8 1BR/1BA units (4-units per building on separate parcels). Near downtown Santa Cruz. Walk to convenience shopping. Stable tenants. Original family ownership. Upside potential with upgrades & cosmetic site work. " As is sale. " Scheduled GRM 10.27. Pro-forma cap rate with existing rents 5.89%. Please do not disturb residents. Drive-by only. 8 units across street at 502/504 Maple St. also available.
Multi-familyProperty Type
1973Year Built
10,018 sq ftLot Size
$264Price/Sq.Ft.
Listed by Greg Linder•DRE #00810078• Coldwell Banker Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
5,009 Sq. Ft.
Year renovated
1973
Sq. Ft.
1,968
Year built
1973
Style
Multi-Family (2-4 Unit)
County
Santa Cruz County
APN
00650304
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
RL
FP-O
Multiple Residence – Low-Density District
To promote the development of multifamily townhouses, condominiums and apartments at a low to medium density of 10.1 to 27 units per acre, depending on unit mix; to stabilize and protect the residential characteristics of the district and to promote and encourage a suitable environment for the lives of families and single persons. This section of the Zoning Ordinance is also part of the Local Coastal Implementation Plan.
Zone overlays
Floodplain Overlay District
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Feb 7, 2020 • Final
Bldg residential
Work on siding.
Roofing
Oct 8, 2019 • Final
Bldg residential
Construct a new deck and patio addition.
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.