Outstanding turnkey fourplex investment opportunity in central Santa Cruz! All units have been tastefully updated and meticulously maintained. The property features 4 separate structures including a beautifully updated 3 bedroom Victorian house, a 2-bedroom cottage, a duplex with 1 bedroom and 3 bedroom units, a separate 4 bay garage building with supplemental living space over the garages, and off-street parking. The large nicely landscaped lot provides ample opportunities for tenants to enjoy outdoor living spaces. Many energy efficiency improvements help keep utility costs low for tenants. Ideal location near downtown with a high walkability score offers tenants easy access to restaurants, shops, Highway 1, the pier, the Boardwalk, and beaches. This is a unique opportunity for an investor looking for a high-quality long-term investment with a strong rental history, very low vacancy rates, and financial upside potential through rent rate increases and the possibility of an ADU conversion per current state and local ADU regulations. The property is also perfect for an owner occupant to reside in a beautiful 3-bedroom, two-bath home while enjoying extra income from the other units, OR for a multi-generational family compound. Bring your investors and owner-occupant clients!
Lease Term
12 months3,744 Sq Ft
0.29 Private Acres Lot Size
investment
US$1,370 Monthly Tax
Built in 1908
MLS/Listing ID ML82056624
4 Units
Style - Craftsman
Washer/Dryer
Refrigerator
Exhaust Fan
Dishwasher
Skylights
Shingle
Parking - Detached
Heating - Wall Furnace
Heating - Electric
Crawlspace
Concrete Perimeter
Laminate
Carpet
Style - Victorian
Style - Traditional
TOTAL MONTHLY COST
US$0
US$0
US$0
The real estate listing data marked with this icon comes from the Internet Data Exchange program of the MLSListings Inc MLS system. Copyright © 2026, MLSListings Inc — All rights reserved.