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Listed by Compass, Sam Bird-Robinson, Charlie Lambert Listing Contact: 831-515-6060
4,828 sqft

$3,725,000

817 California ST, Santa Cruz CA, 95060

Price per sqft$771.54
Built in1973
Property size4,828 sqft
Property typeMulti-family

Overview

Active

Listed Apr 14, 2026

Updated 4 days ago

5% CAP!!! 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

$24,783/mo

Est. mortgage payment based on a $3,725,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82042938

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$49,687
Tax Frequency
Annually
MLS provider logo

Listed by Compass, Sam Bird-Robinson DRE:01901727, Charlie Lambert
Listing Contact: 831-515-6060 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Shari Silva | CA DRE# 01725425 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Shari Silva | CA DRE# 01725425 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 6:39 PM UTC, 9/11/2026

 

 

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