118 1st St, Santa Cruz located at the Boardwalk offers an investor the rare opportunity to own a piece of Beach Hill, a highly sought-after area. Built in 1916, this traditional Victorian style property features much of the original charm & architecture, offering the distinguishing investor the opportunity to acquire a 9-unit property in an historically strong rental market. This newly renovated Bed and Breakfast includes 9 Bedrooms with en-suite bathrooms, that offers guests natural light & breathtaking ocean views. Recent improvements to the property include but are not limited to updated high speed internet, combination doors, electrical, new roof, new floors, fresh paint inside and out, an inviting ocean and Boardwalk view rooftop sundeck and much more! Renovated units feature new lighting with ceiling fans, Smart TVs and new window coverings. Investor Buyers can enjoy huge returns for years to come or keep unit(s) for their own use for family and friends as a vacation home.