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    509 Leibrandt Ave Santa Cruz, CA 95060

    For Sale
    $1,587,000

    Fourplex - SANTA CRUZ, CA

    Property size:
    2,964 SF
    Lot size:
    0.09 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 509 Leibrandt Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family Residential
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    Parking
    1
    Interior features
    Other, None
    Size
    2,964 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1965
    Number of units
    4
    Roof type
    Other
    Architectural style
    Other

    Christie's International Real Estate Sereno (408) 335-1400 [email protected]

    Listing agent Amy Kroeger (831) 460-1100 License #02161640

    Listing date Dec 2, 2025

    MLS# ML82024779 Listing URL

    Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Beach Hill Fourplex Investment Opportunity

    This fourplex is a multi-family investment opportunity located in the Beach Hill neighborhood. The property features upside rent potential and a scheduled rent increase for January 2026. Unit #1 is intentionally vacant, allowing buyers to tour it without tenant coordination. The other three units are fully rented, providing income. Three units have 2 bedrooms and 1 bathroom each, while one unit has 1 bedroom and 1 bathroom. The property includes a parking area and a small storage area for each unit, as well as coin-operated laundry. The property size is 2964 square feet and the lot size is 0.086 acres. The zoning is Multi-Family Residential. The location provides walking distance to downtown Santa Cruz, The Boardwalk, and the wharf, with access to beaches in Santa Cruz County. It also offers access to commute routes and UCSC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Cruz
    County
    Santa Cruz
    State
    California
    Longitude
    -122.0201967
    Latitude
    36.9670139

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in prime location with income and value-add potential.
    Where is this quadplex located?
    The property is located at 509 Leibrandt Ave Santa Cruz, CA.
    What is the asking price?
    The asking price for this property is $1,587,000.
    What are key features of this property?
    This property features: - Prime Beach Hill location, walking distance to downtown Santa Cruz, Boardwalk, and beaches.; - Multi-family investment opportunity with upside rent potential and a scheduled rent increase in Jan 2026.; - One vacant unit allows for easy viewing without tenant coordination.
    (831) 460-1100
    Request Owner's contact information
    509 Leibrandt Ave Santa Cruz, CA 95060
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    Santa Cruz, CA 95060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 Leibrandt Ave Santa Cruz, CA 95060
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