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Seven-Unit Apartment Property
For Sale
Contact for pricing
Pending

131 Alhambra Ave, Santa Cruz, CA 95062

Cottage-style multifamily property with separate utility metering, garages, and on-site parking.

Property SizeContact for details
Days on Market146

Property Features for 131 Alhambra Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 7

Building Details

Buildings 5
Listing Agency: Realty One Group Infinity Campbell
Listed By: Dave Gonzalez · License #CA DRE# 01290522
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Aug 30 at 1:53PM

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 Realty One Group Infinity Campbell

Investment Insights

Based on property information with market context.

This apartment property comprises seven cottage-style units distributed among five separate buildings. The unit mix includes one- and two-bedroom residences, each with separate utility meters. Six garages are included, with most currently used for storage, along with on-site parking. Property management is in place, and the units are described as well maintained.

The property is located approximately one-half block from Seabright State Beach and a short distance from the Santa Cruz Beach Boardwalk and Santa Cruz Yacht Club. Most tenants have been long term, and almost all occupancies are on month-to-month terms.

Key Highlights

  • Seven cottage‑style units across five separate buildings
  • Mix of one‑bedroom and two‑bedroom units
  • Separate utility meters for all units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Daycare Center Pharmacy Auto Parts Store (Bike/Boat/Book/etc) 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.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

674
Businesses Nearby

Demographics for 95062, CA

36,268
Population
17,055
Households
2.1
Avg Household Size
43
Median Age
51%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
7,111
Density / Sq Mi
$108,261
Median Household Income
$54,059
Median Earnings
$2,291
Median Rent
$1,064,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Cottage-style multifamily property with separate utility metering, garages, and on-site parking.
Where is this apartment building located?
The property is located at 131 Alhambra Ave Santa Cruz, CA.
What are key features of this property?
This property features: Seven cottage‑style units across five separate buildings; Mix of one‑bedroom and two‑bedroom units; Separate utility meters for all units
More about this property
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