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Santa Cruz, CA 95060
$2,480,000
No photos available
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Bed
0
Bath
0
Living Space
3,978 SqFt
Year Built
1953
Lot Size
5,619 SqFt
Days
3
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.
Listing provided courtesy ofAnson Ip License 01413912 Compass, Seabea Ghoph License 01360895 KW Thrive Santa Cruz
Data provided by MLSListings Inc.
- Westlake Elementary (Elementary) - GreatSchools rating 9/10 - Mission Hill Middle School (Middle) - GreatSchools rating 9/10 - Santa Cruz High School (High) - GreatSchools rating 10/10 School District: Santa Cruz City Elementary
Several parks are located within a 1-2 mile radius of 257 High Street. These include Garfield Park, known for its playground and basketball court, and Chestnut Park, which offers a playground and picnic tables. Additionally, Depot Park features a playground, picnic area, and bike park, while Harvey West Park provides sports fields, picnic areas, and playgrounds.
The property is located in the West Santa Cruz neighborhood. This area is characterized by its proximity to the University of California, Santa Cruz (UCSC), making it a popular rental market for students, faculty, and staff. The neighborhood offers convenient access to campus, downtown Santa Cruz, and coastal attractions like West Cliff Drive and the Santa Cruz Beach Boardwalk.
The area around 257 High Street has a Walk Score of 63, indicating that some errands can be accomplished on foot. Transit options are available, with the UCSC bus line being a notable route nearby.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Westlake Elementary (Elementary) - GreatSchools rating 9/10 - Mission Hill Middle School (Middle) - GreatSchools rating 9/10 - Santa Cruz High School (High) - GreatSchools rating 10/10 School District: Santa Cruz City Elementary
Several parks are located within a 1-2 mile radius of 257 High Street. These include Garfield Park, known for its playground and basketball court, and Chestnut Park, which offers a playground and picnic tables. Additionally, Depot Park features a playground, picnic area, and bike park, while Harvey West Park provides sports fields, picnic areas, and playgrounds.
The property is located in the West Santa Cruz neighborhood. This area is characterized by its proximity to the University of California, Santa Cruz (UCSC), making it a popular rental market for students, faculty, and staff. The neighborhood offers convenient access to campus, downtown Santa Cruz, and coastal attractions like West Cliff Drive and the Santa Cruz Beach Boardwalk.
The area around 257 High Street has a Walk Score of 63, indicating that some errands can be accomplished on foot. Transit options are available, with the UCSC bus line being a notable route nearby.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
