OFF MARKET

Off Market Nov 2024 for $2.3M

—

Est. refi paymentEst. refi $4,504/mo

•

4,070

sq ft

816 Riverside Ave, Santa Cruz, CA 95060

About this home

You'll be proud to own this incredible Santa Cruz investment property. Long time owner will consider financing w 30 %+ down payment at UNDER MARKET 5% interest rate. Very well built/maintained 5 plex, close to vibrant downtown, UCSC-convienent for students, beaches on quiet one way street surrounded by period Victorians. Units are town home style with private fenced yards and patios, separate wtr heaters and more. Ample off-street parking-2/unit. Current rents are competitive but should allow income growth and upside potential for next owner. Income represents 2022 reported from property manager-showing property potential. Current annualized 2024 rent roll $176,400. Expenses from 2023 P/L from PM.

Multi-familyProperty Type

1976Year Built

8,146 sq ftLot Size

$571Price/Sq.Ft.

5 spacesParking

Listed by Andy Kay •DRE #00922383 • eXp Realty of California Inc

Contact: 831-239-9002

Bought with Kelly Hopkins •DRE #01375763 • Welcome Home Management

Redfin checked: 2 minutes ago

•Source:MLSListings #ML81972858

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 95060, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.3%

1.0% MoM

Median sale price

$1.4M

$45K MoM

Avg. days on market

17d

2 days MoM

Recently sold homes

3 MoM

New listings for sale

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Provided by Redfin

Sale history for 816 Riverside Ave

Date

Event

Price

Public Records

Nov 27, 2024

Sold

$1,162,500

$286/sq ft

MLSListings #ML81972858

Nov 27, 2024

Sold

$2,325,000

$571/sq ft

Sep 24, 2024

Contingent

—

Sep 15, 2024

Price Changed

$2,450,000

$602/sq ft

Jul 11, 2024

Listed

$2,585,000

$635/sq ft

APPFOLIO #4

May 4, 2024

Rental Removed

$2,800

$1/sq ft

Apr 30, 2024

Listed for Rent

$2,800

$1/sq ft

APPFOLIO #3

May 9, 2024

Rental Removed

$2,800

$1/sq ft

May 5, 2024

Listed for Rent

$2,800

$1/sq ft

Apr 26, 2024

Rental Removed

$2,650

$1/sq ft

Apr 10, 2024

Listed for Rent

$2,650

$1/sq ft

APPFOLIO #2

Mar 24, 2024

Rental Removed

$2,650

$1/sq ft

Mar 13, 2024

Price Changed

$2,650

$1/sq ft

Feb 2, 2024

Price Changed

$2,800

$1/sq ft

Jan 12, 2024

Listed for Rent

$2,950

$1/sq ft

APPFOLIO #1

Apr 10, 2024

Rental Removed

$2,650

$1/sq ft

Mar 24, 2024

Listed for Rent

$2,650

$1/sq ft

Jan 12, 2024

Rental Removed

$2,950

$1/sq ft

Jan 12, 2024

Listed for Rent

$2,950

$1/sq ft

Public Records

Aug 28, 1998

Sold

$550,000

$135/sq ft

MLSListings #ML89826301

Sep 4, 1998

Listing Removed

—

Jul 24, 1998

Sold

$550,000

$135/sq ft

Jun 18, 1998

Listed

$560,000

$138/sq ft

Public Records

Feb 24, 1994

Sold

$380,000

$93/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,801 (+7.1%)

$391,933 + $470,319

$862,252

2024

$10,081 (+1.2%)

$384,248 + $461,098

$845,346

2023

$9,964 (+1.1%)

$384,248 + $461,098

$845,346

2022

$9,857 (+2.0%)

$376,713 + $452,056

$828,769

2021

$9,661 (+0.8%)

$369,327 + $443,193

$812,520

2020

$9,589 (+2.1%)

$362,085 + $434,503

$796,588

2019

$9,389 (+1.1%)

$358,372 + $430,047

$788,419

2018

$9,287 (+1.2%)

$351,346 + $421,615

$772,961

2017

$9,174 (+5.6%)

$337,703 + $405,244

$742,947

2016

$8,690 (+4.7%)

$337,703 + $405,244

$742,947

2015

$8,299 (+1.7%)

$331,081 + $397,298

$728,379

2014

$8,163 (−0.4%)

$319,720 + $383,664

$703,384

2013

$8,194 (+1.7%)

$319,720 + $383,664

$703,384

2012

$8,054 (+2.1%)

$318,275 + $381,930

$700,205

2011

$7,892 (+1.4%)

$312,034 + $374,441

$686,475

2010

$7,782 (−1.4%)

$305,916 + $367,099

$673,015

2009

$7,895 (+4.7%)

$303,630 + $364,355

$667,985

2008

$7,542

$304,351 + $365,221

$669,572

Tax history for 816 Riverside Ave

Year

Property tax

Land + Additions

Assessment*

2025

$10,801 (+7.1%)

$391,933 + $470,319

$862,252

2024

$10,081 (+1.2%)

$384,248 + $461,098

$845,346

2023

$9,964 (+1.1%)

$384,248 + $461,098

$845,346

2022

$9,857 (+2.0%)

$376,713 + $452,056

$828,769

2021

$9,661 (+0.8%)

$369,327 + $443,193

$812,520

2020

$9,589 (+2.1%)

$362,085 + $434,503

$796,588

2019

$9,389 (+1.1%)

$358,372 + $430,047

$788,419

2018

$9,287 (+1.2%)

$351,346 + $421,615

$772,961

2017

$9,174 (+5.6%)

$337,703 + $405,244

$742,947

2016

$8,690 (+4.7%)

$337,703 + $405,244

$742,947

2015

$8,299 (+1.7%)

$331,081 + $397,298

$728,379

2014

$8,163 (−0.4%)

$319,720 + $383,664

$703,384

2013

$8,194 (+1.7%)

$319,720 + $383,664

$703,384

2012

$8,054 (+2.1%)

$318,275 + $381,930

$700,205

2011

$7,892 (+1.4%)

$312,034 + $374,441

$686,475

2010

$7,782 (−1.4%)

$305,916 + $367,099

$673,015

2009

$7,895 (+4.7%)

$303,630 + $364,355

$667,985

2008

$7,542

$304,351 + $365,221

$669,572

*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

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

8,146 Sq. Ft.

Year renovated

1976

Sq. Ft.

4,070

Year built

1976

Style

Multi-Family (5+ Unit)

County

Santa Cruz County

APN

00530140

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 2026.

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

Property details

Parking

Parking Information
Carport (Minimum): 5
Parking Description: Carport, Covered Parking, Off-Street Parking
Parking Spaces: 5

Interior

Room Information
Laundry Room, Storage
Kitchen Description: Exhaust Fan, Oven Range (Electric), Refrigerator(s)

Interior Features
Laundry: Coin-Operated
Flooring: Carpet, Vinyl/Linoleum

Heating & Cooling Information
Heating: Electric

Multi-Unit Information
# of Units in Complex (Minimum): 5
Annual Rental Income: $205,940
Annual Gross Income: $207,140
Gross Rent Multiplier: 11.83
Gross Scheduled Income: $207,140
Other Income: $1,200
Other Expenses: $4,859
Total Expenses: $83,216

Unit Type 1 Information
# of Bedrooms: 2
# of Units (Total): 5
# of Baths (Full): 1
Approx Sq. Ft.: 770
Rent: $2,650

Exterior

Exterior Features
Roof: Composition
Yard/Grounds: Backyard, Low Maintenance

Building Information
# of Buildings: 2
Style: Traditional
Subclass: 5+ Units
Concrete Perimeter and Slab

Property Features
Living Sq. Ft.: 4,070
Special Features: Parking

Property Information
Property Primary ID: 425838
Tenant Expenses: Utilities (Electric), Utilities (Gas)

Land Information
Landscape Expense: $1,875

Lot Information
Lot Acres: 0.187
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Other (See Remarks)
Zoning: RM

Financial

Tax/Assessment Information
Annual Tax Amount: $30,625

Utilities

Utility Information
Meters: Primary Water, Separate Electric, Separate Gas
Sewer Septic: Sewer (Public)
Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
Utility Expenses: $10,918

Water Information
Water: Public

Location

School Information
Elementary School District: Santa Cruz City Elementary
High School District: Santa Cruz City High

Location Information
Enter off Broadway not Soquel - One way street

Public facts

Beds: 5
Baths: —
Sq. Ft.: 4,070
Stories: —
Lot Size: 8,146 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1976
Year Renovated: 1976
County: Santa Cruz County
APN: 00530140

Home facts updated by county records on Jul 10, 2026

Around this home

Schools

Gault Elementary School

Public K-5 • Assigned • 0.8mi

5/10

Branciforte Middle School

Public 6-8 • Assigned • 1.0mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 11-17% 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)

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

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Home values near 816 Riverside Ave

Data from public records.

Address	Redfin Estimate
809 Riverside Avenue, Santa Cruz, CA 7 Beds \| 4 Baths \| 3640 Sq. Ft.	$1,777,368
823 Riverside Avenue, Santa Cruz, CA 5 Beds \| 2 Baths \| 2472 Sq. Ft.	$1,541,910

Address	Redfin Estimate
821 Riverside Avenue, Santa Cruz, CA 11 Beds \| 5 Baths \| 3857 Sq. Ft.	$1,715,903
804 Riverside Avenue, Santa Cruz, CA 9 Beds \| 4 Baths \| - Sq. Ft.	$1,426,405

Address	Redfin Estimate
813 Riverside Avenue, Santa Cruz, CA 5 Beds \| 3.5 Baths \| 2615 Sq. Ft.	$1,388,407
810 Riverside Avenue, Santa Cruz, CA 2 Beds \| 1.5 Baths \| 1068 Sq. Ft.	$778,834

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 95060, CA

Sale history for 816 Riverside Ave

Tax history for 816 Riverside Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 95060

Home values near 816 Riverside Ave

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