Nestled among the towering redwoods of the San Lorenzo Valley, this 8-unit multifamily property has excellent rental history with low vacancy, appealing to long-term tenants, and offers the fundamentals a thoughtful investor looks for: high occupancy, high income potential, and a desirable location for easy access to highways and public transportation. Versatility of units makes this great for buyers searching for solid investment return: live in one, rent the others, or a community compound. Property has been well-maintained by the current owner. Set on a bright and sunny flat lot with one new roof, repairs, and painting completed in 2026. The property features a mix of 1- and 2-bed cottages, two 2-bed apartments, 3 studio apartments, and a 3-bed/2-bath house, with inviting front porches, vibrant exterior finishes, and a peaceful, community-oriented layout that tenants love, with the opportunity to create a large raised-bed garden. Additional highlights include on-site parking for all units and a large garage for storage and extra income potential. With the flexible unit mix and upside potential, this is an exceptional opportunity for investors seeking immediate cash flow and long-term appreciation in one of the most desirable and supply-constrained rental markets in CA.
Property Details
Price:
$2,399,000
MLS #:
ML82064484
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Neighborhood:
699notdefined
Listed Date:
Oct 13, 2026
Finished Sq Ft:
4,178
Total Sq Ft:
4,178
Lot Size:
30,884 sqft / 0.71 acres (approx)
Year Built:
1950
See this Listing
Schools
School District:
Other
Elementary School:
Other
Middle School:
Other
High School:
Other
Interior
Cooling
NO
Flooring
TILE, LAM
Heating
WL
Exterior
Accessibility Features
NO
Architectural Style
COT
Parking Spots
10
Parking Total
10
Roof
SHN
View
TW
Financial
Maintenance Fee
$9,244
Taxes
$14,262
Map
Community
- Address10040 Highway 9 Ben Lomond CA
- CityBen Lomond
- CountySanta Cruz
- Zip Code95005
Market Summary
Current real estate data for Single Family in Ben Lomond as of Oct 17, 2026
29
Single Family Listed
95
Avg DOM
566
Avg $ / SqFt
$949,207
Avg List Price
Property Summary
- 10040 Highway 9 Ben Lomond CA is a Single Family for sale in Ben Lomond, CA, 95005. It is listed for $2,399,000 and features 0 beds, 0 baths, and has approximately 4,178 square feet of living space, and was originally constructed in 1950. The current price per square foot is $574. The average price per square foot for Single Family listings in Ben Lomond is $566. The average listing price for Single Family in Ben Lomond is $949,207.
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10040 Highway 9
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