Duplex with Private Garages and
300 Columbia Street Santa Cruz, CA 95060
For Sale
$3,150,000
Two-unit duplex featuring private two-car garages and a yard with jetted hot tub for the upper unit.
Property Size3,520 SF
Price / SF$894.89
Days on Market132
Property Features for 300 Columbia Street
General Information
Standard status
Active
Size
3,520 SF
Property subtype
Multi-family
Building Details
Year Built
1979
Listing Agency:
Bailey Properties
Listed By:
Tommy Ligon
(714) 497-3550
Source:
Sevengables
Added: Mar 21
Changed: Jul 10
Last Checked: Jul 29 at 12:06AM
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 Bailey Properties
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units with flexible living and rental configuration. The upper unit is a 3-bedroom, 2-bath layout and includes a private yard with a jetted hot tub. The lower unit is a 2-bedroom, 2-bath arrangement with a bonus room that can function as a third bedroom.
The property is located on Santa Cruz’s Lower Westside, approximately one block from the ocean and near West Cliff Drive. It is described as steps from Lighthouse Field State Beach and close to Steamer Lane Supply restaurant, with easy access to the Santa Cruz downtown area, the Santa Cruz Wharf, and the Santa Cruz Beach Boardwalk.
Each unit includes its own private 2-car garage, a practical amenity for tenants seeking secure parking near the coast. The unit mix and the bonus room in the lower home support a variety of tenant needs, whether renting both units or occupying one while leasing the other. Please note that any short-term rental use would require buyer verification.
The property is located on Santa Cruz’s Lower Westside, approximately one block from the ocean and near West Cliff Drive. It is described as steps from Lighthouse Field State Beach and close to Steamer Lane Supply restaurant, with easy access to the Santa Cruz downtown area, the Santa Cruz Wharf, and the Santa Cruz Beach Boardwalk.
Each unit includes its own private 2-car garage, a practical amenity for tenants seeking secure parking near the coast. The unit mix and the bonus room in the lower home support a variety of tenant needs, whether renting both units or occupying one while leasing the other. Please note that any short-term rental use would require buyer verification.
Key Highlights
- 1979‑built two‑unit duplex on Santa Cruz’s Lower Westside, one block from the ocean and West Cliff Drive
- Upper unit: 3BD/2BA plus bonus room functioning as a third bedroom; includes a private yard with jetted hot tub
- Lower unit: 2BD/2BA plus bonus room that can function as a third bedroom for added rental flexibility
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.6k | $40.80 |
| − Vacancy | −$3.4k | −$0.97 |
| EGI | $140.2k | $39.83 |
| − OpEx | −$42.1k | −$11.95 |
| NOI | $98.1k | $27.88 |
3,520 SF · lease $40.80/SF/yr · vacancy 2.38% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.23M – $1.64M
NOI $98,139 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,605 @ 7.0% cap · market cap 2.88%
Theoretical Best
Retail
$2.01M
$1.76M – $2.35M
NOI $140,892 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex featuring private two-car garages and a yard with jetted hot tub for the upper unit.
Where is this duplex located?
The property is located at 300 Columbia Street Santa Cruz, CA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 1979‑built two‑unit duplex on Santa Cruz’s Lower Westside, one block from the ocean and West Cliff Drive; Upper unit: 3BD/2BA plus bonus room functioning as a third bedroom; includes a private yard with jetted hot tub; Lower unit: 2BD/2BA plus bonus room that can function as a third bedroom for added rental flexibility
