converted into an office and the primary bedroom expanded to include a walk-in closet. An additional smaller bedroom provides flexible space. The property also includes a detached cottage with a new roof, currently used for storage but offering potential to convert back to an ADU if the septic system is reactivated. Recent improvements include brand-new flooring and new attic insulation,
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