817 California ST, Santa Cruz, CA 95060
See all 30 photos
817 California ST, Santa Cruz, CA 95060
817 California ST, Santa Cruz, CA 95060
817 California ST, Santa Cruz, CA 95060
817 California ST, Santa Cruz, CA 95060
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
David Lucas

David Lucas

+1(650) 399-0121
Listed by Sam Bird-Robinson • Compass, DRE#01901727
$ 3,975,000
Est. payment /mo
Save
Active

817 California ST Santa Cruz, CA 95060

16 Beds

8 Baths

4,828 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 4,828 sqft

Price per Sqft $823

MLS Listing ID ML82042938

Bedrooms 16

Full Baths 8

Year Built 1973

Lot Size 0.276 Acres

Property Sub-Type Multiple Dwellings / Structures

Property Description

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

Location

State CA

County Santa Cruz

Area West Santa Cruz

Zoning Multifamily

Interior

Heating Central Forced Air - Gas

Cooling None

Flooring Laminate, Vinyl / Linoleum

Exterior

Parking Features Off-Street Parking

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Rolled Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 006-481-33-000

Security Features None

Horse Property No

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)
© 2026 MLSListings Inc. All rights reserved.

NEARBY SCHOOL & BUSINESS

David Lucas

David Lucas

Agent | License ID: 02114304

+1(650) 399-0121

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Serhant California Inc, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

817 California ST