Courtesy: Miritz & Bailey Real Estate, Inc
831-588-4528
Outstanding rental property investment opportunity in central Santa Cruz! Well maintained triplex with many recent improvements, highly desirable two-bedroom apartments, and a strong rental history. Ideally located near the rapidly growing downtown area with a Very walkable and Bikers Paradise rating that offers easy access to restaurants, shops, Whole Foods Market, Highway 1, the pier, Boardwalk, and beaches. Each unit has a private outdoor patio area and rare attached two-car garage that provides ample options for off-street parking, storage, and bonus living space. Lower operating expenses due to recent improvements and the potential for long-term value appreciation make this an excellent investment opportunity in a prime Santa Cruz location. Recent improvements include a newer roof, exterior paint job, sewer lateral replacement, water main replacement, newer water heaters, and interior flooring updates. Triplexes in Santa Cruz with this excellent condition, desirability, and long-term stability are rare in Santa Cruz. Don't miss this opportunity!
Centrally located on an expansive 8,756-square-foot lot, this unique property offers a total of six bedrooms and three and one-half bathrooms across two separate homes, each with its own private outdoor space. County records list the property as a duplex, but it features two distinct residences with individual addresses. The front home is brimming with vintage charm and features two bedrooms, one updated bathroom, kitchen with quartz counters, dining room, laundry room, and its own large backyard perfect for relaxing, gardening, or entertaining. The main residence offers three bedrooms, two and one-half bathrooms, a dining room, inside laundry, fresh interior paint, and brand-new carpeting. The inviting floor plan is complemented by a private backyard and an oversized deck off the primary suite, creating an ideal retreat for enjoying the outdoors. Whether you're seeking multi-generational living, rental income potential, or simply extra space, this centrally located property presents a rare opportunity with flexibility and charm.
Welcome to 2228 Capitola Road, a thoughtfully designed modern property offering the flexibility of a primary residence with built-in rental income potential. Completed as a contemporary single-family home with an attached accessory dwelling unit (ADU), this unique property combines clean architectural design, high-end finishes, and low-maintenance living in one convenient locations. The main residence features two bedrooms and one bath, highlighted by polished concrete floors, expansive windows, and an open-concept living space filled with natural light. The designer kitchen showcases premium finishes and modern styling, creating an ideal space for both everyday living and entertaining. Large windows frame views of the sunny, fully fenced backyard, seamlessly connecting indoor and outdoor living. The attached one-bedroom, one-bath ADU provides exceptional flexibility perfect for rental income or multigenerational living Outside, the professionally designed landscape and sunny back yard provides ample room for gardening, outdoor dining, and relaxation, while requiring minimal upkeep. Additional features include a two-car covered carport, a dedicated storage area, and an all-electric modern design with quality contemporary finishes throughout.
Courtesy: KW Thrive Santa Cruz
831-457-5500
Santa Cruz duplex buyers searching for a move-in-ready income property with no deferred maintenance and a single-family home feel - this is the one. Finding a duplex that has been genuinely renovated, not just cosmetically refreshed, is one of the hardest searches in real estate. Updated surfaces, original bones. Aging galvanized pipes behind new paint. The fear of inheriting someone else's deferred maintenance is real, and it is expensive. THIS property is different. 505 and 507 are two 2-bed, 1-bath units sharing a wall and have the same floor plan, both renovated, one side owner owner occupied, the other side tenant occupied at $3,500 rent p/month. The bones were addressed first: copper re-plumb, new central heating, tankless water heaters, and dual-pane windows. The work no one sees is exactly what was done. The kitchen in 505 was rebuilt -dove gray cabinetry, quartz countertops, subway tile to ceiling, soft-close drawers, recessed lighting on dimmers. Both bathrooms torn down to the studs. LifeProof LVP flooring. New doors, fixtures, and baseboards. The lot holds extra space for an ADU, workshop, or garden may be possible. Buyers to do due diligence. The infrastructure and amenities are what separates this property from the field.
Santa Cruz duplex buyers searching for a move-in-ready income property with no deferred maintenance and a single-family home feel - this is the one. Finding a duplex that has been genuinely renovated, not just cosmetically refreshed, is one of the hardest searches in real estate. Updated surfaces, original bones. Aging galvanized pipes behind new paint. The fear of inheriting someone else's deferred maintenance is real, and it is expensive. THIS property is different. 505 and 507 are two 2-bed, 1-bath units sharing a wall and have the same floor plan, both renovated, one side owner owner occupied, the other side tenant occupied at $3,500 rent p/month. The bones were addressed first: copper re-plumb, new central heating, tankless water heaters, and dual-pane windows. The work no one sees is exactly what was done. The kitchen in 505 was rebuilt -dove gray cabinetry, quartz countertops, subway tile to ceiling, soft-close drawers, recessed lighting on dimmers. Both bathrooms torn down to the studs. LifeProof LVP flooring. New doors, fixtures, and baseboards. The lot holds extra space for an ADU, workshop, or garden may be possible. Buyers to do due diligence. The infrastructure and amenities are what separates this property from the field.
Amazing Seabright beach location Just yards from the beach with ocean view from the fenced-in front porch. The adorable cottage style duplex has one of the best locations in the Seabright beach neighborhood. You have the flexibility of renting in the desirable Santa Cruz rental market for one of the units and living in the other, or maximizing your cash flow by renting both units. The front unit has an updated kitchen, bathroom, and has fresh paint. Back unit was previously a STR with a quaint fenced yard garden and patio perfectly suited for barbeques and enjoying the beach climate. This unit also has an updated kitchen, flooring, remodeled bath, and has fresh paint, as well as a multi-purpose loft area that really expands the space. Street parking only. Cypress Avenue is a one way street so beach traffic is minimal. Photos from the back unit were previously used for the STR
Sun, sand, and surf await! Welcome to coastal living in Seabright, one of Santa Cruzs most iconic and sought-after beach neighborhoods. This exceptional duplex offers a rare opportunity to own a multi-unit property in a quiet, highly desirable walk-to-the-beach location. Each unit features 2 bedrooms, 1.5 bathrooms. The front unit has been freshly updated with modern finishes, creating a turnkey coastal retreat. New windows were installed in both units. The back unit provides solid rental income, and the front unit is move-in ready, offering flexibility for owner-occupants, investors, or multigenerational living. Leave your car behind and enjoy an incredibly walkable and bikeable lifestyle just minutes from Seabright Beach, Twin Lakes Beach, the Harbor, the Wharf, and the historic Beach Boardwalk. Youll be steps from local favorites including Tramonti, The Crows Nest, Cafe Palomar, The Buttery, and Whole Foods. Lovingly maintained and thoughtfully updated, this rare property blends coastal charm, convenience, and strong income potential in one of Santa Cruzs most desirable seaside communities.
Golden Opportunity...Charming DUPLEX in a gorgeous Santa Cruz beachside neighborhood featuring a 2BD/1BA unit and a 1BD/1BA unit. Ideal for Investors, Multigenerational Living or Owner-Occupants seeking rental income potential. Both units offer tasteful improvements while maintaining coastal character & functionality. Conveniently located near beaches, shopping, dining, schools & all that Santa Cruz has to offer, this RARE opportunity offers flexibility & location all in one property. Private access to each Home with street parking on either side of the Building. Each unit is Light & Bright & provides a great space with everything needed for simple living with a lot of storage in the attic. Nice, low-maintenance landscaping all around. The location could not be any better to walk to the Iconic Santa Cruz Beach & Boardwalk. Great Rentals for UCSC students not only for when school is in session but for Summer time too! Unit A has 2bed/1bath & an enclosed yard with a NEW fence which is great for a Garden, BBQ & entertaining. Unit B has 1 Bed/1Bath w/ 2 exterior entry doors for easy access. Both have spacious Kitchens w/ plenty of Counter space & Cabinets open to the Family Room & Dinette area. This unique opportunity to own a property that can fit both lifestyle & investment goals!
Courtesy: Lighthouse Realty
831-423-7355
Centrally located duplex situated on a large garden property at the end of a quiet cul-de-sac in the banana belt of Santa Cruz. Each light filled unit features 2 bedrooms, 1 full bath, a front porch, new flooring and paint, a nice size kitchen, and a rear deck with views of the yard. Each unit has its own full size garage with laundry hook ups and separate PGE and water meters, plus there is an additional basement storage area. Included is a downstairs permitted heated bonus room with its own full bathroom and separate entrance, which would be ideal for a home office, workout room or ADU conversion. The delightful grounds include many mature trees, a large lawn, horse shoe and firepit, and a wide variety of plants and flowers. The pedestrian bridge at the end of the street provides easy access to the river walk and Downtown Santa Cruz. Conveniently located near UCSC, Hwy 17, beaches, Boardwalk, Seabright and Midtown shops and restaurants. An excellent opportunity to own a home in the heart of Santa Cruz!
Centrally located duplex situated on a large garden property at the end of a quiet cul-de-sac in the banana belt of Santa Cruz. Each light filled unit features 2 bedrooms, 1 full bath, a front porch, new flooring and paint, a nice size kitchen, and a rear deck with views of the yard. Each unit has its own full size garage with laundry hook ups and separate PGE and water meters, plus there is an additional basement storage area. Included is a downstairs permitted heated bonus room with its own full bathroom and separate entrance, which would be ideal for a home office, workout room or ADU conversion. The delightful grounds include many mature trees, a large lawn, horse shoe and firepit, and a wide variety of plants and flowers. The pedestrian bridge at the end of the street provides easy access to the river walk and Downtown Santa Cruz. Conveniently located near UCSC, Hwy 17, beaches, Boardwalk, Seabright and Midtown shops and restaurants. An excellent opportunity to own a home in the heart of Santa Cruz!
Spectacular Front Row 4 unit Apartment Building directly overlooking Seabright State Beach aka "Castle Beach." Magnificent vistas across Monterey Bay from sunrise to sunset. Located in lovely Lower Seabright positioned between the Yacht Harbor and the Beach Boardwalk. This is paradise!
Rare coastal investment opportunity on Santa Cruz's highly desirable Lower Westside, just one block from the ocean and iconic West Cliff Drive. Steps from Lighthouse Field State Beach and the popular Steamer Lane Supply restaurant, this prime location consistently attracts strong rental demand driven by lifestyle, walkability, and proximity to Monterey Bay. One of the largest duplexes this close to the ocean, the property features a 3BD/2BA upper unit and a 2BD/2BA lower unit with a bonus room that functions as a third bedroom, maximizing rental flexibility and income potential. Each unit includes a private 2-car garage, a rare and valuable amenity for tenants near the coast. The upper units private yard with jetted hot tub adds further appeal for premium rents. Flexible income strategies: rent both units for strong cash flow, short-term (buyer to verify) or long-term rental, or occupy one unit while generating income from the other. Tenants will enjoy easy access to downtown Santa Cruz, the Santa Cruz Wharf, and the Santa Cruz Beach Boardwalk, as well as immediate connectivity to coastal and mountain biking trails right from your front door. No need to load up the car. A rare combination of size, location, and versatility, an exceptional addition to any coastal portfolio.
Enjoy vacation style living in this fabulous beach house! Stroll to the beach, smell the ocean and feel the cool breeze. A walker and biker's paradise - location, location, location! This gorgeous, award-winning home was completely remodeled with high quality material and craftmanship with impeccable attention to detail. Spacious open floor plans, beautiful stain glass windows, durable bamboo hardwood floors with radiant heating. Well-designed modern kitchens with granite countertops, large functional islands, custom built-in cabinets, and stainless-steel appliances. Other features include plantation shutters, French doors, keyless entry, USB outlets, dimmers, laundry, and EV chargers. Upper unit offers 2 private decks, skylights and abundant natural sunlight. Low maintenance yard with a smart irrigation system. Fenced yard with gated parking for 3-4 vehicles or RV. Take time to have fun vacationing daily at your own sweet beach house and enjoy fishing, surfing, kayaking, beach volleyball, games and rides at the Boardwalk, gourmet coffee, casual or fine dining at friendly restaurants with ocean views and beautiful sunsets at the wharf. Walk on West Cliff or venture downtown. Remember, you don't need to do all these in one day!
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
Located in the highly sought-after Seabright neighborhood, this unique property features two well-maintained single-family homes on one expansive lot, offering exceptional versatility and/or investment potential. Privately situated at the rear, with off-street parking, the main home was built in 1989 and is a light-filled 2-bed/2-bath home with a spacious open floor plan, soaring ceilings, woodstove and abundant windows. Recent upgrades include instant hot water, Mitsubishi heating and A/C units (permitted), new lighting, paint, drainage, irrigation and fencing. There is plenty of space to add a garage and third bed/bath while still having a private green back yard. The front home is a charming 1934 Adobe-style beach cottage, offering 2 beds/1 bath with hardwood floors, new permitted electrical throughout, instant hot water, updated bathroom, laundry room, new lighting, paint, and more. It would accommodate extended family living or it makes a great rental. This rare offering is walking distance from lovely beaches, shopping, dining, entertainment, local parks, and vibrant coastal attractions, A truly special opportunity in one of Santa Cruzs most desirable communities.
With a prime coastal location near Capitola Village and Pleasure Point, this versatile property offers both charm and opportunity. With 2,312 sq ft of living space, it features 4 bedrooms and three-and-a-half baths, providing flexibility as a duplex rental-investment property, or as a primary residence with an attached ADU. The larger unit spans 1,751 sq ft with 3 bedrooms and two-and-a-half baths, while the attached 561 sq ft ADU includes 1 bedroom, 1 bath, and a private entrance. A single-car garage adds convenience and privacy along with 3 off-street parking spots for guests. Recent upgrades include stainless steel appliances, new SPC flooring, new carpeting, new LED lighting, and repainted interiors w/ light Benjamin Moore hues. Exterior landscaping updates and refreshed private patios enhance its appeal. Enjoy easy access to Capitola Village, Pleasure Point, and scenic area walks w/views over Monterey Bay. Nearby amenities include Trader Joes, New Leaf and Whole Foods, local dining at Shadowbrook, East End Gastro, or Petes FishHouse, and Verve or Cat and Cloud coffee. Whether for investment, 1031 Exchange, or living near the beach in a prime location adjacent to Capitola and Pleasure Point, this duplex at 1576-74 Heritage Lane offers superb opportunity for savvy investors.
Courtesy: David Lyng Real Estate
831-429-5700
Turnkey multi-unit investment opportunity in a convenient Midtown Santa Cruz location. The property features five residential units across three structures plus a vacant rear portion of the parcel offering potential for future development. Unit mix includes a 3BR/2BA single-family home (420 Capitola Rd Ext) with an attached studio (420A), a detached 1BR/1BA home (422), and a duplex with a 2BR/1BA unit (422A) and a 2BR/1.5BA unit (424) sharing one wall. Additional improvements include covered parking, a shared laundry area, and several accessory structures. The parcel is primarily designated Urban Medium Residential and zoned RM-4, providing potential flexibility for multi-family housing uses. Well located near Midtown Santa Cruz, Ocean Street, Downtown, and area beaches, with convenient access to shopping, dining, and commuter routes. The property has a strong rental history and currently operates as a solid five-unit income property with ample open space and long-term upside potential, including the possibility for future expansion or larger-scale development. Buyer to verify zoning, and development potential with appropriate government agencies.
Turnkey multi-unit investment opportunity in a convenient Midtown Santa Cruz location. The property features five residential units across three structures plus a vacant rear portion of the parcel offering potential for future development. Unit mix includes a 3BR/2BA single-family home (420 Capitola Rd Ext) with an attached studio (420A), a detached 1BR/1BA home (422), and a duplex with a 2BR/1BA unit (422A) and a 2BR/1.5BA unit (424) sharing one wall. Additional improvements include covered parking, a shared laundry area, and several accessory structures. The parcel is primarily designated Urban Medium Residential and zoned RM-4, providing potential flexibility for multi-family housing uses. Well located near Midtown Santa Cruz, Ocean Street, Downtown, and area beaches, with convenient access to shopping, dining, and commuter routes. The property has a strong rental history and currently operates as a solid five-unit income property with ample open space and long-term upside potential, including the possibility for future expansion or larger-scale development. Buyer to verify zoning, and development potential with appropriate government agencies.
Prime Development property! Lot split for 10 additional units given green light by County of Santa Cruz using SB1123. Total of 5 lots to construct 5 SFRs with attached JADU's will go on newly created back parcel and front parcel will remain with existing charming California 2/1 + 1/1 cottage. Front parcel has long driveway for parking & plenty of room will remain for an additional 2 bedroom, 2 bath ADU (plans & bid available with sale). Rear parcel will use SB1123 zoned for up to 10 units (5 single family homes with attached JADUs. Property in total is 13,000+sq.ft., level & adjacent to Capitola! The super cute 2-bedroom, 1-bathroom main house spans 1,029 sq.ft. & features two ground floor bedrooms and a beautifully updated bath w/ tub. Large patio & inside laundry area w/ a washer & dryer. Also existing is a detached 1-bed, 1-bath ADU of approximately 300 sq ft (buyer to verify size), perfect for guest quarters or keep as additional rental income. Both units are fully rented. Exceptional flexibility & upside, this property is ideal for developers, investors, owner-users, or anyone looking to create a multi-unit rental property in one of Santa Cruz's highly desirable neighborhoods. Across from the Capitola Mall.
Courtesy: Bailey Properties
831-688-7434
A gem of a 4 Plex with potential to be a 6 Plex, centrally located. Close to 41st Avenue for shopping and entertainment, Simpkins Swim Center for a good work out, short Drive to the Beach, located on a large parcel in a quite neighborhood. Possible to add 2 Modular single level units. Report by a Land Use Planner indicates a strong possibility, parcel has been surveyed and building envelopes identified. The property has been well maintained all 4 kitchens and bathrooms have been remodeled. Building has a Pest Inspection Clearance. 2nd floor balcony area and access has had all SB 721 work completed. Please do not disturb tenants.
Charming Victorian-style duplex in the heart of Santa Cruz. The upper unit offers approximately 1,100 sq. ft. with 2 bedrooms and 1 bathroom, while the lower unit features approximately 800 sq. ft. with 1 bedroom and 1 bathroom, ideal for investment, owner-occupancy, or multigenerational living. A standout feature is the expansive 17,976 sq. ft. lot, offering compelling future development potential for multi-use and/or additional units (buyer to verify). Surrounded by established higher-density uses, the immediate area reflects what may be possible. For reference, the neighboring property at 314 Jessie St. is improved with an approximately 50-unit apartment building on a lot that appears only modestly larger, highlighting the upside opportunity for this exceptional parcel.
New zoning allows for multi-residential. Rare opportunity to own a piece of Santa Cruz History. Located on a highly visible corner on one of Santa Cruz's most well-traveled roads yet walking distance to downtown restaurants and shops. This spacious Victorian house is currently used as an office and is 4,623 Sq. Ft. plus 200 Sq. Ft. of storage space, includes 6 private offices as well as several meeting rooms and breakrooms. City will allow conversion into multi-family. In addition, there is a separate structure with a legal residential unit on second floor above the private office space offering a great opportunity for live/work or great rental income. Established history with therapy and professional office users and possible uses to include live/work, group home / transitional housing/recovery facility. A total of three parcels included and totaling over 18,000 Sq. Potential to merge lots for future development possibilities. Buyer to verify with City of Santa Cruz for residential and developmental possibilities.
New Price!Great WSC value. This charming 3br/2bth main house captures the charm of its original style but many recent updates make living here feel fresh and fun. In 2006 the permitted addition features an updated kitchen (new cabinets,updated electrical,new appliances) newer forced air heater,fresh paint, roof, landscaping/fencing complete the main house.The sunny front porch,side courtyard with firepit and french doors leading to large fenced yard are great for outdoor living. The legal and stunning 500' ADU provide living flexibility. The detached ADU was thoughtfully designed has its own privacy and yard space and features inside laundry,high ceilings, skylight,wood floors and good size kitchen/bath. Pull onto newly poured driveway to a detached 1 car garage plus additional 160 sq ft workshop/office/studio area in rear. The ADU currently rents for $2750/mo. All this in prime westside location near everything that makes the west side the best side. SQ ft from 2019 appraisal for house and includes legal ADU. Seller and agent do not guarantee sq ft and Buyer should confirm to satisfy themselves.
On a large lot, in the heart of the lower westside, you will discover this beautifully updated 2 bd, 1 bath home and detached 1 bd ADU, with an abundance of flexible living options with artistic details and craftsmanship at every turn. A few blocks away are some of the most stunning and iconic landmarks in all of Santa Cruz. The main home was remodeled in 2012, is equipped with solar panels, a spacious yard with hot tub and fire pit and was thoughtfully redesigned with recycled glass countertops, custom cabinetry and an effortless flow throughout. The ADU was built in 2004, every square inch meticulously designed for form, function and beauty. Vaulted ceilings, custom woodwork, a full size kitchen, stained stucco shower surround, a fireplace insert and an abundance of windows are just a few of the awe inspiring fine points. A private entrance offers great separation from the main home and leads you to the charming yard, complete with storage shed, art studio and Meyer lemon tree.
Paradise is found on 3.76 sunny, pristine and gently rolling acres in Santa Cruz! Ideally located in Happy Valley top-rated school district, this property benefits by internet via Comcast Cable and is a great commute location to Silicon Valley! A year-round creek runs through this tranquil setting which is a prime family compound opportunity with great separation of space between units and lots of usable land. The main home has 4 bedrooms (1 of 2 primary suites can be used as a family room), 3 bathrooms and features brand new luxury vinyl plank flooring (LVT), hardwood floors, some new light fixtures & fresh paint inside and out. The cottage oozes with character and features 2 bedrooms, 1 bathroom, brand new LVT flooring, new carpet, a spacious creek-view deck & fenced yard. The setting is truly majestic & the neighbors are wonderful! Come see this rare offering before it's gone.
Santa Cruz is located in California. Santa Cruz, California has a population of 62,714. Santa Cruz is less family-centric than the surrounding county with 29.75% of the households containing married families with children. The county average for households married with children is 30.25%.
The median household income in Santa Cruz, California is $96,217. The median household income for the surrounding county is $96,093 compared to the national median of $69,021. The median age of people living in Santa Cruz is 29 years.
The average high temperature in July is 77.4 degrees, with an average low temperature in January of 39.5 degrees. The average rainfall is approximately 32.5 inches per year, with 0 inches of snow per year.
