817 California Street, Santa Cruz, California 95060

  • $3,975,000
817 California Street, Santa Cruz, CA 95060
Active
817 California Street, Santa Cruz, California 95060
817 California Street, Santa Cruz, CA 95060
  • $3,975,000

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

  • Address 817 California Street
  • City Santa Cruz
  • State/county CA
  • Zip/Postal Code 95060

Details

Updated on May 8, 2026 at 7:52 pm
  • Property ID: ML82042938
  • Price: $3,975,000
  • Property Size: 4828 Sqft
  • Land Area: 0.276 Acres
  • Year Built: 1973
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

Additional details

  • Sewer: Public Sewer
  • Cooling: None
  • Flooring: Laminate
  • County: Santa Cruz
  • Property Type: Residential Income
  • Parking: Off Street

Video

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman