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Santa Cruz, CA 95062
$3,800,000
Bed
0
Bath
0
Living Space
4,530 SqFt
Year Built
1950
Lot Size
0.94 Acres
Days
130
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.
Listing provided courtesy ofKasey Hinchman License 01424163 David Lyng Real Estate
Data provided by MLSListings Inc.
- Live Oak Elementary (Elementary) - GreatSchools rating 6/10 - Shoreline Middle (Middle) - GreatSchools rating 7/10 - Harbor High (High) - GreatSchools rating 7/10 School District: Live Oak School District and Santa Cruz City High School District
The 68-acre Arana Gulch preserve is located within one mile, offering paved multi-use trails and dirt hiking paths that connect to the Santa Cruz Small Craft Harbor. Nearby Chanticleer Avenue County Park features the LEO’s Haven inclusive playground, a bike pump track, and fenced dog areas. Brommer Street County Park is also within range, providing additional recreational space near the Pleasure Point area.
Live Oak is a centrally located neighborhood in the Midtown Santa Cruz area known for its mix of residential properties and proximity to the coastline. The community character is defined by its convenient access to the Santa Cruz Small Craft Harbor and local dining staples like the Crow's Nest and Johnny's Harborside. The area features a blend of single-family homes and multi-unit investment properties with a strong rental history.
Walk Score: Score not available/100 and Transit Score: Score not available/100. The neighborhood is served by Santa Cruz METRO, with Route 2 (Capitola/Cabrillo/Main) providing regular service along Capitola Road. Route 3B also operates in the vicinity, connecting residents to the Capitola Mall and other local hubs.
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.
- Live Oak Elementary (Elementary) - GreatSchools rating 6/10 - Shoreline Middle (Middle) - GreatSchools rating 7/10 - Harbor High (High) - GreatSchools rating 7/10 School District: Live Oak School District and Santa Cruz City High School District
The 68-acre Arana Gulch preserve is located within one mile, offering paved multi-use trails and dirt hiking paths that connect to the Santa Cruz Small Craft Harbor. Nearby Chanticleer Avenue County Park features the LEO’s Haven inclusive playground, a bike pump track, and fenced dog areas. Brommer Street County Park is also within range, providing additional recreational space near the Pleasure Point area.
Live Oak is a centrally located neighborhood in the Midtown Santa Cruz area known for its mix of residential properties and proximity to the coastline. The community character is defined by its convenient access to the Santa Cruz Small Craft Harbor and local dining staples like the Crow's Nest and Johnny's Harborside. The area features a blend of single-family homes and multi-unit investment properties with a strong rental history.
Walk Score: Score not available/100 and Transit Score: Score not available/100. The neighborhood is served by Santa Cruz METRO, with Route 2 (Capitola/Cabrillo/Main) providing regular service along Capitola Road. Route 3B also operates in the vicinity, connecting residents to the Capitola Mall and other local hubs.
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.
