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    Santa Cruz, CA Apartment Buildings for Sale

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    Live Oak, CA Soquel, CA Capitola, CA
    Five-Unit Residential Income Property
    $3,800,000
    4,530 SF

    Five-Unit Residential Income Property

    420 Capitola Road EXT, Santa Cruz, CA 95062

    Turnkey five-unit income property with covered parking and shared laundry across three structures in RM-4.

    • Five residential units across three structures plus a vacant rear portion of the parcel for potential future development
    • Unit mix includes a 3BR/2BA single‑family home with an attached studio and additional detached and duplex homes
    • Detached 1BR/1BA home plus a duplex with a 2BR/1BA unit and a 2BR/1.5BA unit
    • RM‑4 zoning and Urban Medium Residential designation reported for the parcel (buyer to verify zoning and development potential)
    • Covered and off‑street parking, plus a shared laundry area
    Updated: Jun 1
    View details
    Santa Cruz Midtown Apartment Building
    $3,500,000
    0.44 Acres

    Santa Cruz Midtown Apartment Building

    704 Broadway, Santa Cruz, CA 95062

    Nine-unit apartment property in Midtown Santa Cruz with strong rental income.

    • Prime Midtown Santa Cruz location: Close to Downtown, the beach, and major commuter routes.
    • Strong Parking: Includes 9 open spaces and 8 private garages, a rare amenity.
    • Turn‑key Asset: Extensively maintained and upgraded with new roofs, updated plumbing/electrical, renovated laundry, and fresh paint.
    • High Renovation Rate: Seven of the nine units are fully renovated, ensuring strong tenant demand.
    • Rare Single‑Story Layout: All units are single‑story, highly desirable to tenants and uncommon in the area.
    Updated: Apr 3
    View details
    Remodeled Mixed-Use Property Near Coastline
    $4,400,000
    4,731 SF

    Remodeled Mixed-Use Property Near Coastline

    Completely remodeled mixed-use property with retail and residential units.

    851 41st Ave, Santa Cruz, CA 95062
    View details
    Santa Cruz Multifamily Investment Opportunity
    $3,650,000
    0.44 Acres

    Santa Cruz Multifamily Investment Opportunity

    Nine-unit apartment property near Downtown Santa Cruz and the beach.

    704 Broadway, Santa Cruz, CA 95062
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Santa Cruz, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Renovated Apartments in Downtown Campbell
    $4,300,000

    Renovated Apartments in Downtown Campbell

    Turn-key, renovated nine-unit apartment complex near Downtown Campbell.

    430 Dunster Dr, Campbell, CA 95008
    View details
    Renovated Apartment Community in Campbell
    $4,300,000
    6,204 SF

    Renovated Apartment Community in Campbell

    Recently renovated nine-unit apartment community near Downtown Campbell.

    430 Dunster Drive, Campbell, CA 95008
    View details
    Mixed-Use Development Opportunity
    $3,250,000
    110,000 SF

    Mixed-Use Development Opportunity

    Mixed-use development with residential and commercial potential.

    18060 Monterey Road, Morgan Hill, CA 95037
    View details
    Mixed-Use Development Opportunity
    $3,250,000
    110,000 SF

    Mixed-Use Development Opportunity

    Mixed-use development with residential and commercial potential.

    18060 Monterey Road, Morgan Hill, CA 95037
    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
    $2,250,000
    89,438.00 Acres

    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384
    View details
    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres

    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534
    View details
    Land in Picfair Village
    $1,495,000
    0.16 Acres

    Land in Picfair Village

    Vacant land approved for 20-unit multifamily project in prime location.

    1562 S Fairfax Ave, Los Angeles, CA 90019
    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
    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)
    5,285 SF Lot: 0.23 Acres
    Value Estimation by Request
    Unit 1

    214 Branciforte Ave, Santa Cruz, CA 95062-3353

    View details
    2303 Portola Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    945 SF Lot: 0.43 Acres
    Estimated value
    $585,000
    Unit 1

    2303 Portola Dr, Santa Cruz, CA 95062-4275

    View details
    120 Trinity St
    APARTMENT HOUSE (5+ UNITS)
    1,560 SF Lot: 0.27 Acres
    Value Estimation by Request

    120 Trinity St, Santa Cruz, CA 95060-5090

    View details
    317 Walnut Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)
    6,374 SF Lot: 0.36 Acres
    Estimated value
    $1,445,000
    Unit A

    317 Walnut Ave, Santa Cruz, CA 95060-3651

    View details
    140 Vernon St, Unit 18
    APARTMENT HOUSE (5+ UNITS)
    9,399 SF Lot: 0.54 Acres
    Estimated value
    $6,045,000
    Unit 18

    140 Vernon St, Santa Cruz, CA 95060-2149

    View details
    610 Pacific Ave, Unit 7
    APARTMENT HOUSE (5+ UNITS)
    3,752 SF Lot: 0.11 Acres
    Estimated value
    $880,000
    Unit 7

    610 Pacific Ave, Santa Cruz, CA 95060-4447

    View details
    21615 Clf Dr, Unit 4
    APARTMENT HOUSE (5+ UNITS)
    1,624 SF Lot: 0.14 Acres
    Estimated value
    $1,275,000
    Unit 4

    21615 Clf Dr, Santa Cruz, CA 95062-4951

    View details
    142 Morrissey Blvd
    APARTMENT HOUSE (5+ UNITS)
    3,858 SF Lot: 0.33 Acres
    Estimated value
    $1,980,000

    142 Morrissey Blvd, Santa Cruz, CA 95062-1541

    View details
    816 Riverside Ave
    APARTMENT HOUSE (5+ UNITS)
    4,070 SF Lot: 0.19 Acres
    Estimated value
    $2,345,000

    816 Riverside Ave, Santa Cruz, CA 95060-4522

    View details
    122 Rincon St, Unit H
    APARTMENT HOUSE (5+ UNITS)
    2,272 SF Lot: 0.64 Acres
    Estimated value
    $695,000
    Unit H

    122 Rincon St, Santa Cruz, CA 95060-3620

    View details
    1890 17th Ave, Unit 7
    APARTMENT HOUSE (5+ UNITS)
    5,172 SF Lot: 0.64 Acres
    Estimated value
    $990,000
    Unit 7

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

    View details
    505 Leibrandt Ave
    APARTMENT HOUSE (5+ UNITS)
    3,342 SF Lot: 0.17 Acres
    Value Estimation by Request

    505 Leibrandt Ave, Santa Cruz, CA 95060-5044

    View details
    160 Park Pl
    APARTMENT HOUSE (5+ UNITS)
    5,681 SF Lot: 0.11 Acres
    Estimated value
    $1,555,000

    160 Park Pl, Santa Cruz, CA 95060-5545

    View details
    123 Pearl St, Unit 3
    APARTMENT HOUSE (5+ UNITS)
    5,152 SF Lot: 0.20 Acres
    Estimated value
    $2,455,000
    Unit 3

    123 Pearl St, Santa Cruz, CA 95060-5150

    View details
    210 Elm St, Unit C
    APARTMENT HOUSE (5+ UNITS)
    2,178 SF Lot: 0.12 Acres
    Estimated value
    $3,240,000
    Unit C

    210 Elm St, Santa Cruz, CA 95060-4366

    View details
    214 Elm St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    2,181 SF Lot: 0.12 Acres
    Estimated value
    $3,240,000
    Unit 1

    214 Elm St, Santa Cruz, CA 95060-4353

    View details
    1380 30th Ave
    APARTMENT HOUSE (5+ UNITS)
    73,132 SF Lot: 4.64 Acres
    Estimated value
    $45,000,000

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

    View details
    371 7th Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)
    2,124 SF Lot: 0.11 Acres
    Estimated value
    $2,315,000
    Unit A

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

    View details
    1112 Msn St, Unit A
    APARTMENT HOUSE (5+ UNITS)
    4,992 SF Lot: 0.98 Acres
    Estimated value
    $4,400,000
    Unit A

    1112 Msn St, Santa Cruz, CA 95060-3501

    View details
    3232 Msn Dr
    APARTMENT HOUSE (5+ UNITS)
    984 SF Lot: 0.47 Acres
    Value Estimation by Request

    3232 Msn Dr, Santa Cruz, CA 95065-1826

    View details

    Santa Cruz, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Santa Cruz, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,261 square feet of properties for sale, with an estimated market value of $8,200,000.

    Sale prices for two-family homes in Santa Cruz, CA start at $3,800,000, averaging $4,100,000, and reaching up to $4,400,000 — 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 median listing prices of real estate assets

    Neighborhood Average Price
    95062 $3.9M

    Taxes & Financing

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

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