171 Marine Parade Santa Cruz, CA $ 6,500,000
171 Marine Parade
$ 6,500,000
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171 Marine Parade

Santa Cruz, CA, 95062
$ 6,500,000
Baths0.0 Sq 10,098

Monthly Estimate*

$ 40,022

Listed by Shaffer & Associates
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Studio

Multi-Family Home for sale in Santa Cruz, CA

for $6,500,000. This 10,098 square foot home was built in 1972 on a lot size of 0.3074.

First time on the market! A+ location at the Santa Cruz Harbor. This property is in a coveted location and offers 10,098 square feet of space. All 12 units are 2BR/1 bath. Short walk to one of the best beaches in Santa Cruz, Seabright Beach. All units have nice balconies or patios, some with harbor views or peeks of the ocean. The home includes radiant heating. Laundry facilities are available on-site with coin-operated machines. The property falls within the Santa Cruz City Elementary School District. This listing presents a unique investment opportunity in the Santa Cruz area, literally a stone's throw from the harbor.

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Multi-Family Active

Price

$ 6,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,950

Style

Lot Size

0.3074

Year Built

1972

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML82042127

Days on Market

7

Features
General
Living Area 10098
Sewer Public Sewer
Heating Radiant
Cooling None
Utilities Natural Gas Available
Roof Other
Zoning R-1-5
Garage Spaces 0
Year Built 1972
View Marina Ocean Water
Property Subtype Mixed Use
Accessibility None
County Santa Cruz
Insurance Expense 12500
Property Type Residential Income
HOA false
MaintenanceExpense 18490
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Take Seabright Ave. heading south. Marine Parade is the first left after the stoplight at Murray St. Go all the way to the end of the street. The property is on the corner of Marine Parade and Fairview Place. Cross Street: Seabright Ave.
City Santa Cruz
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 13389
Carport Spaces 12
Carport Y/N true
Tax Annual Amount 5950
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Mixed Use
Cap Rate 4.24
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Carport
Water Source Public
Total Parking 0
Lot Size Area 13389
Foundation Details Slab
Number of Buildings 1
Building Area Total 10098
Lot Size Acres 0.3074
Lot Size Source Other
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* Excluded Features
List By
Shaffer & Associates

Broker

wayne@wshaffer.com

Email

Affordability Calculator

$40,517
Per Month
99%
1%
0%
Monthly Principal & Interest
$40,022
Monthly Property Taxes
$496
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2026$6,500,000 Listed Price

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171 Marine Parade, Santa Cruz, CA, 95062 is a Multi-Family Home for sale at $6,500,000 with 10,098 sqft and a lot size of 0.3074. 171 Marine Parade is a studio with 0.0 baths and was built in 1972. The property's zip code is 95062 which is in Santa Cruz, CA