817 California Street
Santa Cruz, CA 95060
0
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
-
Bathroom Information
Total Baths: 0Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Flooring: Laminate -
Cooling Features
None Air ConditioningHeating Source
Has Heating
-
Building Information
Year Built: 1973 Building Area Total: 4,828 -
Foundation
Slab -
Accessibility Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.276 -
Lot Size Source: Assessor Lot Size Square Feet: 12023
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Listing Price Information
Original List Price: 3,975,000 Listing Contract Date: 2026-04-14 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 00648133000 Annual Tax: 49687
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Garage and Parking
Garage Description: Off StreetHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Zoning: Multifamily Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Mixed Use -
Building and Construction
Property Age: 53 Structure Type: Mixed Use Year Built Source: Assessor Total Square Feet Living: 4828
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Laurel Street, Santa Cruz, CA, 95060 | $1,500,000 | 3 | 2 | 2,036 | 2,036 SqFt |
| 116 Monterey Street, Santa Cruz, CA, 95060 | $4,588,000 | 4 | 4 | 2,586 | 2,586 SqFt |
| 260 Humbug Lane, Santa Cruz, CA, 95060 | $2,540,000 | 3 | 2 | 3,422 | 3,422 SqFt |
| 220 Miracle Lane, Santa Cruz, CA, 95060 | $1,775,000 | 3 | 2 | 2,941 | 2,941 SqFt |
| 155 Rabbits Run Road, Santa Cruz, CA, 95060 | $1,550,000 | 4 | 3 | 3,004 | 3,004 SqFt |
| 404 Esmeralda Drive, Santa Cruz, CA, 95060 | $1,890,000 | 3 | 2 | 2,361 | 2,361 SqFt |
| 46 Beulah Drive, Santa Cruz, CA, 95060 | $889,000 | 2 | 1 | 920 | 920 SqFt |
| 111 Misty Court, Santa Cruz, CA, 95060 | $1,799,000 | 4 | 3 | 3,352 | 3,352 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 | 2 | 3,857 | 3,857 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 05:42
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