704718 Broadway Santa Cruz, CA $ 3,650,000
704718 Broadway
$ 3,650,000
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704718 Broadway

Santa Cruz, CA, 95062
$ 3,650,000
Bedrooms-- Baths-- Sq 5,213

Monthly Estimate*

$ 22,474

Listed by Marcus & Millichap
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Commercial Property for sale in Santa Cruz, CA

for $3,650,000. This 5,213 square foot building was built in 1939 on a lot size of 0.44.

5.50% Cap Rate // Single-Story Units // Turn-key! Marcus & Millichap is excited to present 704-718 Broadway in Santa Cruz, CA. This unique 9-unit apartment property is situated on an expansive 19,210 square foot lot in the heart of Santa Cruz, offering close proximity to Downtown Santa Cruz, the beach area, and major commuter corridors. The property consists of four duplexes and one single-family home, all single-story, which is a rare find for the area and highly attractive to tenants. All nine units feature one-bedroom floor plans, with seven of the nine units fully renovated (new bathrooms, kitchens, electrical, plumbing), contributing to strong tenant demand and ease of leasing. The property is well-positioned near popular retail and lifestyle amenities along Soquel Avenue, Ocean Street, and Downtown Pacific Avenue, providing convenient access to shopping, dining, coffee shops, and daily necessities.

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Commercial Active

Price

$ 3,650,000

Property Type

Commercial

Taxes

$ 42,768

Style

Lot Size

0.44

Year Built

1939

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML82031354

Days on Market

1

Features
General
Heating Wall Furnace
Roof Composition Shingle
Zoning R-L Multiple Residence -
HOA Fee 0
Year Built 1939
County Santa Cruz
Insurance Expense 6724
Property Type Commercial Sale
MaintenanceExpense 4500
Special Listing Conditions Standard
Status Active
Directions Cross Street: Ocean View Avenue
City Santa Cruz
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 19166
Carport Spaces 0
Elementary School Other
Tax Annual Amount 42768
Middle/Junior High School Other
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 9
Lot Size Area 19166
Number of Buildings 5
Building Area Total 5213
Lot Size Acres 0.44
Lot Size Source Other
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* Excluded Features
List By
Marcus & Millichap

Broker

jimmy.castellanos@marcusmillichap.com

Email

Affordability Calculator

$26,038
Per Month
86%
14%
0%
Monthly Principal & Interest
$22,474
Monthly Property Taxes
$3,564
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$3,650,000 Listed Price

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704718 Broadway, Santa Cruz, CA, 95062 is a Commercial Property for sale at $3,650,000 with 5,213 sqft and a lot size of 0.44. 704718 Broadway was built in 1939. The property's zip code is 95062 which is in Santa Cruz, CA