21520 E Cliff Drive Santa Cruz, CA ^$ 5,395,000

21520 E Cliff Drive

^$ 5,395,000

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21520 E Cliff Drive

Santa Cruz, CA, 95062

^$ 5,395,000

Bedrooms-- Baths-- Sq 9,994

Monthly Estimate*

^$ 33,658

Listed by Barcode Properties

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Commercial Property for sale in Santa Cruz, CA

for $5,395,000. This 9,994 square foot building was built in 1952 on a lot size of 0.856.

Beach close, 20 Unit garden style apartments in 5 buildings on a huge, C1, lot w/ample parking. Great potential for future development. Large garden areas for tenants. Due its location and charm, there are long term stable tenants providing ease of mgmt. Property was originally a hotel, so the small units maximize the Owner's rent/sf. DO NOT DISTURB TENANTS! Showings with accepted offer ONLY! Call Listing Agent for additional information.

Commercial Active

Price

^$ 5,395,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.856

Year Built

1952

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

23339811

Days on Market

728

Features

General

Zoning C-1

HOA Fee 0

Year Built 1952

Electric Standard

Building Name Shore & Sea Apartments

County Santa Cruz

Net Operating Income 177407

Property Type Commercial Sale

Possible Use Multi-Family

Special Listing Conditions Standard

Status Active

Buyer Financing Cash

Directions Hwy 1 to 41st Ave. West to Portola Drive Right or North to 15th Ave. Left and then a left in to property. May make a U-turn on Portola/E Cliff Drive and 15th Ave. back to property on your right.

City Santa Cruz

Open Parking Spaces 9

Number Of Units Total 20

Lot Size Units Square Feet

Lot Size Square Feet 37287

Listing Terms Cash

Standard Status Active

Cap Rate 3.29

Interior

Total Stories 2

Laundry Features Common Area

Total Baths 0

Exterior

Lot Features Back Yard Garden Gentle Sloping Irregular Lot Lawn Street Level

Total Parking 14

Lot Size Area 37287

Number of Buildings 5

Building Area Total 9994

Lot Size Acres 0.856

* Excluded Features

List By

Barcode Properties

Broker

david@barcodeproperties.com

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$33,658

Per Month

Monthly Principal & Interest: $33,658
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Santa Cruz, CA

Average List Price ^$2,606,571

Percent of Sale Price 52%

About Santa Cruz, CA

63,054 Population

16% Since 2002

^$67,765 Median Income

32.22 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/25/2025	$5,395,000		Listed Price

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21520 E Cliff Drive, Santa Cruz, CA, 95062 is a Commercial Property for sale at $5,395,000 with 9,994 sqft and a lot size of 0.856. 21520 E Cliff Drive was built in 1952. The property's zip code is 95062 which is in Santa Cruz, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/9/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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21520 E Cliff Drive

Commercial Property for sale in Santa Cruz, CA

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