Santa Cruz CA Real Estate & Commercial for Sale

Great Opportunity! 5 UNITS!: 1) 2Bd./1Ba, 4) 1Bd/1Ba. This is an amazing site with 5 units, several have been updated, other units provide you the return on updating! All rented, very low vacancy. Good parking with Carport and back alley access. Short walk to eateries, Twin Lakes Beach, Harbor. Go home, park your car, and walk to everything! A truly special property,.! Perhaps you want to maintain a get -a-way place but like the income as well? Cash Flow, Location, Income!! Investors don't miss this one!

Delightful Village of 6 Residences, with 3 stand-alone Homes plus 3 Townhome-style units and 2 Outbuildings. All this on a large garden parcel with ample yards and plenty of off-street parking on a prime Mid-County location! The Original 3 BR/1.5 Bath Home sits back from Mission Dr behind a charming entry pergola and picket-fenced front yard with lush garden. In its large back yard is an outbuilding with potential for conversion to an ADU. Next down the driveway are 3 Townhome-style units, each with private back yards: Two have 2-story 2/1.5 985 SF floorplans and the third has a 2/1 single-level 830 SF floorplan with an adjacent garage that offers potential to expand to a 3/2 of 1030 SF. At the back of the property are the final 2 standalone homes, each of which has an attached garage offering room to add another bedroom and bath. One has a 2/1 floorplan in 911 SF, expandable to 1111 SF, and the other has a 2/1.5 floorplan in 982 SF, expandable to 1182 SF plus an outbuilding with potential for conversion to yet another ADU. Research shows Market GSI of $300K as-is, with upside if you convert the garages and ADUs. Additional opportunities abound with a tentative map and TIC docs ready to file, and an adjoining parcel offered separately that is entitled for development of 21 units.

Delightful Village of 6 Residences, with 3 stand-alone Homes plus 3 Townhome-style units and 2 Outbuildings. All this on a large garden parcel with ample yards and plenty of off-street parking on a prime Mid-County location! The Original 3 BR/1.5 Bath Home sits back from Mission Dr behind a charming entry pergola and picket-fenced front yard with lush garden. In its large back yard is an outbuilding with potential for conversion to an ADU. Next down the driveway are 3 Townhome-style units, each with private back yards: Two have 2-story 2/1.5 985 SF floorplans and the third has a 2/1 single-level 830 SF floorplan with an adjacent garage that offers potential to expand to a 3/2 of 1030 SF. At the back of the property are the final 2 standalone homes, each of which has an attached garage offering room to add another bedroom and bath. One has a 2/1 floorplan in 911 SF, expandable to 1111 SF, and the other has a 2/1.5 floorplan in 982 SF, expandable to 1182 SF plus an outbuilding with potential for conversion to yet another ADU. Research shows Market GSI of $300K as-is, with upside if you convert the garages and ADUs. Additional opportunities abound with a tentative map and TIC docs ready to file, and an adjoining parcel offered separately that is entitled for development of 21 units.

Amazing fully leased 12 unit apartment building in Santa Cruz, near beach boardwalk. Enjoy steady income and a high occupancy rate year round.

Prime Investment Opportunity". This 12-unit apartment building has been in the same family for over 40 years. Currently the tenants have month to month leases with rents well below the current market rates. There are 11 one-bedroom apartments and 1 studio apartment, private patio decks, many with ocean views including one with a roof top deck with views of the entire bay. Exterior has been freshly painted and a new roof installed in 2023. Close to all amenities including walking distance to the Santa Cruz Boardwalk, beach, wharf, and restaurants. Offering a lucrative opportunity with a possible Pro Forma of 6.4%+ CAP Rate.

Great opportunity to own a building in one of the most desirable areas in Santa Cruz on 41st Avenue. Tenant occupied, on-site parking, good condition and low maintenance.

Two-story downtown building located at the corner of Cedar and Elm. Building has approved plans to convert the upstairs to residential with retail or restaurant on the ground floor. A rarity in downtown Santa Cruz with 7 on-site parking spaces. Each level is 2,000 sf with a total of 4,000 sf of existing building. Parcel totals 6,750 sf.

These two parcels have significant development opportunities. This property is a prime investment opportunity because of the possible many uses and its zoning the City of Santa Cruz has shared with the seller. The location allows for no required parking on site. There are two parcels. One is 6,409 Sq Ft, and the other is 3,444 Sq Ft. Total approx. 9,853 Sq Ft. The current income is strong, and there is additional space inside and outside to generate more. Development insights provided by Santa Cruz City Planning & Zoning Dept. states Currently a minimum of 6 units would be permitted , two stories tall, quite possibly more units and height increase subject buyers plans. City also declares the site does qualify for low income housing and in that case, developer could possibly go to 5 stories tall and there is no maximum number of units. The seller and agents do not warranty what is written, and buyer due diligence is recommended.

Rare 5 Unit Multi-Res opportunity on a large, 8,120 sq ft property, on a quiet street in the heart of all things Santa Cruz w/six off street private parking spaces in rear + on-street option. 2 separate buildings; Craftsman style SFR main residence in front, w/2BD/1BA, hardwood floors in the living/dining areas, w/traditional period inspired built-ins, creating a warm & welcoming space. Spacious kitchen, ample cabinetry, newer grout-free countertops, gas stove & convenient rear access to the common area courtyard w/coin-operated laundry room. Behind the detached 2 BD house, discover a 2-story 4-unit complex, 2 ground floor + 2 upstairs units w/private deck/balcony areas. Some upgraded baths w/newer shower doors & vanities, laminate flooring, kitchens w/white cabinetry, original tile counters, electric stoves & wall heaters. Coin-operated laundry for all residents & common water heater for the 4 plex. Whether you choose to reside in a unit or invest in the rental earnings of all five units, this property offers a unique opportunity to experience the best of Santa Cruz with a rare chance to invest in downtown. Close proximity to all amenities of downtown Pacific, Ocean & Front streets, The Beach & Boardwalk, as well as transportation, no car needed! Photos taken prior to tenants.

Sherman and Boone Real Estate proudly presents a fully leased commercial property situated at 1105 Water St. This property features two buildings on a single parcel, boasting a parking lot offering 12 spaces on-site + street parking as well as a Security System in place. Strategically located in Midtown, near Seabright Avenue and Downtown Santa Cruz, the property spans 5,290 square feet, ensuring optimal visibility and high traffic counts. The building is comprised of four great tenants, all who have recently renewed their lease agreements. Community Bridges, a longstanding tenant since 2009, occupies 2,000 square feet, while Habitat for Humanity utilizes 1,840 square feet. State Farm Insurance is in 800 square feet while Surf City Windows & Gutters occupies the remaining 650 square feet. Noteworthy is the property's minimal tenant turnover and the presence of a roof reserve fund, demonstrating prudent ownership. With its prime location and stable tenant base, this commercial property offers an exceptional investment opportunity in Santa Cruz's vibrant market.

Fantastic downtown Santa Cruz setting! Versatile property with numerous possibilities. Ideal for a live/work setup, this property boasts a 2 story building featuring six private offices, a spacious lobby and reception area, a private kitchen, and ample storage. The property also includes a charming one-bedroom apartment above the two-car garage, complete with a private entry, roof access, and a deck. The potential for passive income through a rental unit or create a convenient work-from-home environment.....you choose!!

Garage Unlimited unit for sale! Most of these units sell off-market due to the high demand and desirability! Do everything you do in your garage at home in these units. Great for general storage, storage related to your business, boat and RV storage, hobby shop space, car restoration! Approx dimensions are 18'x45'. Approx 16'-18' clear height for potential mezzanine space or pallet rack storage. Each unit separately metered for electricity.

Garage Unlimited unit for sale! Most of these units sell off-market due to the high demand and desirability! Do everything you do in your garage at home in these units. Great for general storage, storage related to your business, boat and RV storage, hobby shop space, car restoration! Approx dimensions are 18'x45'. Approx 16'-18' clear height for potential mezzanine space or pallet rack storage. Each unit separately metered for electricity.