817 California Street, Santa Cruz, California 95060
  • $3,975,000

Overview

Property ID: ML82042938
  • Mixed Use, Residential Income
  • Property Type
  • 4828 Sqft
  • Area Size
  • 1973
  • Year Built

Description

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

  • Address: 817 California Street
  • City: Santa Cruz
  • State/county: CA
  • Zip/Postal Code: 95060

Details

Updated on July 21, 2026 at 7:08 pm
  • Property ID ML82042938
  • Price $3,975,000
  • Property Size 4828 Sqft
  • Land Area 0.276 Acres
  • Year Built 1973
  • Property Type Mixed Use, Residential Income
  • Property Status Active

Additional details

  • Sewer Public Sewer
  • Cooling None
  • Flooring Laminate
  • County Santa Cruz
  • Property Type Residential Income
  • Parking Off Street

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