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Downtown Santa Cruz Mixed-Use Building

1114 Pacific Ave, Santa Cruz, CA 95060

For Sale
$7,995,000

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

Property SizeContact for details
Lot Size0.15 Acres
Days on Market348

Property Features for 1114 Pacific Ave

General Information

Standard status Active
Lot size 0.15 Acres
Property subtype Commercial

Site & Location

Neighborhood Downtown

Building Details

Year Built 1993
Stories 1
Listing Agency: Russell E. Gross Real Estate
Listed By: Russell Gross · License CA #00887251
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 23 at 6:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russell E. Gross Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This four-story mixed-use building is located in Downtown Santa Cruz. Constructed in 1993, the property features a ground floor retail/restaurant space leased to a long-term tenant. The upper floors consist of 24 studio units, in addition to a manager's office. The property offers an income stream with potential for increased revenue.

Key Highlights

  • Excellent income stream with upside potential.
  • Four‑story commercial mixed‑use building in Downtown Santa Cruz.
  • Ground floor retail/restaurant space leased to a long‑term tenant.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gularte Building Apartments Apartment Building

Suggested Use

Top Pick Barber Shop Pet Grooming Service HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,970
Businesses Nearby

Demographics for 95060, CA

47,931
Population
20,181
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
94%
High-School Grad
54.5 sq mi
ZIP Area
879
Density / Sq Mi
$106,040
Median Household Income
$46,231
Median Earnings
$2,356
Median Rent
$1,189,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in Santa Cruz County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-story mixed-use building with retail and residential units.
Where is this mixed-use property located?
The property is located at 1114 Pacific Ave Santa Cruz, CA.
What is the asking price?
The asking price for this property is $7,995,000.
What are key features of this property?
This property features: Excellent income stream with upside potential.; Four‑story commercial mixed‑use building in Downtown Santa Cruz.; Ground floor retail/restaurant space leased to a long‑term tenant.
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