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Apartment Building with Updated Units
For Sale
$4,245,000

26512661 Fresno Street, Santa Cruz, CA 95062

Updated apartment homes with private fenced yards, separate utility metering, and two on-site laundry rooms.

Property SizeContact for details
Days on Market34

Property Features for 26512661 Fresno Street

General Information

Standard status Active
Total Parking Spaces 18
Property subtype Commercial
Occupancy 100%

Additional Details

Multifamily Units 8

Amenities

private fenced-in yards
common area with fire pit
laundry rooms

Building Details

Year Built 1970
Listing Agency: Pertria
Listed By: Helen Pastorino
Source: Sevengables
Added: Jul 3 Changed: Jul 29 Last Checked: Aug 5 at 5:09AM

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 Pertria

Investment Insights

Based on property information with market context.

This apartment building includes updated kitchens and baths across eight fully leased residential units. Residents also have private fenced-in yards, and the property features two laundry rooms with app-operated payment. The building has separate gas and electrical meters, supporting tenant-level utility separation, and offers common area amenities with chairs and a fire pit.

The property is located at 2651-2661 Fresno Street in Santa Cruz, about 0.3 miles from the beach. There are also ongoing physical improvements including fresh exterior paint and new landscaping. Parking needs are supported by eight carports and 10 onsite parking spaces.

Originally built in 1970, the site is positioned for current income and future planning. A feasibility study discussed redevelopment into a 3-story townhome concept, including a 13-unit townhouse approach that references State Density Bonus Laws while pursuing entitlements.

Key Highlights

  • Updated kitchens and baths across eight fully leased residential units
  • Private fenced‑in yards for residents
  • Separate gas and electrical meters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Barber Shop Florist Grocery & Convenience Store Pet Store & Service

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

65
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 - Updated apartment homes with private fenced yards, separate utility metering, and two on-site laundry rooms.
Where is this apartment building located?
The property is located at 26512661 Fresno Street Santa Cruz, CA.
What is the asking price?
The asking price for this property is $4,245,000.
What are key features of this property?
This property features: Updated kitchens and baths across eight fully leased residential units; Private fenced‑in yards for residents; Separate gas and electrical meters
More about this property
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