817 California Street, Santa Cruz, CA 95060 (MLS # ML82042938)

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PRICE $3,975,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 4,828 sqft
LOT SIZE 12,023 sqft
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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

DAYS ON MARKET 8 LAST UPDATED 4/14/2026
YEAR BUILT 1973 COMMUNITY 699 - Not Defined
COUNTY Santa Cruz STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AIR CONDITIONING Yes
AREA 699 - Not Defined
LOT 0.276 acre(s)
LOT DIMENSIONS 12023
PARKING Off Street
SEWER Public Sewer
TAXES 49687
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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