Advertise
    Santa Cruz, CA
    Apartment Building

    Santa Cruz, CA Apartment Buildings for Sale

    Notify Me
    List
    Map
    Live Oak, CA Capitola, CA Soquel, CA Scotts Valley, CA Felton, CA Aptos, CA Bonny Doon, CA Ben Lomond, CA
    Five-Unit Income Property with Parking
    Updated: Jun 1
    Five-Unit Income Property with Parking

    420 Capitola Road EXT, Santa Cruz, CA 95062

    $3,800,000
    4,530 sqft 0.94 AC lot
    Five residential units across three structures, including a 3BR/2BA single‑family home with attached studio (420A).
    Detached 1BR/1BA home (422) plus a duplex with two units: 2BR/1BA (422A) and 2BR/1.5BA (424) sharing one wall.
    Off‑street parking with covered parking plus a shared laundry area for residents.
    Built in 1950 with forced air heating and a composition roof.
    Parcel primarily designated Urban Medium Residential and zoned RM‑4, with a vacant rear portion for potential future development (buyer to verify).
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    420 Capitola Road EXT, SANTA CRUZ, CA 95062

    View Property Analytics

    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $126K
      Annual

    • Price @ 7% Cap

      $1.8M
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1934
    View Property Analytics
    Multifamily Income Property with Parking
    Updated: Mar 21
    Multifamily Income Property with Parking

    420 Capitola Road Extension, Santa Cruz, CA 95062

    $3,800,000
    4,530 sqft
    Five residential units across three structures, plus a vacant rear portion of the parcel with potential for future development
    Unit mix includes: 3BR/2BA single‑family (420 Capitola Rd Ext) with attached studio (420A), detached 1BR/1BA home (422), and duplex (422A & 424)
    Duplex units are 2BR/1BA (422A) and 2BR/1.5BA (424), sharing one wall
    Covered parking, a shared laundry area, and several accessory structures
    RM‑4 zoning and Urban Medium Residential designation on the parcel, supporting multi‑family housing use potential (buyer to verify with agencies)
    View details
    Downtown Mixed-Use Building with Retail
    Downtown Mixed-Use Building with Retail

    1114 Pacific AVE, Santa Cruz, CA 95060

    $7,995,000

    Four-story mixed-use property with ground-floor retail/restaurant and studio units above in downtown Santa Cruz.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Santa Cruz, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Oceanfront Multifamily Residence
    Oceanfront Multifamily Residence

    100 Oakland, Capitola, CA 95010

    $6,495,000
    3,100 sqft 0.14 AC lot

    Remodeled main residence with four additional updated units, including a detached triplex with ocean views.

    View details
    Residential Income Estate With Commercial Space
    Residential Income Estate With Commercial Space

    5601 Freedom BLVD, Aptos, CA 95003

    $5,999,999
    31.00 AC lot

    Mixed-use income property with multiple rental units, a commercial/art studio building, and existing houses on a large acreage site.

    View details
    5-Unit Cape Cod Apartment Building
    5-Unit Cape Cod Apartment Building

    208 Terrace Way, Capitola, CA 95010

    $2,749,000
    3,155 sqft

    Five-unit Cape Cod building with renovated interiors and ocean views in a walkable Capitola Village setting.

    View details
    Fully Leased Nine-Unit Apartment Building
    Fully Leased Nine-Unit Apartment Building

    2643 Mar Vista Drive, Aptos, CA 95003

    $3,765,000

    Nine fully leased residences include eight two-bedroom units and one studio, generating strong in-place monthly rental income.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details
    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details

    Off-Market Properties in Santa Cruz, CA

    Consider similar Off-Market properties in Santa Cruz, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    214 Branciforte Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    214 Branciforte Ave, Santa Cruz, CA 95062-3353

    Unit 1
    Value Estimation by Request
    5,285 sqft 0.23 AC lot
    View details
    2303 Portola Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    2303 Portola Dr, Santa Cruz, CA 95062-4275

    Unit 1
    $585,000
    Estimated value
    945 sqft 0.43 AC lot
    View details
    120 Trinity St
    APARTMENT HOUSE (5+ UNITS)

    120 Trinity St, Santa Cruz, CA 95060-5090

    Value Estimation by Request
    1,560 sqft 0.27 AC lot
    View details
    317 Walnut Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)

    317 Walnut Ave, Santa Cruz, CA 95060-3651

    Unit A
    $1,445,000
    Estimated value
    6,374 sqft 0.36 AC lot
    View details
    140 Vernon St, Unit 18
    APARTMENT HOUSE (5+ UNITS)

    140 Vernon St, Santa Cruz, CA 95060-2149

    Unit 18
    $6,045,000
    Estimated value
    9,399 sqft 0.54 AC lot
    View details
    610 Pacific Ave, Unit 7
    APARTMENT HOUSE (5+ UNITS)

    610 Pacific Ave, Santa Cruz, CA 95060-4447

    Unit 7
    $880,000
    Estimated value
    3,752 sqft 0.11 AC lot
    View details
    21615 Clf Dr, Unit 4
    APARTMENT HOUSE (5+ UNITS)

    21615 Clf Dr, Santa Cruz, CA 95062-4951

    Unit 4
    $1,275,000
    Estimated value
    1,624 sqft 0.14 AC lot
    View details
    142 Morrissey Blvd
    APARTMENT HOUSE (5+ UNITS)

    142 Morrissey Blvd, Santa Cruz, CA 95062-1541

    $1,980,000
    Estimated value
    3,858 sqft 0.33 AC lot
    View details
    816 Riverside Ave
    APARTMENT HOUSE (5+ UNITS)

    816 Riverside Ave, Santa Cruz, CA 95060-4522

    $2,345,000
    Estimated value
    4,070 sqft 0.19 AC lot
    View details
    122 Rincon St, Unit H
    APARTMENT HOUSE (5+ UNITS)

    122 Rincon St, Santa Cruz, CA 95060-3620

    Unit H
    $695,000
    Estimated value
    2,272 sqft 0.64 AC lot
    View details
    1890 17th Ave, Unit 7
    APARTMENT HOUSE (5+ UNITS)

    1890 17th Ave, Santa Cruz, CA 95062-1888

    Unit 7
    $990,000
    Estimated value
    5,172 sqft 0.64 AC lot
    View details
    505 Leibrandt Ave
    APARTMENT HOUSE (5+ UNITS)

    505 Leibrandt Ave, Santa Cruz, CA 95060-5044

    Value Estimation by Request
    3,342 sqft 0.17 AC lot
    View details
    160 Park Pl
    APARTMENT HOUSE (5+ UNITS)

    160 Park Pl, Santa Cruz, CA 95060-5545

    $1,555,000
    Estimated value
    5,681 sqft 0.11 AC lot
    View details
    123 Pearl St, Unit 3
    APARTMENT HOUSE (5+ UNITS)

    123 Pearl St, Santa Cruz, CA 95060-5150

    Unit 3
    $2,455,000
    Estimated value
    5,152 sqft 0.20 AC lot
    View details
    210 Elm St, Unit C
    APARTMENT HOUSE (5+ UNITS)

    210 Elm St, Santa Cruz, CA 95060-4366

    Unit C
    $3,240,000
    Estimated value
    2,178 sqft 0.12 AC lot
    View details
    214 Elm St, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    214 Elm St, Santa Cruz, CA 95060-4353

    Unit 1
    $3,240,000
    Estimated value
    2,181 sqft 0.12 AC lot
    View details
    1380 30th Ave
    APARTMENT HOUSE (5+ UNITS)

    1380 30th Ave, Santa Cruz, CA 95062-3568

    $45,000,000
    Estimated value
    73,132 sqft 4.64 AC lot
    View details
    371 7th Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)

    371 7th Ave, Santa Cruz, CA 95062-4652

    Unit A
    $2,315,000
    Estimated value
    2,124 sqft 0.11 AC lot
    View details
    1112 Msn St, Unit A
    APARTMENT HOUSE (5+ UNITS)

    1112 Msn St, Santa Cruz, CA 95060-3501

    Unit A
    $4,400,000
    Estimated value
    4,992 sqft 0.98 AC lot
    View details
    3232 Msn Dr
    APARTMENT HOUSE (5+ UNITS)

    3232 Msn Dr, Santa Cruz, CA 95065-1826

    Value Estimation by Request
    984 sqft 0.47 AC lot
    View details
    137 Clay St
    APARTMENT HOUSE (5+ UNITS)

    137 Clay St, Santa Cruz, CA 95060-7200

    $1,725,000
    Estimated value
    1,280 sqft 0.19 AC lot
    View details

    Santa Cruz, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Santa Cruz, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,060 square feet of properties for sale, with an estimated market value of $7,600,000.

    Sale prices for two-family homes in Santa Cruz, CA start at $3,800,000, averaging $3,800,000, and reaching up to $3,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 115K
    Population Growth (5Y) -3.0%
    Median Household Income $115,918
    College Educated 51.9%

    High-Yield Neighborhoods for Investment

    Identify Santa Cruz submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    95062 $3.8M
    95060 $8M

    Taxes & Financing

    Tax Rate (average for all types) 1.17%
    Property Tax per SF $17.70 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Cruz County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Apartment buildings for Sale Near Santa Cruz, CA

    Popular Searches in Santa Cruz, CA

    Popular Categories

    Most Searched ZIP Codes in Santa Cruz, CA

    • 95062
    • 95060

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!