21661 E Cliff Drive Santa Cruz, CA $ 11,470,000
21661 E Cliff Drive
$ 11,470,000
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21661 E Cliff Drive

Santa Cruz, CA, 95062
$ 11,470,000
Bedrooms-- Baths-- Sq 13,510

Monthly Estimate*

$ 70,623

Listed by K&K Homes Realty
21661 E Cliff Drive, Santa Cruz, CA 95062 - Image 1
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21661 E Cliff Drive, Santa Cruz, CA 95062 - Image 8
21661 E Cliff Drive, Santa Cruz, CA 95062 - Image 9
21661 E Cliff Drive, Santa Cruz, CA 95062 - Image 10
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21661 E Cliff Drive, Santa Cruz, CA 95062 - Image 12
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Commercial Property for sale in Santa Cruz, CA

for $11,470,000. This 13,510 square foot building was built in 1948 on a lot size of 0.636.

This garden-style complex features 31 units across 8 buildings, with a mix of 1- and 2-bedroom,1-bath units, and studios. The property offers excellent walkability and bike ability, situated in close proximity to area beaches, East Cliff Drive, Santa Cruz Harbor, and Pleasure Point. The owners have recently completed renovations, including repair work, roofing, landscaping, and flooring between turnovers. This presents an ideal opportunity for an owner/user or an investor to acquire a well-located apartment property with income upside potential through unit renovations and allowable rent increases. The property is a short distance from the Santa Cruz Beach Boardwalk, Santa Cruz Wharf, and the renowned Cowells Beach surf spot. It also includes coin-operated laundry on-site and offers great upside potential with the new downtown Santa Cruz renovation and redevelopment projects currently underway.

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Commercial Active

Price

$ 11,470,000

Property Type

Commercial

Taxes

$ 24,616

Style

Lot Size

0.636

Year Built

1948

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML82032603

Days on Market

2

Features
General
Heating Forced Air Floor Furnace Wall Furnace
Roof Composition
Zoning VA
HOA Fee 0
Security Features Security Lights
Year Built 1948
County Santa Cruz
Insurance Expense 16837
Property Type Commercial Sale
MaintenanceExpense 4800
Special Listing Conditions Standard
Status Active
Directions Cross Street: 18th Ave & Portola Drv
City Santa Cruz
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 27704
Carport Spaces 8
Carport Y/N true
Tax Annual Amount 24616
Trash Expense 21000
Virtual Tour https://youtu.be/v4sTYg-bXrU?si=0zM3V-hrqTmTfufR
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
Lot Features Corners Marked Level
Water Source Public
Total Parking 25
Lot Size Area 27704
Number of Buildings 8
Building Area Total 13510
Lot Size Acres 0.636
Lot Size Source Assessor
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* Excluded Features
List By
K&K Homes Realty

Broker

tessie.figueroa@kkhomes.net

Email

Affordability Calculator

$72,674
Per Month
97%
3%
0%
Monthly Principal & Interest
$70,623
Monthly Property Taxes
$2,051
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
1/27/2026$11,470,000 Listed Price

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21661 E Cliff Drive, Santa Cruz, CA, 95062 is a Commercial Property for sale at $11,470,000 with 13,510 sqft and a lot size of 0.636. 21661 E Cliff Drive was built in 1948. The property's zip code is 95062 which is in Santa Cruz, CA