817 California Street Santa Cruz, CA $ 3,975,000
817 California Street
$ 3,975,000
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817 California Street

Santa Cruz, CA, 95060
$ 3,975,000
Baths0.0 Sq 4,828

Monthly Estimate*

$ 24,475

Listed by Compass
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View a Virtual Tour
Studio

Multi-Family Home for sale in Santa Cruz, CA

for $3,975,000. This 4,828 square foot home was built in 1973 on a lot size of 0.276.

Professionally managed UCSC rental opportunity with a phenomenal investment profile. This property features four 1,207 Sq. Ft. 4-Bed/2-Bath units, totaling 16 Bedrooms and 8 Bathrooms across 4,828 Sq. Ft. Benefit from an established rental history, very low vacancy rate, Total Operating Income of nearly $275K/year and a strong Net Operating Income (NOI) of $191K/year. Competitive financing is streamlined with SFR options available. Key features that maximize tenant appeal and minimize owner overhead include: on-site laundry, off-street parking, and 4 separate water and gas meters. The location is unbeatable for student renters, situated directly on the UCSC bus line corridor with quick access to campus and Downtown Santa Cruz. Don't miss this rare chance to secure a high-performing asset in a consistently robust rental market. All units are 4 Bed / 2 Bath

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Multi-Family Active

Price

$ 3,975,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 49,687

Style

Lot Size

0.276

Year Built

1973

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML82042938

Days on Market

1

Features
General
Living Area 4828
Sewer Public Sewer
Cooling None
Zoning Multifamily
Garage Spaces 0
Year Built 1973
Property Subtype Mixed Use
Accessibility None
County Santa Cruz
Insurance Expense 8000
Property Type Residential Income
HOA false
MaintenanceExpense 10000
Garage Y/N false
Special Listing Conditions Standard
Status Active
City Santa Cruz
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 12023
Carport Spaces 0
Tax Annual Amount 49687
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Virtual Tour http://www.817california.com
Property Sub Type Additional Mixed Use
Cap Rate 4.46
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Interior
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Off Street
Water Source Public
Total Parking 10
Lot Size Area 12023
Foundation Details Slab
Number of Buildings 1
Building Area Total 4828
Lot Size Acres 0.276
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

sam@sambirdrobinson.com

Email

Affordability Calculator

$28,615
Per Month
86%
14%
0%
Monthly Principal & Interest
$24,475
Monthly Property Taxes
$4,141
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
4/14/2026$3,975,000 Listed Price

Map


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817 California Street, Santa Cruz, CA, 95060 is a Multi-Family Home for sale at $3,975,000 with 4,828 sqft and a lot size of 0.276. 817 California Street is a studio with 0.0 baths and was built in 1973. The property's zip code is 95060 which is in Santa Cruz, CA