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
Baths0.0 Sq 9,994

Monthly Estimate*

$ 37,686

Listed by Barcode Properties
21520 E Cliff Drive, Santa Cruz, CA 95062 - Image 1
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21520 E Cliff Drive, Santa Cruz, CA 95062 - Image 3
21520 E Cliff Drive, Santa Cruz, CA 95062 - Image 4
21520 E Cliff Drive, Santa Cruz, CA 95062 - Image 5
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21520 E Cliff Drive, Santa Cruz, CA 95062 - Image 8
21520 E Cliff Drive, Santa Cruz, CA 95062 - Image 9
21520 E Cliff Drive, Santa Cruz, CA 95062 - Image 10
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21520 E Cliff Drive, Santa Cruz, CA 95062 - Image 12
21520 E Cliff Drive, Santa Cruz, CA 95062 - Image 13
Studio

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.

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Commercial Active

Price

$ 5,395,000

Bedrooms

Studio

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

136

Features
General
Zoning C-1
HOA 0.0
Year Built 1952
Electric Standard
Building Name Shore & Sea Apartments
County Santa Cruz
Net Operating Income 177407.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use MultiFamily
Garage Y/N N
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
View Y/N N
Senior Community Y/N N
Open Parking Spaces 9.0
Total Units 20
Lot Size Square Feet 37287.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Cliff
Listing Terms Cash
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 42
Standard Status Active
Cap Rate 3.29
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Exterior
Lot Features BackYard Garden GentleSloping IrregularLot Lawn StreetLevel
Total Parking 14.0
Lot Size Area 37287.0
Number of Buildings 5
Spa N
Building Area Total 9994.0
Lot Size Acres 0.856
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Drive
Laundry Features CommonArea
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 21520
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* Excluded Features
List By
Barcode Properties

Broker

(888) 574-8287

Phone

Affordability Calculator

$37,686
Per Month
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Monthly Principal & Interest
$37,686
Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.49% 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2023$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 is a studio with 0.0 baths and was built in 1952. The property's zip code is 95062 which is in Santa Cruz, CA