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$3,725,000
 $19,997 est/mo Sourced by Back At You

817 California Street,Santa Cruz, CA 95060

Santa Cruz, CA 95060

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Description

5% CAP!!! Professionally managed UCSC rental opportunity with a phenomenal investment profile. This property features four 1,207 Sq. Ft. 4-Bed/2-Bath units, totaling 16 Bedrooms and 8 Bathrooms across 4,828 Sq. Ft. Benefit from an established rental history, very low vacancy rate, Total Operating Income of nearly $275K/year and a strong Net Operating Income (NOI) of $191K/year. Competitive financing is streamlined with SFR options available. Key features that maximize tenant appeal and minimize owner overhead include: on-site laundry, off-street parking, and 4 separate water and gas meters. The location is unbeatable for student renters, situated directly on the UCSC bus line corridor with quick access to campus and Downtown Santa Cruz. Don't miss this rare chance to secure a high-performing asset in a consistently robust rental market. All units are 4 Bed / 2 Bath

Details

MLS #ML82042938
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1973
Days On Site167
Listing Provided ByCompass | Sam Bird-Robinson

Features

SQ Feet4,828
Building(s)1
ZoningMultifamily
Acreage0.28

Interior

CoolingNone
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

Foundation DetailsSlab

Parking

Parking FeaturesOff Street
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Property49687

Area Information

StateCA
CountySanta Cruz
CitySanta Cruz
Zip Code95060
Area699 Not Defined
Listing VS Median (in 95060)
Price:
$3,725,000
low | high
Med:
$1,459,250
100% of Average
sqft:
4,828
low | high
Med:
2,282
100% of Average
$ / sqft:
$772
low | high
Med:
$640
67.09306378265% of Average
On site:
167
low | high
Med:
17
100% of Average
Sourced by Back At You

Market Activity 95060

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountySanta Cruz
CitySanta Cruz
Zip Code95060
Area699 Not Defined
Listing VS Median (in 95060)
Price:
$3,725,000
low | high
Med:
$1,459,250
100% of Average
sqft:
4,828
low | high
Med:
2,282
100% of Average
$ / sqft:
$772
low | high
Med:
$640
67.09306378265% of Average
On site:
167
low | high
Med:
17
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.793M - $4.656M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
603 Mission Street Property Photo 1
$2,535,000
603 Mission Street
Santa Cruz, CA 95060
603 Mission Street Property Photo 1
$2,535,000
603 Mission Street
Santa Cruz, CA 95060
Listing Updated: September 11, 2026 at 12:50:10 PM PDT
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