The median home value in Santa Cruz, CA is $1,150,000.
This is
higher than
the county median home value of $945,000.
The national median home value is $308,980.
The average price of homes sold in Santa Cruz, CA is $1,150,000.
Approximately 41% of Santa Cruz homes are owned,
compared to 52% rented, while
8% are vacant.
Santa Cruz real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Santa Cruz real estate agent to arrange a tour today! Learn more about Santa Cruz.
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.
"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.
Excellent office building located on the outskirts of downtown, along the river path and adjacent to San Lorenzo Park. This building is great for an owner user or an investment opportunity. This building offers great functionality with multiple office rooms, bathroom, and ample parking. Easy access to freeway and a short scenic walk to downtown restaurants and shops makes this location very convenient for staff and clients. Listing could be purchased with adjoining unit, please see MLS number ML81925067.
Excellent office building located on the outskirts of downtown, along the river path and adjacent to San Lorenzo Park. This building is great for an owner user or an investment opportunity. This building offers great functionality with multiple office rooms, bathroom, and ample parking. Easy access to freeway and a short scenic walk to downtown restaurants and shops makes this location very convenient for staff and clients. Listing could be purchased with adjoining unit, please see MLS number ML81925067.
Rare opportunity to own a piece of Santa Cruz History. Located on a highly visible corner on one of Santa Cruz's most well-traveled roads yet walking distance to downtown restaurants and shops. This spacious Victorian house is currently used as an office and is 4,623 Sq. Ft. plus 200 Sq. Ft. of storage space, includes 6 private offices as well as several meeting rooms and breakrooms. In addition, there is a separate structure with a legal residential unit on second floor above the private office space offering a great opportunity for live/work or great rental income. Established history with therapy and professional office users and possible uses to include live/work, group home / transitional housing/recovery facility. A total of three parcels included and totaling over 18,000 Sq. Potential to merge lots for future development possibilities. Buyer to verify with City of Santa Cruz for residential and developmental possibilities.
Former home of Good Shepherd Catholic School and resting on 9+ acres in Santa Cruz, California, this 24,000 sq ft facility is ready for transitioning. Currently zoned PF (Public Facility) - some conditionally allowed uses may include affordable housing, schools, colleges, offices, clinics, laboratories, hospitals, nursing homes, residential care facilities, day care facilities. Good Shepherd School is outfitted with solar panels and consists of four modular buildings, gymnasium, kitchen, library, administrative offices, and a large sports/activity field. A commercial property of this size and centrally located near schools, shopping, and medical facilities is rarely available within the Monterey Bay area. Explore the possibility to reinvent this extraordinary opportunity into something that can benefit the communities in the surrounding areas. An ideal investor match.
Beach close, 20 Unit garden style apartments in 5 buildings on a huge, C1, lot w/ample parking. Great potential for future development. Large garden areas for tenants. Due its location and charm, there are long term stable tenants providing ease of mgmt. Property was originally a hotel, so the small units maximize the Owner's rent/sf. DO NOT DISTURB TENANTS! Showings with accepted offer ONLY! Call Listing Agent for additional information.
The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Broker Listing Exchange (BLE) program of MLSListings Inc. 2023. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Based on information from the MLSListings MLS as of 4/17/2024 (updated every 15 minutes). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
