UCSC Rental Investment Opportunity

817 California St, Santa Cruz, CA 95060

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For Sale

$3,975,000

Four 4-bed/2-bath units near UCSC with strong income.

Type:Investment

Property size:

4,828 SF

Price / SF:

$823/SF

HighLights

High Net Operating Income (NOI) of $191K/year.
Total Operating Income of nearly $275K/year.
Four 4‑Bed/2‑Bath units totaling 16 bedrooms and 8 bathrooms.
Located directly on the UCSC bus line with quick access to campus and Downtown Santa Cruz.
Established rental history with very low vacancy rate.
On‑site laundry and off‑street parking.

We can help!

Listing Contact

Sam Bird-Robinson

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For Sale

$3,975,000

Four 4-bed/2-bath units near UCSC with strong income.

Type:Investment

Property size:

4,828 SF

Price / SF:

$823/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 8:22 pm

Property Features for 817 California St

General Information

Standard status: Active
Size: 4,828 SF
Property subtype: Investment

Building Details

Year Built: 1973

We can help!

Listing Contact

Sam Bird-Robinson

Listing agent Sam Bird-Robinson License #01901727

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Sam Bird-Robinson

HighLights

High Net Operating Income (NOI) of $191K/year.
Total Operating Income of nearly $275K/year.
Four 4‑Bed/2‑Bath units totaling 16 bedrooms and 8 bathrooms.
Located directly on the UCSC bus line with quick access to campus and Downtown Santa Cruz.
Established rental history with very low vacancy rate.
On‑site laundry and off‑street parking.

Overview

This professionally managed rental property near UCSC presents an investment opportunity. The property includes four units, each featuring 4 bedrooms and 2 bathrooms within 1,207 square feet. The total building area is 4,828 square feet, comprising 16 bedrooms and 8 bathrooms. The property benefits from an established rental history and a low vacancy rate. The total operating income is nearly $275,000 per year, with a net operating income (NOI) of $191,000 per year. On-site laundry, off-street parking, and four separate water and gas meters are included. The location provides access to campus and Downtown Santa Cruz via the UCSC bus line corridor. The bike score is 94, indicating it is a biker's paradise. The walk score is 83, indicating it is very walkable, and the transit score is 35, indicating some transit options are available. All units are 4 bed / 2 bath.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Santa Cruz
County: Santa Cruz
State: California
Longitude: -122.0349668
Latitude: 36.9713794

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For sale
Quadplexes
CA
Santa Cruz
95060
817 California St

What type of property is this?

Quadplex - Four 4-bed/2-bath units near UCSC with strong income.

Where is this quadplex located?

The property is located at 817 California St Santa Cruz, CA.

What is the asking price?

The asking price for this property is $3,975,000.

What are key features of this property?

This property features: High Net Operating Income (NOI) of $191K/year.; Total Operating Income of nearly $275K/year.; Four 4‑Bed/2‑Bath units totaling 16 bedrooms and 8 bathrooms.