Basics
| Date added Added 4 hours ago | Category Five Or More Units | Type Residential Income | Status Active |
| 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
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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: Shingle
- Parking: Off-Street Parking
Amenities & Features
- Waterfront: No
- Garage: No
- Attached garage: No
- Fireplace: No
- Private pool: No
- Cooling: None
- Utilities: Public Utilities, Water - Public
- Amenities: