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Santa Cruz Multi-Unit Property

631 Riverside Ave, Santa Cruz, CA 95060

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For Sale

$1,349,000

Multi-unit property near downtown Santa Cruz with flexible spaces.

Type:Investment

HighLights

Multi‑unit property with a 3 bed/1.5 bath main home and a 1 bed/1 bath lower unit, offering income potential.
Prime location minutes from downtown Santa Cruz and beaches.
Remodeled kitchen with granite countertops and updated appliances in the main home.
Potential for ADU conversion of the garage (buyer to investigate) for added value.
Energy‑efficient features including owned solar, double‑pane windows, and EV charging station.
High bike score (94) indicating excellent biking accessibility.

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Listing Contact

Kaicie McMurray

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For Sale

$1,349,000

Multi-unit property near downtown Santa Cruz with flexible spaces.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 8:23 pm

Property Features for 631 Riverside Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1948

We can help!

Listing Contact

Kaicie McMurray

Listing agent Kaicie McMurray License #01827412

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 Kaicie McMurray

HighLights

Multi‑unit property with a 3 bed/1.5 bath main home and a 1 bed/1 bath lower unit, offering income potential.
Prime location minutes from downtown Santa Cruz and beaches.
Remodeled kitchen with granite countertops and updated appliances in the main home.
Potential for ADU conversion of the garage (buyer to investigate) for added value.
Energy‑efficient features including owned solar, double‑pane windows, and EV charging station.
High bike score (94) indicating excellent biking accessibility.

Overview

This versatile investment property features a 3-bedroom, 1.5-bathroom main home and a 1-bedroom, 1-bathroom lower unit. The main home has been updated with a remodeled kitchen featuring granite countertops and updated appliances. It also includes radiant floor heating and engineered hardwood flooring in the main living areas. The lower unit has a private entrance, kitchen, and living area. A detached bonus room is located off the garage. The garage offers potential for future ADU conversion, creating an additional opportunity for value-add and increased income (buyer to investigate). Energy-efficient features include double-pane windows, solar light tunnels, owned solar, and an EV charging station. The property is located minutes from downtown Santa Cruz, beaches, and transit. 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 is available.

Location Intelligence

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Multifamily properties

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Local Demand

City: Santa Cruz
County: Santa Cruz
State: California
Longitude: -122.0210084
Latitude: 36.9699591

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For sale
Multifamily properties
CA
Santa Cruz
95060
631 Riverside Ave

What type of property is this?

Multifamily property - Multi-unit property near downtown Santa Cruz with flexible spaces.

Where is this multifamily property located?

The property is located at 631 Riverside Ave Santa Cruz, CA.

What is the asking price?

The asking price for this property is $1,349,000.

What are key features of this property?

This property features: Multi‑unit property with a 3 bed/1.5 bath main home and a 1 bed/1 bath lower unit, offering income potential.; Prime location minutes from downtown Santa Cruz and beaches.; Remodeled kitchen with granite countertops and updated appliances in the main home.