Address not disclosed

Highway 9, Ben Lomond, CA, 95005
$2,399,000

Basics

Date added Added 4 hours ago Category Type Status
Area 4178 sq ft Lot size 30884 sq ft Year built 1950 Lease term Month To Month
Garage spaces 0 Listing source MLSL MLS ID ML82055141

Description

  • Description:

    Nestled among the towering redwoods of the San Lorenzo Valley, this rare 8-unit multifamily property boasts 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.

Location

  • County: Santa Cruz
  • Directions: North on State Route 9 from Santa Cruz to Ben Lomond, just past the downtown area, on the right-hand side, at the corner of Jacobson Lane.

Building Details

  • Architectural style: Cabin, Cottage, Rustic
  • Parking spaces: 10
  • New construction: No
  • Heating: Central Forced Air, Gas, Wall Furnace
  • Roof:
  • Parking:

Amenities & Features

  • Waterfront: No
  • Garage: No
  • Attached garage: No
  • Fireplace: No
  • Private pool: No
  • Cooling: None
  • Utilities: Public Utilities, Water - Public
  • Amenities:

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