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$1,785,000
6 Beds ⋅ ML82051657 MLS
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!

136 Market ST, Santa Cruz

Listed by Marshall Keneipp, 303-913-8113 from Miritz & Bailey Real Estate, Inc
(If provided) CoList: from

$1,999,000
3 Beds ⋅ 3 Baths ⋅ ML82051324 MLS
Carbonera Estates opportunity! The architectural design of his home focuses on comfort, entertaining, & everyday living. The layout offers room to gather, unwind, & create the lifestyle you've been looking for. Updated kitchen with granite counters, induction stove top & breakfast area; new wood floors; gorgeous remodeled primary bathroom! Soaring ceilings, huge skylights & countless windows bring the light in! A formal dining room, an open living room, a versatile family/media room downstairs with a wine fridge & wet bar & gas fireplace - it could be used as a 4th bedroom; a built-in office space and a sunroom/multi-purpose room. A private sauna, and a HUGE wine cellar that is a versatile space with enough room to serve as many things at once. It's ready to become your dream home gym, personal retreat, or ultimate game room. Perfect layout for multi-generational living! The cellar includes a washing station, sink & floor drain; multiple closets & exterior access. Imagine what's possible! Enjoy the perfect balance of peaceful surroundings & convenient access to all that Santa Cruz has to offer. Expansive decks with a hot tub under the trees! This iconic home is an entertainer's dream! You'll also love the longevity of the new fire resistant concrete siding & composite decking!

106 Carbonera DR, Santa Cruz

Listed by Bobbie J. Herteman, 831-566-5835 from Bobbie Herteman Real Estate
(If provided) CoList: from

$1,987,000
ML82034282 MLS
DO NOT DISTURB OCCUPANTS. Rare chance to acquire a highly visible, commercially zoned property in one of Santa Cruz's most desirable corridors. This offering includes two lots with excellent road frontage, providing strong exposure and long-term upside. The property is currently income-producing with established retail tenants in place through June 2026, offering near-term cash flow while you plan future redevelopment. Zoning allows for a wide range of potential uses, including multifamily development, making this an ideal opportunity for investors, developers, or owner-users seeking flexibility in a high-demand market. The sites prime location, access, and scale position it well for a variety of creative development strategies. Last 3 photos are AI renderings illustrating potential development concepts for the site. Buyer is encouraged to investigate zoning, density, and all potential uses.

236 Ocean ST, Santa Cruz

Listed by Andrea Silva, 831-889-8178 from eXp Realty of California Inc
(If provided) CoList: Justin Valdez from eXp Realty of California Inc
$549,000
1 Beds ⋅ 1 Baths ⋅ ML82049608 MLS
Tucked into the secure, resort-like retreat of Pacific Terrace, this spacious one-bedroom, one-bath condo boasts an expansive living area, a serene master suite, and a dining room flowing into the living space, plus stacked laundry and a cozy fireplace. Step out onto the generous covered patio, an ideal spot for morning coffee or evening unwinding. This light-filled, second-floor, single-level unit faces West, offering abundant natural light while preserving your privacy. Pacific Terrace impresses with lush grounds, a sparkling pool, spa, sauna, BBQ area, gated underground parking with storage, an elevator, and warm pet-friendly policies! Just steps from the shops and dining of Pacific Avenue, this home delivers an urban-coastal lifestyle, perfect as a second home or for pedal commuters and transit riders. First-time buyers, stop renting and start owning this gem. Guest parking at 320 Soquel Avenue.

321 Broadway A2, Santa Cruz

Listed by MJ Stearns, 831-531-5074 from eXp Realty of California Inc
(If provided) CoList: Tiffany Littlefield from eXp Realty of California Inc
$1,325,000
3 Beds ⋅ 2 Baths ⋅ ML82048745 MLS
This single level Spanish style home exudes old world charm. Originally built as a 2 bedroom, 1 bath home. The home currently functions as 2 separate units. One unit is 1 bedroom with living room, kitchenette and 1 bath and the other unit is 2 bedrooms, 1 bath with kitchen. Parking area is in the back of the building and each unit has 1 parking spot. There is plenty of off-street parking. Check with the zoning office for potential uses. With some TLC this place will really shine. This is a great opportunity for the right buyer. Located close to downtown, beaches, transit, and UCSC. Must be sold with 311 Ocean St Two adjacent properties are also available for sale: 419 Barson St.(ML81955565), 427 Barson Ideal for investors exchanging! Please do not disturb tenants!

315 Ocean ST, Santa Cruz

Listed by Mike Khesin, 408-412-5466 from Intempus Realty
(If provided) CoList: Alexis Martinez from Intempus Realty
$900,000
3 Beds ⋅ 3 Baths ⋅ ML82048743 MLS
This single level Spanish style home exudes old world charm. Originally built as a 2 bedroom, 1 bath home. The home currently functions as 3 separate units. Each one is one bed, one bath. Parking area is in the back of the building and each unit has 1 parking spot. There is plenty of off-street parking. Check with the zoning office for potential uses. With some TLC this place will really shine. This is a great opportunity for the right buyer. Located close to downtown, beaches, transit, and UCSC. Must be sold with 315 Ocean St Two adjacent properties are also available for sale: 419 Barson St, 427 Barson Ideal for investors exchanging! Please do not disturb tenants!

311 Ocean ST, Santa Cruz

Listed by Mike Khesin, 408-412-5466 from Intempus Realty
(If provided) CoList: Alexis Martinez from Intempus Realty
$880,000
2 Beds ⋅ 1 Baths ⋅ ML82048742 MLS
Cottage in the central area of Santa Cruz close to the beach, boardwalk, shops and restaurants. Three adjacent properties are also available for sale: 427 Barson St., 315 Ocean St, 311 Ocean St. Ideal for investors exchanging! Please do not disturb the tenants

419 Barson ST, Santa Cruz

Listed by Mike Khesin, 408-412-5466 from Intempus Realty
(If provided) CoList: Alexis Martinez from Intempus Realty
$1,750,000
ML82048570 MLS

142 Benito AVE, Santa Cruz

Listed by Wayne Shaffer, 831-332-1084 from Shaffer & Associates
(If provided) CoList: from

$1,100,000
3 Beds ⋅ ML82048349 MLS
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!

114 Park AVE, Santa Cruz

Listed by Charlene King, 831-801-5464 from CENTURY 21 Masters
(If provided) CoList: Shannan Matthews from CENTURY 21 Masters
$6,685,000
8 Beds ⋅ ML82046156 MLS
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!

1703 East Cliff DR, Santa Cruz

Listed by Dave Dawson, 831-901-2856 from Bailey Properties
(If provided) CoList: Dorene Dawson from Bailey Properties
$399,000
ML82045609 MLS
This conforming R-1-5 zoned lot offers a rare chance to build in one of Santa Cruz's most desirable neighborhoods. The gently sloped (under 30% slope), west-facing parcel is mostly cleared and sits on Santa Margarita sandstone, providing excellent foundation conditions. Enjoy beautiful Pogonip views and spectacular sunsets. Located in the heart of Midtown, the property is just minutes from DeLaveaga Park and Golf Course, Shoppers Corner, The Buttery, and the beach. Plus, it offers quick freeway access for commuters. All utilities are available at the Market Street frontage, streamlining the development process. Whether you're an investor, builder, or future homeowner looking to create a multi-unit compound or single-family home, this property delivers location, flexibility, and potential buyers to investigate all information and buildability. The boundary overlay is approximate.The house photo is an AI-generated rendering for conceptual design only.

0 Market ST, Santa Cruz

Listed by Dani Scott, 831-837-7145 from Anderson Christie, Inc.
(If provided) CoList: Christine Clayton from Anderson Christie, Inc.
$3,200,000
BE41127009 MLS
Location, Location Location! Great Opportunity to own this 3- story building with an elevator and 2 entrances! One entrance on Soquel and the other on Frederick. The building shows well and has plenty of parking on the 1610 Soquel Avenue access and more parking on the 700 Frederick Street side of the property.

1610 Soquel Ave, Santa Cruz

Listed by David Azimi, (510) 386-4844 from Intero Real Estate Services
(If provided) CoList: Payal Kir from Intero Real Estate Services
$1,999,999
ML82036301 MLS
7+ CAP Investment Opportunity! CAP rate above 7 is uncommon for multi-unit properties in Santa Cruz. Fully leased five-unit income property in prime Santa Cruz location. Property consists of a 2-bedroom main home, two detached studios (including a Jr. ADU), and two detached 2-bedroom/1-bath ADUs. All units are currently occupied, providing stable in-place rental income. Conveniently located near Highway 1, Santa Cruz Beach Boardwalk, UCSC, downtown Santa Cruz, and restaurants. Great opportunity for investors seeking a multi-unit investment property in an ideal location.

114 Franklin ST, Santa Cruz

Listed by Shawki Farhat, 831-228-9559 from Raeid Farhat Real Estate Inc
(If provided) CoList: from

$2,775,000
ML82032670 MLS
Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn.

806 Ocean ST, Santa Cruz

Listed by The Portola Group, 831-440-8367 from KW Thrive Santa Cruz
(If provided) CoList: from

$995,000
3 Beds ⋅ 2 Baths ⋅ ML82030981 MLS
319 Jessie St, Santa Cruz-Turnkey Cash Flow in a Supply-Starved Market. At $4,800/month in current rental income, this East Santa Cruz income property is already working for you from day one. Annualized, that's $57,600 in gross rents in a coastal California city where vacancy rates stay historically low and rental demand consistently outpaces supply. The 3-bed, 2-bath single-story home spans 1,475 sq ft on a 5,009 sq ft lot with a 2-car attached garage and parking for up to four vehicles. Long-term tenants are in place, eliminating the typical turnover headache and stabilizing your returns immediately at close. RL zoning adds a layer of upside worth exploring potential for additional density or future development, subject to buyer verification with the City of Santa Cruz. The shared driveway arrangement with neighboring 315 Jessie St. keeps the footprint efficient.Whether you're 1031-exchanging into a low-maintenance hold or anchoring a growing Santa Cruz portfolio, this property delivers the fundamentals: reliable income, a desirable location, and room for long-term appreciation.

319 Jessie ST, Santa Cruz

Listed by Paul Zech, 831-247-3007 from Coldwell Banker Realty
(If provided) CoList: Kathleen Zech from Coldwell Banker Realty
$2,500,000
3 Beds ⋅ ML82030410 MLS
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.

338 Ocean ST, Santa Cruz

Listed by Paul Zech, 831-247-3007 from Coldwell Banker Realty
(If provided) CoList: from

$997,500
2 Beds ⋅ 2 Baths ⋅ ML82027018 MLS
Charming Craftsman welcomes you home with a refreshing burst of color to 1028 square feet of comfortable living space. Enjoy the good life amidst over $60K of recent improvements and upgrades, with hardwood floors in all the main living areas providing a warm and inviting atmosphere, enhanced by a cozy fireplace. The kitchen is equipped with a farmhouse copper sink, Miele dishwasher and gas oven-range, perfect for those who love to cook, and a mud room with washer and dryer provides ideal transition to the back yard. There is a detached oversized garage suitable for a large vehicle with ample shop space and a special enclosed "catio" for the kitties, where someone seeking flexible living arrangements can explore converting the entire 320 SF building to an independent Accessory Dwelling Unit. The outdoor areas have been converted to a lush environment with multiple fruit trees and relaxing habitats where you can take a snooze in the hammock, a soak in the hot tub, or gather with friends and family in total privacy amidst mature landscaping behind high walls and fences that create a veritable sanctuary in the city.

113 Washburn AVE, Santa Cruz

Listed by Datta Khalsa, 831-818-0181 from Main Street Realtors
(If provided) CoList: from

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Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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