817 California Street
Santa Cruz, CA 95060
16
Bed
0
Bath
4,828Sqft
12,023Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Has Cooling: Yes Cooling: None
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Building Information
Year Built: 1973Building Area Total: 4828Private Pool: No
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Lot Information
Main Square Feet: 12023 Lot Size Acres: 0.276 Lot Size Source: Assessor Lot Size Square Feet: 12,023
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Listing Price Information
Listing Price: $3725000Original Price: $3975000
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Tax Information
Parcel Number: 00648133000 Annual Tax: $49687
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Virtual Tour
Parking Information
Parking Total: 10 OffStreet
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Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 116 Monterey Street, Santa Cruz, CA, 95060 | $4,588,000 | 4 | 4 | 2,586 | 2,586 SqFt |
| Laurel Street, Santa Cruz, CA, 95060 | $1,500,000 | 3 | 2 | 2,036 | 2,036 SqFt |
| 400 Endlich Drive, Santa Cruz, CA, 95060 | $1,950,000 | 2 | 3 | 3,000 | 3,000 SqFt |
| 260 Humbug Lane, Santa Cruz, CA, 95060 | $1,999,999 | 3 | 3 | 3,422 | 3,422 SqFt |
| 220 Miracle Ln, Santa Cruz, CA, 95060 | $1,699,000 | 3 | 3 | 2,941 | 2,941 SqFt |
| 155 Rabbits Run Road, Santa Cruz, CA, 95060 | $1,399,000 | 4 | 3 | 3,004 | 3,004 SqFt |
| 2000 Glen Canyon Road, Santa Cruz, CA, 95060 | $1,549,000 | 4 | 3 | 2,981 | 2,981 SqFt |
| 1239 La Madrona Drive, Santa Cruz, CA, 95060 | $1,599,000 | 4 | 4 | 3,206 | 3,206 SqFt |
| 106 Carbonera Drive, Santa Cruz, CA, 95060 | $1,999,000 | 3 | 3 | 3,857 | 3,857 SqFt |
| 16 Kite Hill Road, Santa Cruz, CA, 95060 | $3,495,000 | 4 | 3 | 3,119 | 3,119 SqFt |
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ByOwner last updated this listing 08/18/2026 @ 01:55
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