708 Riverside Avenue is a 4-plex in the great beach city of Santa Cruz, California. Situated on a 7,275 square foot parcel of land, the subject property was originally constructed in 1908 and effective on 1975 according to public record, it has a gross building area of approximately 2,589 rentable square feet, offering its tenants beautifully designed two-bedroom floor plans. The property provides its tenants with ample parking space and storage, this gives the tenants flexibility when it comes to parking. The property also includes the back lot that can be converted into an ADU. The City of Santa Cruz is located 30 Miles South West of San Jose, Santa Cruz is a competitive rental market because of its attractions and UC Santa Cruz, which is located at no more than 2 Miles from the property. The Iconic Santa Cruz Boardwalk is down the street from this property, the tenants will enjoy of a short distance to shopping centers and downtown Santa Cruz as well.
Multi-familyProperty Type
1908Year Built
7,275 sq ftLot Size
$642Est. Price/Sq.Ft.
4 spacesParking
Listed by Ray Rodriguez•DRE #01999734• Compass
Listed by Tony Zizzo•DRE #01962093• Compass
Bought with Scott C. Poncetta•DRE #01497030• KW Bay Area Estates
Source:MLSListings #ML81894255
Redfin Estimate
$1,663,330
$808K since sold in April 2024$52K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.8% lower than the average sale price ($1.69M) of 5 comparable homes.
708 Riverside Avenue is a 4-plex in the great beach city of Santa Cruz, California. Situated on a 7,275 square foot parcel of land, the subject property was originally constructed in 1908 and effective on 1975 according to public record, it has a gross building area of approximately 2,589 rentable square feet, offering its tenants beautifully designed two-bedroom floor plans. The property provides its tenants with ample parking space and storage, this gives the tenants flexibility when it comes to parking. The property also includes the back lot that can be converted into an ADU. The City of Santa Cruz is located 30 Miles South West of San Jose, Santa Cruz is a competitive rental market because of its attractions and UC Santa Cruz, which is located at no more than 2 Miles from the property. The Iconic Santa Cruz Boardwalk is down the street from this property, the tenants will enjoy of a short distance to shopping centers and downtown Santa Cruz as well.
MLSListings #ML81772424
Jan 3, 2020
Sold
$1,325,000
$512/sq ft
Dec 18, 2019
Pending
—
Oct 15, 2019
Listed
$1,395,000
$539/sq ft
SDMLS #301760541
Jul 30, 2019
Listing Removed
—
May 10, 2019
Listed
$1,395,000
$539/sq ft
SDMLS #301757668
May 6, 2019
Listing Removed
—
Mar 11, 2019
Listed
$1,395,000
$539/sq ft
Public Records
Sep 7, 2005
Sold
$875,000
$338/sq ft
MLSListings #ML80539326
Sep 7, 2005
Listing Removed
—
Jul 19, 2005
Sold
$875,000
$338/sq ft
Jul 11, 2005
Listed
$875,000
$338/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$18,986 (−2.5%)
$1,045,500 + $535,500
$1,581,000
2024
$19,465 (+20.6%)
$1,173,000 + $535,500
$1,708,500
2023
$16,139 (+1.1%)
$1,173,000 + $535,500
$1,708,500
2022
$15,961 (+2.1%)
$893,502 + $499,310
$1,392,812
2021
$15,634 (+20.7%)
$875,982 + $489,519
$1,365,501
2020
$12,954 (+2.1%)
$858,806 + $479,921
$1,338,727
2019
$12,684 (+1.1%)
$687,264 + $406,111
$1,093,375
2018
$12,545 (+1.3%)
$673,788 + $398,148
$1,071,936
2017
$12,389 (+6.2%)
$647,624 + $382,688
$1,030,312
2016
$11,670 (+3.7%)
$647,624 + $382,688
$1,030,312
2015
$11,252 (+1.7%)
$634,925 + $375,184
$1,010,109
2014
$11,065 (−0.4%)
$613,138 + $362,309
$975,447
2013
$11,109 (+1.7%)
$613,138 + $362,309
$975,447
2012
$10,928 (+2.1%)
$610,367 + $360,672
$971,039
2011
$10,703 (+1.4%)
$598,399 + $353,600
$951,999
2010
$10,550 (−1.7%)
$586,666 + $346,667
$933,333
2009
$10,732 (+4.4%)
$582,281 + $344,076
$926,357
2008
$10,280
$583,664 + $344,893
$928,557
Tax history for 708 Riverside Ave
Year
Property tax
Land + Additions
Assessment*
2025
$18,986 (−2.5%)
$1,045,500 + $535,500
$1,581,000
2024
$19,465 (+20.6%)
$1,173,000 + $535,500
$1,708,500
2023
$16,139 (+1.1%)
$1,173,000 + $535,500
$1,708,500
2022
$15,961 (+2.1%)
$893,502 + $499,310
$1,392,812
2021
$15,634 (+20.7%)
$875,982 + $489,519
$1,365,501
2020
$12,954 (+2.1%)
$858,806 + $479,921
$1,338,727
2019
$12,684 (+1.1%)
$687,264 + $406,111
$1,093,375
2018
$12,545 (+1.3%)
$673,788 + $398,148
$1,071,936
2017
$12,389 (+6.2%)
$647,624 + $382,688
$1,030,312
2016
$11,670 (+3.7%)
$647,624 + $382,688
$1,030,312
2015
$11,252 (+1.7%)
$634,925 + $375,184
$1,010,109
2014
$11,065 (−0.4%)
$613,138 + $362,309
$975,447
2013
$11,109 (+1.7%)
$613,138 + $362,309
$975,447
2012
$10,928 (+2.1%)
$610,367 + $360,672
$971,039
2011
$10,703 (+1.4%)
$598,399 + $353,600
$951,999
2010
$10,550 (−1.7%)
$586,666 + $346,667
$933,333
2009
$10,732 (+4.4%)
$582,281 + $344,076
$926,357
2008
$10,280
$583,664 + $344,893
$928,557
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RM
FP-O
Multiple Residence – Medium-Density District
To promote the development of multifamily townhouses, condominiums and apartments at a medium residential density of 20.1 to 40 units per acre depending on unit mix; to stabilize and protect the residential characteristics of the district; and to promote 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:
Day care facility
Housing-Group
Housing-Multiple units
Housing-Other
Oct 27, 2025 • Final
Bldg residential
Construct a new detached two-unit accessory dwelling unit.
ADU
New construction
Sep 25, 2025 • Final
Bldg residential
Install a roof-mounted grid-tied photovoltaic system on an accessory dwelling unit.
Electrical
Solar
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.
Property details
Interior
Bathroom Information
# of Full Baths: 4
Heating & Cooling
Heating Type: Wall
Room Information
# of Rooms: 14
Exterior
Property Information
Subdivision Name: BURKLEYS
Living Sq. Ft: 2,589
Building Sq. Ft: 2,589
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,275
Legal Lot Number: 3
Municipality Name: SANTA CRUZ CITY
Acres: 0.167
County Use Description: FOUR-PLEX
Utility Information
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax Area: SANTA CRUZ CITY
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 2,589
Stories: —
Lot Size: 7,275 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1908
Year Renovated: 1975
County: Santa Cruz County
APN: 00740120
Home facts updated by county records on Aug 8, 2026
Around this home
Schools
Gault Elementary School
Public K-5 • Assigned • 0.8mi
5/10
Branciforte Middle School
Public 6-8 • Assigned • 1.1mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 81° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
13 unhealthy days expected this year, 14 days in 30 years
Provided by First Street
Historical weather
Santa Cruz, CA • 95060
Average low and high temperatures (°F)
64
43
65
46
70
48
68
49
73
52
73
54
72
56
79
57
77
57
74
52
66
47
64
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.8 hours in
June and 4.9 hours in December, placing it above the
U.S. average for solar exposure.
10.8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.58M – $1.91M
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