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    Santa Cruz, CA Multifamily Properties for Sale

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    Live Oak, CA Soquel, CA Capitola, CA
    15 results
    Five-Unit Residential Income Property
    $3,800,000
    4,530 SF

    Five-Unit Residential Income Property

    420 Capitola Road EXT, Santa Cruz, CA 95062

    Turnkey five-unit income property with covered parking and shared laundry across three structures in RM-4.

    • Five residential units across three structures plus a vacant rear portion of the parcel for potential future development
    • Unit mix includes a 3BR/2BA single‑family home with an attached studio and additional detached and duplex homes
    • Detached 1BR/1BA home plus a duplex with a 2BR/1BA unit and a 2BR/1.5BA unit
    • RM‑4 zoning and Urban Medium Residential designation reported for the parcel (buyer to verify zoning and development potential)
    • Covered and off‑street parking, plus a shared laundry area
    Updated: Jun 1
    View details
    Remodeled Quadplex with Expansion Potential
    $2,250,000
    4,991 SF

    Remodeled Quadplex with Expansion Potential

    1803 Halterman AVE, Santa Cruz, CA 95062

    Well-maintained 4-plex with remodeled interiors and approvals support for two additional modular units.

    • 4‑plex with strong possibility to be a 6‑plex, with building envelopes identified and the parcel surveyed
    • Remodeled kitchens and bathrooms: all 4 kitchens and all 4 bathrooms have been remodeled
    • SB 721 work completed for the 2nd floor balcony area and access
    • Pest inspection clearance on the property
    • Year built 1966; composition roof and electric (heating) / wall furnace heating
    Updated: Apr 23
    View details
    Turnkey Duplex with Updated Units
    $1,450,000
    1,920 SF

    Turnkey Duplex with Updated Units

    A two-unit duplex with 2 bed/1.5 bath layouts, new windows, and a freshly updated front unit in a walkable coastal area.

    125 Mountain View AVE, Santa Cruz, CA 95062
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    Duplex with Two-Car Garages
    $3,150,000
    3,520 SF

    Duplex with Two-Car Garages

    Two separate units—a 3/2 and a 2/2 plus bonus room—each with a private two-car garage.

    300 Columbia ST, Santa Cruz, CA 95060
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    Triplex with 1BD/1BA Units
    $1,549,000
    1,776 SF

    Triplex with 1BD/1BA Units

    Three updated one-bedroom, one-bath units with fenced front yards, shared laundry, and a carport with storage.

    314 Windham ST, Santa Cruz, CA 95062
    View details
    Cottage-Style Duplex with Ocean Views
    $1,350,000
    900 SF

    Cottage-Style Duplex with Ocean Views

    Cottage duplex with updated interiors, fenced patios, and ocean views from the front unit, plus street parking.

    216 Cypress AVE, Santa Cruz, CA 95062
    View details
    Front Row Quadplex Apartment Building
    $6,999,000
    4,754 SF

    Front Row Quadplex Apartment Building

    Four-unit apartment building overlooking Seabright State Beach with expansive Monterey Bay views.

    1703 E Cliff DR, Santa Cruz, CA 95062
    View details
    UCSC Rental Investment Opportunity
    $3,975,000
    4,828 SF

    UCSC Rental Investment Opportunity

    Four 4-bed/2-bath units near UCSC with strong income.

    817 California St, Santa Cruz, CA 95060
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    Santa Cruz Midtown Apartment Building
    $3,500,000
    0.44 Acres

    Santa Cruz Midtown Apartment Building

    Nine-unit apartment property in Midtown Santa Cruz with strong rental income.

    704 Broadway, Santa Cruz, CA 95062
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    Santa Cruz Triplex Investment Opportunity
    $1,895,000

    Santa Cruz Triplex Investment Opportunity

    Well-maintained triplex near downtown Santa Cruz with strong rental history.

    136 Market St, Santa Cruz, CA 95062
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    Santa Cruz Multi-Unit Property
    $1,349,000

    Santa Cruz Multi-Unit Property

    Multi-unit property near downtown Santa Cruz with flexible spaces.

    631 Riverside Ave, Santa Cruz, CA 95060
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    Bright Home in 55+ Park
    $75,000

    Bright Home in 55+ Park

    Two-bedroom home in a vibrant 55+ community near the beach.

    2395 Delaware Ave 149, Santa Cruz, CA 95060
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    Remodeled Mixed-Use Property Near Coastline
    $4,400,000
    4,731 SF

    Remodeled Mixed-Use Property Near Coastline

    Completely remodeled mixed-use property with retail and residential units.

    851 41st Ave, Santa Cruz, CA 95062
    View details
    Fourplex Steps from the Beach
    $1,945,000

    Fourplex Steps from the Beach

    This fourplex in Santa Cruz offers income potential with a beach-close location just steps away.

    708 Riverside Ave, Santa Cruz, CA 95060
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    Santa Cruz Multifamily Investment Opportunity
    $3,650,000
    0.44 Acres

    Santa Cruz Multifamily Investment Opportunity

    Nine-unit apartment property near Downtown Santa Cruz and the beach.

    704 Broadway, Santa Cruz, CA 95062
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 15 Active listings in Santa Cruz, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fourplex with Semi-Private Yards
    $2,495,000
    3,806 SF

    Fourplex with Semi-Private Yards

    Well-maintained four-unit property with two-bedroom layouts, separate entry access, and semi-private enclosed yards.

    5058 Wilder DR, Soquel, CA 95073
    View details
    Mixed-Use Duplex-Style Residence
    $999,000
    880 SF

    Mixed-Use Duplex-Style Residence

    Zoned mixed use and formerly a duplex, featuring three recorded bedrooms, two baths, and two off-street parking spaces.

    431 Capitola AVE, Capitola, CA 95010
    View details
    Updated Residential Income Duplex
    $1,498,000
    960 SF

    Updated Residential Income Duplex

    Updated two-bedroom unit with French doors and deck, plus a rented studio unit within a walkable Capitola setting.

    429 Capitola AVE, Capitola, CA 95010
    View details
    Soquel Fourplex in Ideal Location
    $2,650,000

    Soquel Fourplex in Ideal Location

    Well-maintained fourplex near Capitola Village with long-term tenants.

    5058 Wilder Dr, Soquel, CA 95073
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ready-to-Build Land in Boulder Creek
    $395,000
    4.32 Acres

    Ready-to-Build Land in Boulder Creek

    Private 4+ acre property with approved plans and utilities.

    830 Kings HWY, Boulder Creek, CA 95006
    View details
    Clearlake Land/Lot Opportunity
    Contact for pricing
    5,663.00 Acres

    Clearlake Land/Lot Opportunity

    Three adjoining lots near Pomo school, ideal for manufactured home.

    3519 Covelo Street, Clearlake, CA 95422
    View details
    Lakeport Multi-Unit Waterfront Property
    $940,000
    1,900 SF

    Lakeport Multi-Unit Waterfront Property

    Waterfront multi-unit property with income potential in Lakeport, California.

    2776 Lakeshore, Lakeport, CA 95453
    View details
    Santa Margarita Land for Sale
    Contact for pricing
    108,900.00 Acres

    Santa Margarita Land for Sale

    2.5 acre lot suitable for residential or agricultural use.

    0 Atolia Road, Santa Margarita, CA 93453
    View details

    Off-Market Properties in Santa Cruz, CA

    Consider similar Off-Market properties in Santa Cruz, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    214 Branciforte Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    5,285 SF Lot: 0.23 Acres
    Value Estimation by Request
    Unit 1

    214 Branciforte Ave, Santa Cruz, CA 95062-3353

    View details
    2303 Portola Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    945 SF Lot: 0.43 Acres
    Estimated value
    $585,000
    Unit 1

    2303 Portola Dr, Santa Cruz, CA 95062-4275

    View details
    120 Trinity St
    APARTMENT HOUSE (5+ UNITS)
    1,560 SF Lot: 0.27 Acres
    Value Estimation by Request

    120 Trinity St, Santa Cruz, CA 95060-5090

    View details
    317 Walnut Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)
    6,374 SF Lot: 0.36 Acres
    Estimated value
    $1,445,000
    Unit A

    317 Walnut Ave, Santa Cruz, CA 95060-3651

    View details
    140 Vernon St, Unit 18
    APARTMENT HOUSE (5+ UNITS)
    9,399 SF Lot: 0.54 Acres
    Estimated value
    $6,045,000
    Unit 18

    140 Vernon St, Santa Cruz, CA 95060-2149

    View details
    610 Pacific Ave, Unit 7
    APARTMENT HOUSE (5+ UNITS)
    3,752 SF Lot: 0.11 Acres
    Estimated value
    $880,000
    Unit 7

    610 Pacific Ave, Santa Cruz, CA 95060-4447

    View details
    21615 Clf Dr, Unit 4
    APARTMENT HOUSE (5+ UNITS)
    1,624 SF Lot: 0.14 Acres
    Estimated value
    $1,275,000
    Unit 4

    21615 Clf Dr, Santa Cruz, CA 95062-4951

    View details
    142 Morrissey Blvd
    APARTMENT HOUSE (5+ UNITS)
    3,858 SF Lot: 0.33 Acres
    Estimated value
    $1,980,000

    142 Morrissey Blvd, Santa Cruz, CA 95062-1541

    View details
    816 Riverside Ave
    APARTMENT HOUSE (5+ UNITS)
    4,070 SF Lot: 0.19 Acres
    Estimated value
    $2,345,000

    816 Riverside Ave, Santa Cruz, CA 95060-4522

    View details

    Santa Cruz, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Santa Cruz, CA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 27,354 square feet of properties for sale, with an estimated market value of $24,574,000.

    Sale prices for multifamily properties in Santa Cruz, CA start at $2,250,000, averaging $4,095,666, and reaching up to $6,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 7
    Quadplexes 4
    Duplexes 3
    Mobile home & RV parks 2
    Triplexes 2

    Demographics Overview

    Population 115K
    Population Growth (5Y) -3.0%
    Median Household Income $115,918
    College Educated 51.9%

    High-Yield Neighborhoods for Investment

    Identify Santa Cruz submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    95060 $1.8M
    95062 $3.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.17%
    Property Tax per SF $17.70 per sq ft
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

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