Coastal Duplex with Private
New
For Sale
Under Contract
$3,050,000
300 Columbia ST, Santa Cruz, CA 95060
Residential Income (2-4 units), SANTA CRUZ, CA
Property Size3,520 SF
Lot Size0.21 Acres
Price / SF$866.48
Days on Market2
Property Features for 300 Columbia ST
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Res
Bedrooms
5
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 5
Parking features
Garage - Attached, Off Street, Assigned, Covered
Interior features
High Ceiling, Vaulted Ceiling
Appliances
Countertop - Ceramic, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range, Pantry Cabinet, Refrigerator
Subdivision
West Santa Cruz
Standard status
Active Under Contract
Size
3,520 SF
Lot size
0.21 Acres
Utilities
Heating system
Electric (Heating)
Water source
Public
Amenities
jetted hot tub
private yard
Building Details
Year built
1979
Number of units
2
Flooring type
Laminate
Roof type
Composition, Shingle
Listing Agency:
Bailey Properties
(831) 426-4100
Listed By:
Tommy Ligon · License #01449570
(831) 331-7828
Added: Oct 17
Last Checked: Oct 18 at 8:06AM
MLS# ML82043847
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1979, this 3,520-square-foot duplex occupies a 0.207-acre parcel. The upper residence has three bedrooms and two bathrooms, while the lower has two bedrooms, two bathrooms, and a bonus room that can function as a third bedroom. Each unit has a private two-car garage. The upper unit also includes a yard with a jetted hot tub. Interior features include high and vaulted ceilings, laminate flooring, and electric heating.
The property is one block from the ocean and West Cliff Drive, with Lighthouse Field State Beach and Steamer Lane Supply nearby. Downtown Santa Cruz, the Santa Cruz Wharf, and the Santa Cruz Beach Boardwalk are also identified as accessible destinations. Coastal and mountain biking trails connect from the front of the property.
The property is one block from the ocean and West Cliff Drive, with Lighthouse Field State Beach and Steamer Lane Supply nearby. Downtown Santa Cruz, the Santa Cruz Wharf, and the Santa Cruz Beach Boardwalk are also identified as accessible destinations. Coastal and mountain biking trails connect from the front of the property.
Key Highlights
- 3,520‑square‑foot duplex on a 0.207‑acre parcel
- Upper unit: 3 bedrooms and 2 bathrooms
- Lower unit: 2 bedrooms, 2 bathrooms, and a bonus room that functions as a third bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,139
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,962,780
$2.0M
Cap Rate 7%
$1,401,986
$1.4M
Cap Rate 9%
$1,090,433
$1.1M
Market Conditions
NOI Build-Up for 3,520 SF
Gross rent
$143.6K $40.80/SF
− Vacancy
−$3.4K −$0.97/SF
EGI
$140.2K $39.83/SF
− OpEx
−$42.1K −$11.95/SF
NOI
$98.1K $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%
$1,962,780
Cap Rate 7%
$1,401,986
Cap Rate 9%
$1,090,433
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.23M – $1.64M
NOI $98,139 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,605 @ 7.0% cap · market cap 2.97%
Theoretical Best
Retail
$2.01M
$1.76M – $2.35M
NOI $140,892 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 95060, CA
47,931
Population
20,181
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
94%
High-School Grad
54.5 sq mi
ZIP Area
879
Density / Sq Mi
$106,040
Median Household Income
$46,231
Median Earnings
$2,356
Median Rent
$1,189,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer garage parking and distinct indoor and outdoor features.
Where is this duplex located?
The property is located at 300 Columbia ST Santa Cruz, CA.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: 3,520‑square‑foot duplex on a 0.207‑acre parcel; Upper unit: 3 bedrooms and 2 bathrooms; Lower unit: 2 bedrooms, 2 bathrooms, and a bonus room that functions as a third bedroom
