Four-Unit Quadplex with
For Sale
$2,399,000
2030 Kinsley Street, Santa Cruz, CA 95062
ResidentialIncome, SantaCruz, CA
Property Size4,612 SF
Lot Size0.30 Acres
Price / SF$520.16
Days on Market69
Property Features for 2030 Kinsley Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-4
Parking
4
Parking features
Guest, Garage
Appliances
CooktopGas, Dishwasher, OvenRange, Refrigerator
Elementary school
LiveOakElementary
Middle school
ShorelineMiddle
High school
SantaCruzCityHigh
Elementary school district
LiveOakElementary
High school district
SantaCruzCityHigh
Subdivision
LiveOak
Standard status
Active
APN
029-182-22-000
Size
4,612 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Annual Amount
18324
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1962
Number of units
4
Flooring type
Laminate, Linoleum, Carpet
Roof type
Composition
Listing Agency:
eXp Realty of California Inc
8885849427x119
Listed By:
Strock Team · License #70010201
(831) 688-9800
Added: Aug 14
Changed: Oct 21
Last Checked: Oct 21 at 10:06AM
MLS# ML82057797
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
The 4,612-square-foot quadplex contains four residences on a 0.298-acre lot. The unit mix includes three two-bedroom homes and one three-bedroom home, with a separate garage for each residence. Three units have updated dual-pane windows; all four are equipped with newer water heaters and gas ranges. The property was built in 1962 and is zoned RM-4.
Shopping, schools, Simpkins Family Swim Center, neighborhood parks, athletic fields, Twin Lakes State Beach, and the Santa Cruz Harbor are nearby. Public water and public sewer serve the property.
Shopping, schools, Simpkins Family Swim Center, neighborhood parks, athletic fields, Twin Lakes State Beach, and the Santa Cruz Harbor are nearby. Public water and public sewer serve the property.
Key Highlights
- Four units: three two‑bedroom residences and one three‑bedroom residence
- 4,612 square feet on a 0.298‑acre lot
- A separate garage is provided for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,584
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,571,680
$2.6M
Cap Rate 7%
$1,836,914
$1.8M
Cap Rate 9%
$1,428,711
$1.4M
Market Conditions
NOI Build-Up for 4,612 SF
Gross rent
$188.2K $40.80/SF
− Vacancy
−$4.5K −$0.97/SF
EGI
$183.7K $39.83/SF
− OpEx
−$55.1K −$11.95/SF
NOI
$128.6K $27.88/SF
Area
Santa Cruz County, CA
Vacancy
2.38%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,571,680
Cap Rate 7%
$1,836,914
Cap Rate 9%
$1,428,711
Alternative Uses
Best Use
Multifamily LT 5
$1.84M
$1.61M – $2.14M
NOI $128,584 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$1.70M
$1.48M – $1.98M
NOI $118,713 @ 7.0% cap · market cap 4.95%
Theoretical Best
Retail
$2.64M
$2.31M – $3.08M
NOI $184,600 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - A varied bedroom mix, individual garages, and select updates distinguish this residential income property.
Where is this quadplex located?
The property is located at 2030 Kinsley Street Santa Cruz, CA.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Four units: three two‑bedroom residences and one three‑bedroom residence; 4,612 square feet on a 0.298‑acre lot; A separate garage is provided for each residence
