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Sean Beattie

sean@brivio.com +1(415) 716-7190

Listed by Anson Ip • Compass, DRE#01413912

$2,480,000

Est. payment - /mo

8 Beds

3 Baths

3,978 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,978 sqft

Price per Sqft $623

MLS Listing ID ML82051773

Style Other

Bedrooms 8

Full Baths 3

Year Built 1953

Lot Size 5,619 Sqft

Property Sub-Type Fourplex

Property Description

Rare UCSC-area investment opportunity in one of Santa Cruz's strongest rental markets. Ideally located steps from the UCSC bus line, this professionally managed, fully occupied fourplex is well suited for UCSC students, faculty, and staff. Residents enjoy easy access to campus, Downtown Santa Cruz, West Cliff Drive, and the Santa Cruz Beach Boardwalk, all just 1.5 miles from the ocean. The property features 4 spacious 2-bedroom, 1-bath units, each approximately 950 square feet, totaling 8 bedrooms and 4 bathrooms across approximately 3,800 square feet. Floor plans may offer potential for conversion to 3-bedroom configurations for increased income. Comparable 3-bedroom rentals near UCSC may command approximately $4,500-$5,500 per month. Buyer to verify feasibility. Amenities include on-site laundry, separate gas meters, 2 carports, 4 additional off-street parking spaces, and abundant street parking. New water heaters were installed in 2025. The property offers strong rental history, stable cash flow, and generates approximately $186,000 in annual gross income. Potential DSCR financing available.

Location

State CA

County Santa Cruz

Area West Santa Cruz

Zoning Multi Residential

Rooms

Other Rooms Laundry Room, Other

Kitchen Oven - Gas, Oven Range - Gas, Other

Interior

Heating Gas

Cooling None

Flooring Hardwood, Laminate, Tile, Vinyl / Linoleum, Other

Laundry Coin Operated

Exterior

Parking Features Assigned Spaces, Off-Site Parking, Parking Area, Tandem Parking

Garage Spaces 2.0

Utilities Available Individual Gas Meters, Public Utilities

Roof Type Composition,Shingle

Building

Story 2

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Individual Water Meter, Public

Level or Stories 2

Others

Tax ID 006-171-34-000

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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Nearby School & Business

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Sean Beattie

+1(415) 716-7190

Broker Associate | CA DRE# 01304100

Broker Associate CA DRE# 01304100

257 High ST Santa Cruz, CA 95060

Sean Beattie

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

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