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
Property Details
Price:
$3,975,000
MLS #:
ML82042938
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Neighborhood:
699notdefined
Listed Date:
Apr 14, 2026
Finished Sq Ft:
4,828
Total Sq Ft:
4,828
Lot Size:
12,023 sqft / 0.28 acres (approx)
Year Built:
1973
See this Listing
Schools
School District:
Other
Interior
Cooling
NO
Flooring
LAM
Exterior
Accessibility Features
NO
Parking Spots
10
Parking Total
10
Financial
Maintenance Fee
$10,000
Taxes
$49,687
Map
Community
- Address817 California ST Santa Cruz CA
- CitySanta Cruz
- CountySanta Cruz
- Zip Code95060
Subdivisions in Santa Cruz
Market Summary
Current real estate data for Single Family in Santa Cruz as of Apr 16, 2026
149
Single Family Listed
90
Avg DOM
1,018
Avg $ / SqFt
$1,944,072
Avg List Price
Property Summary
- 817 California ST Santa Cruz CA is a Single Family for sale in Santa Cruz, CA, 95060. It is listed for $3,975,000 and features 0 beds, 0 baths, and has approximately 4,828 square feet of living space, and was originally constructed in 1973. The current price per square foot is $823. The average price per square foot for Single Family listings in Santa Cruz is $1,018. The average listing price for Single Family in Santa Cruz is $1,944,072.
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