Two-story downtown building located at the corner of Cedar and Elm. Building has approved plans to convert the upstairs to residential with retail or restaurant on the ground floor. A rarity in downtown Santa Cruz with 7 on-site parking spaces. Each level is 2,000 sf with a total of 4,000 sf of existing building. Parcel totals 6,750 sf.
907 & 909 River Street, Santa Cruz, CA a rare development opportunity, or investment in a prime Community Commercial Zone. These two parcels together offer 8,721 square feet of land, perfect for a range of commercial or mixed-use projects. Currently occupied, please do not disturb tenants.
Welcome to an exceptional investment opportunity in the heart of downtown Santa Cruz! This property features 8 beautifully refurbished units, perfectly situated in a prime Grade A location. Just a short stroll from downtown, the beach, and a host of highly desirable amenities, this rental property promises convenience and charm. Each unit is private and secure, ensuring peace of mind for tenants. With a remarkable high tenant retention rate, these units are consistently in demand. Don't miss out on owning a piece of Santa Cruz's vibrant lifestyle and thriving rental market!
You'll be proud to own this incredible Santa Cruz investment property.Long time owner will consider financing w 30 %+ down payment at UNDER MARKET 5% interest rate.Very well built/maintained 5 plex,close to vibrant downtown,UCSC-convienent for students,beaches on quiet one way street surrounded by period Victorians.Units are town home style with private fenced yards and patios,separate wtr heaters and more. Ample off-street parking-2/unit. Current rents are competitive but should allow income growth and upside potential for next owner. Income represents 2022 reported from property manager-showing property potential. Current annualized 2024 rent roll $176,400. Expenses from 2023 P/L from PM.
Endless possibilities! The prime commercial location is currently being used as a residential property. Private fenced yard with automatic gate, lots of off-street parking. CC Zoning allows many different commercial opportunities.
123 Pearl Street is a quaint 9 unit building located on a quiet mostly single family neighborhood near the San Lorenzo river. This Property includes: (2) 2 Bedroom / 1 Bathroom Units, (5) 1 Bedroom / 1 Bathroom Units, and (2) Studios. The property features vaulted wood ceilings, a new roof in 2023, and fully upgraded electrical system. Most units boast upgraded flooring and granite counters with five of the units having dual entry. 123 Pearl St. is 3/5 of a mile to the Beach and Boardwalk (83 Walk Score & 99 Bike Score). Can be purchased separately or in combination with 409 2nd St (4 Units) and or 413-417 2nd St. (12 Units).
413-417 2nd Street is a gorgeous collection of 12 spanish style cottages. The property includes: (8) 1 Bedroom / 1 Bathroom apartments and (4) Studios. The property features lush landscaping with 8 of the units individually framed not sharing a wall with any neighboring units. Multiple units have new roofs and tankless water heaters. The (Realist*) building square footage of 3,952 is incorrect. Independent square footage measurement is 5,680 square feet. Buyer to verify. 413-417 2nd St. shares a property line with 409 2nd St. They are less than ¼ mile to the Beach and Boardwalk (88 Walk Score & 97 Bike Score).
Solid Brick 2-story building with basement built in 1990. Building has a history of great tenants. This upper floor office space has been leased by Farmers Insurance and they have done many upgrades to the space. The space features 2 private bathrooms, 2 private offices, a large conference room and a kitchen/breakroom space. This Upper Pacific Avenue Downtown location is right by the parking garage on Locust Street and walking distance to many Restaurants and Shops.
Here is your next major investment opportunity, providing you with an excellent commercial vehicle for your financial future. Welcome to this wonderful Santa Cruz commercial treasure. Over 22,300 sq ft of available space with a multitude of amenities to satisfy a diverse tenant population. Medical personnel occupy spaces, and medical tenant improvements remain for the next group of practitioners. Legal and accounting professionals have residence here, and the entire facility provides both private suites and general meeting and conference rooms for clients. Each floor provides dual restroom facilities, and employee / client break areas are available . The 73 space parking asset is extraordinary for Santa Cruz and affords all tenants the availability of nearby parking for themselves, employees, and clients. There is an extended income history with this building, and it provides both an investor or owner / user opportunity for the future. A great diversity in suite sizes and flexibiity of use. Very easy access to downtown, freeways, or commercial facilities throughout Santa Cruz and surrounding areas. Motivated seller who will work with you through the purchase process. This is definitely worth a walk through and serious review as your next investment opportunity.
Single Tenant building currently occupied by an Upscale Salon in nice Midtown location.
Pogonip Terrace features 28 units tucked away in a peaceful, well landscaped and private setting only minutes to downtown Santa Cruz, UCSC and Hwy 17. Pride of ownership is evident at this meticulously maintained 25 year old complex. The 27 studio units and one bedroom managers unit are always in demand and provide reliable cash flow, efficiency in management and significant upside to rents. Each studio has a full kitchen with Maple cabinets, high ceilings, a large closet, full bath and separate sleeping area that fits a queen size bed. Santa Cruz is a desirable investment location due to its strong and increasing rental demand. With the ever expanding University of California, incubator tech-industry, proximity to Silicon Valley, tourist industry and world class beaches, surf, mountain biking and hiking, the Santa Cruz rental market is well positioned for continued strength. New apartments like Pogonip Terrace rarely come available, making this a unique opportunity for investors.
Newly Improved Price! AND, Seller will carry with 30% down at 6% interest only, with 7-10 year loan. Delightful Village of 6 Residences, with 3 stand-alone Homes plus 3 Townhome-style units and 2 Outbuildings. All this on a large garden parcel with ample yards and plenty of off-street parking in prime Mid-County location! The Original 3 BR/1.5 Bath Home sits back from Mission Dr behind a charming entry pergola & picket-fenced front yard with lush garden. In its large back yard is an outbuilding with potential for conversion to an ADU. Next down the driveway are 3 Townhome-style units, each with private back yards: Two have 2-story 2/1.5 985 SF floorplans and the third has a 2/1 single-level 830 SF floorplan with attached garage offering potential to expand to a 3/2 of 1030 SF. At the back of the property are the final 2 standalone homes, each with an attached garage offering room to add another bedroom and bath. One has a 2/1 floorplan in 911 SF, expandable to 1,111 SF, and the other has a 2/1.5 floorplan in 982 SF, expandable to 1,182 SF plus an outbuilding with potential for conversion to yet another ADU. Research shows Market GSI of $278K as-is, with upside if you convert the 3 attached garages to add master suites, or do a 4-split + sell the back 3 houses to pay off the loan.
Amazing fully leased 12 unit apartment building in Santa Cruz, near beach boardwalk. Enjoy steady income and a high occupancy rate year round.
Great opportunity to own a building in one of the most desirable areas in Santa Cruz on 41st Avenue. Tenant occupied, on-site parking, good condition and low maintenance.
Sherman and Boone Real Estate proudly presents a fully leased commercial property situated at 1105 Water St. This property features two buildings on a single parcel, boasting a parking lot offering 12 spaces on-site + street parking as well as a Security System in place. Strategically located in Midtown, near Seabright Avenue and Downtown Santa Cruz, the property spans 5,290 square feet, ensuring optimal visibility and high traffic counts. The building is comprised of four great tenants, all who have recently renewed their lease agreements. Community Bridges, a longstanding tenant since 2009, occupies 2,000 square feet, while Habitat for Humanity utilizes 1,840 square feet. State Farm Insurance is in 800 square feet while Surf City Windows & Gutters occupies the remaining 650 square feet. Noteworthy is the property's minimal tenant turnover and the presence of a roof reserve fund, demonstrating prudent ownership. With its prime location and stable tenant base, this commercial property offers an exceptional investment opportunity in Santa Cruz's vibrant market.
Excellent office building located on the outskirts of downtown, along the river path and adjacent to San Lorenzo Park. This building is great for an owner user or an investment opportunity. This building offers great functionality with multiple office rooms, bathroom, and ample parking. Easy access to freeway and a short scenic walk to downtown restaurants and shops makes this location very convenient for staff and clients. Listing could be purchased with adjoining unit, please see MLS number ML81925067.
Excellent office building located on the outskirts of downtown, along the river path and adjacent to San Lorenzo Park. This building is great for an owner user or an investment opportunity. This building offers great functionality with multiple office rooms, bathroom, and ample parking. Easy access to freeway and a short scenic walk to downtown restaurants and shops makes this location very convenient for staff and clients. Listing could be purchased with adjoining unit, please see MLS number ML81925067.
Excellent office building located on the outskirts of downtown, along the river path and adjacent to San Lorenzo Park. This building is great for an owner user or an investment opportunity. This building offers great functionality with multiple office rooms, bathroom, and ample parking. Easy access to freeway and a short scenic walk to downtown restaurants and shops makes this location very convenient for staff and clients. Listing could be purchased with adjoining unit, please see MLS number ML81925067.
Rare opportunity to own a piece of Santa Cruz History. Located on a highly visible corner on one of Santa Cruz's most well-traveled roads yet walking distance to downtown restaurants and shops. This spacious Victorian house is currently used as an office and is 4,623 Sq. Ft. plus 200 Sq. Ft. of storage space, includes 6 private offices as well as several meeting rooms and breakrooms. In addition, there is a separate structure with a legal residential unit on second floor above the private office space offering a great opportunity for live/work or great rental income. Established history with therapy and professional office users and possible uses to include live/work, group home / transitional housing/recovery facility. A total of three parcels included and totaling over 18,000 Sq. Potential to merge lots for future development possibilities. Buyer to verify with City of Santa Cruz for residential and developmental possibilities.
Office condo is ready to move in. 2 private offices, conference room, reception area, kitchen and bathroom. Wonderful Owner/User opportunity
Office condo is ready to move in. 2 private offices, conference room, reception area, kitchen and bathroom. Wonderful Owner/User opportunity
Former home of Good Shepherd Catholic School and resting on 9+ acres in Santa Cruz, California, this 24,000± sq ft facility is ready for transitioning. Currently zoned PF (Public Facility) - some conditionally allowed uses may include affordable housing, schools, colleges, offices, clinics, laboratories, hospitals, nursing homes, residential care facilities, day care facilities. Good Shepherd School is outfitted with solar panels and consists of four modular buildings, gymnasium, kitchen, library, administrative offices, and a large sports/activity field. A commercial property of this size and centrally located near schools, shopping, and medical facilities is rarely available within the Monterey Bay area. Explore the possibility to reinvent this extraordinary opportunity into something that can benefit the communities in the surrounding areas. An ideal investor match.
The median home value in Santa Cruz, CA is $1,290,000. This is higher than the county median home value of $843,000. The national median home value is $219,700. The average price of homes sold in Santa Cruz, CA is $1,290,000. Approximately 43.33% of Santa Cruz homes are owned, compared to 48.95% rented, while 7.73% are vacant. Santa Cruz real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Cruz real estate agent to arrange a tour today!
Santa Cruz, California has a population of 63,993. Santa Cruz is less family-centric than the surrounding county with 27.72% of the households containing married families with children. The county average for households married with children is 32.46%.
The median household income in Santa Cruz, California is $65,421. The median household income for the surrounding county is $73,663 compared to the national median of $57,652. The median age of people living in Santa Cruz is 29.3 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 39.2 degrees. The average rainfall is approximately 28.1 inches per year, with 0.1 inches of snow per year.