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    Santa Cruz, CA Apartment Buildings for Sale

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    10-Unit Apartment Building
    Updated: Mar 12
    10-Unit Apartment Building

    234 High Street, Santa Cruz, CA 95060

    $3,200,000
    6,338 sqft
    10‑unit apartment property at 234 High St, Santa Cruz, CA 95060
    Unit mix includes studio and one‑bedroom apartments
    Low‑rise building with on‑site parking
    Westside Santa Cruz location near Downtown Santa Cruz and the Pacific Avenue retail corridor
    Nearby destinations include Trader Joe’s, Safeway, Grocery Outlet, and Natural Bridges State Beach
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    Five-Unit Apartment Property
    Updated: Jan 15
    Five-Unit Apartment Property

    114 Franklin Street, Santa Cruz, CA 95060

    $1,999,999
    2,685 sqft
    Five‑unit property with all units currently occupied
    2,685 square feet; built in 1980
    Unit mix includes a 2‑bedroom main home and two detached studios
    Two detached 2‑bedroom/1‑bath ADUs, including a Jr. ADU among the detached units
    Reported cap rate above 7%
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    Downtown Santa Cruz Mixed-Use Building
    Downtown Santa Cruz Mixed-Use Building

    1114 Pacific Ave, Santa Cruz, CA 95060

    $7,995,000
    0.15 AC lot

    Four-story mixed-use building with retail and residential units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    16-Unit Townhome Apartment Building
    16-Unit Townhome Apartment Building

    2220 Chanticleer Ave, Santa Cruz, CA 95062

    $10,800,000

    Two-story residences feature private yards, in-unit laundry, central air conditioning, and on-site parking.

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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    121 Sylvar St, Santa Cruz, CA 95060

    Contact for pricing

    Well-maintained multifamily property with a balanced mix of one- and two-bedroom residences.

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    Mixed-Use Shopping Center with Apartments
    Mixed-Use Shopping Center with Apartments

    1135 17th Ave, Santa Cruz, CA 95062

    Contact for pricing

    New mixed-use center features 13 apartments above seven ground-floor retail spaces.

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    Seven-Unit Apartment Property
    Seven-Unit Apartment Property

    131 Alhambra Ave, Santa Cruz, CA 95062

    Contact for pricing

    Cottage-style multifamily property with separate utility metering, garages, and on-site parking.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Santa Cruz, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    7 Roache Road, Freedom, CA 95019

    $1,600,000
    2,928 sqft 0.37 AC lot

    Multifamily property with varied residential layouts and onsite parking.

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    Updated Multi-Unit Apartment Building
    Updated Multi-Unit Apartment Building

    406 E 5th Street, Watsonville, CA 95076

    $1,495,000
    4,350 sqft

    Well-maintained eight-unit apartment building on one parcel in Watsonville with separate gas and electric meters.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    5 Roache Road, Freedom, CA 95019

    Contact for pricing
    2,928 sqft 0.37 AC lot

    Multifamily property with varied residential layouts and RM-2 zoning in Freedom.

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    Remodeled Apartment Complex
    Remodeled Apartment Complex

    290 Pennsylvania Drive, Watsonville, CA 95076

    $2,950,000

    Fully remodeled complex offers 8 one-bedroom and 2 two-bedroom units with onsite laundry and covered parking.

    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
    $3,460,000
    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
    $415,000
    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
    $6,100,000
    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
    $365,000
    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
    $1,280,000
    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

    $1,995,000
    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

    $2,365,000
    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

    $400,000
    Estimated value
    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

    Santa Cruz, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Santa Cruz, CA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 9,023 square feet of properties for sale, with an estimated market value of $23,994,999.

    Sale prices for two-family homes in Santa Cruz, CA start at $1,999,999, averaging $5,998,749, and reaching up to $10,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    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
    95060 $3.9M
    95062 $7.5M

    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)

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    Most Searched ZIP Codes in Santa Cruz, CA

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    • 95062

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