Santa Cruz, CA Multifamily Properties for Sale

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Updated: Aug 14

Four-Unit Quadplex with Garages

2030 Kinsley ST, Santa Cruz, CA 95062

$2,495,000

4,612 sqft 0.30 AC lot

4,612‑square‑foot quadplex on 0.298 acres
Three two‑bedroom residences and one three‑bedroom residence
Individual garage for each unit
Updated dual‑pane windows in three units
Newer water heaters and gas ranges in all four units

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Updated: Jul 9

Remodeled Santa Cruz Quadplex

1803 Halterman AVE, Santa Cruz, CA 95062

$2,250,000

4,991 sqft 0.32 AC lot

4,991‑square‑foot quadplex on a 0.318‑acre parcel
All 4 kitchens and bathrooms have been remodeled
RM‑3 zoning with a planner report indicating strong possibility for 2 additional modular units
Parcel surveyed with building envelopes identified
SB 721 work completed for the second‑floor balcony and access

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Four-Unit Multifamily Property

130 Market ST, Santa Cruz, CA 95060

$2,695,000

3,744 sqft 0.29 AC lot

Four separate structures provide updated residences, a duplex, a detached garage, and landscaped outdoor areas.

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Updated Duplex with Attached Garages

2050 Halterman Avenue, Santa Cruz, CA 95062

$1,399,000

1,920 sqft

Two units provide separate laundry, garage parking, and fenced outdoor areas.

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Improved Triplex With Attached Garage

136 Market ST, Santa Cruz, CA 95062

$1,785,000

2,250 sqft 0.22 AC lot

Three-unit property with private patios, off-street parking, and recent building-system upgrades.

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Renovated Triplex

915 Cayuga ST, Santa Cruz, CA 95062

$1,599,000

1,884 sqft 0.17 AC lot

Three-unit property with private outdoor areas, varied parking, and updated finishes across its residential spaces.

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Waterfront Duplex with Ocean Views

22800 E Cliff DR, Santa Cruz, CA 95062

$4,999,000

3,224 sqft 0.19 AC lot

Two attached residences provide six bedrooms, six bathrooms, and direct access to a beachside setting.

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Renovated Triplex with Private Yards

915 Cayuga Street, Santa Cruz, CA 95062

$1,599,000

1,884 sqft

Three-unit property with updated interiors, outdoor areas, and a two-bedroom unit with attached garage and laundry.

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Fully Occupied Quadplex

257 High ST, Santa Cruz, CA 95060

$2,480,000

3,978 sqft 0.13 AC lot

Four residential units offer on-site laundry, separate gas meters, and a combination of carport and off-street parking.

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Bay-View Beachfront Quadplex

1703 E Cliff DR, Santa Cruz, CA 95062

$6,685,000

4,754 sqft 0.16 AC lot

Four-unit residential income property with Monterey Bay views, an attached garage, and tile, carpet, and hardwood flooring.

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Beachfront Duplex with Ocean Views

2621 E Cliff Drive, Santa Cruz, CA 95062

$2,495,000

1,871 sqft

Two refreshed units include private ocean-facing decks, a sheltered backyard, and substantial parking and storage improvements.

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Duplex with Private Garages

300 Columbia ST, Santa Cruz, CA 95060

$3,150,000

3,520 sqft 0.21 AC lot

Two separately configured residences offer flexible occupancy and rental arrangements near Santa Cruz’s coastal recreation and amenities.

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Single-Level Duplex with Garages

280 San Lorenzo BLVD, Santa Cruz, CA 95060

$1,050,000

1,561 sqft 0.13 AC lot

Downtown Santa Cruz property offers two attached garages and fenced back yards.

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Updated Four-Unit Quadplex

130 Market Street, Santa Cruz, CA 95060

$2,695,000

3,744 sqft

Four separate structures offer varied residential layouts, garage space, landscaped outdoor areas, and off-street parking.

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Single-Level Duplex with Garages

280 San Lorenzo Boulevard, Santa Cruz, CA 95060

$1,050,000

1,561 sqft

Two residential units offer private outdoor space, laundry hookups, and convenient access to downtown Santa Cruz and public transit.

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Improved Triplex with Garages

136 Market Street, Santa Cruz, CA 95062

$1,785,000

2,250 sqft

Three two-bedroom apartments offer private patios and attached garages for parking, storage, and flexible space.

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Fourplex with Two-Bedroom Units

257 High Street, Santa Cruz, CA 95060

$2,480,000

3,978 sqft

Professionally managed fourplex with four 2-bedroom, 1-bath units, on-site laundry, and new 2025 water heaters.

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UCSC Rental Investment Opportunity

817 California Street, Santa Cruz, CA 95060

$3,725,000

4,828 sqft

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

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10-Unit Apartment Building

234 High Street, Santa Cruz, CA 95060

$3,200,000

6,338 sqft

Low-rise residential property with studio and one-bedroom units plus on-site parking.

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Mobile Home with Vaulted Ceilings

9-1040 38th Ave, Santa Cruz, CA 95062

$375,000

896 sqft

Light-filled home offers vaulted ceilings, dual pane windows, an oversized kitchen, and an interior laundry area.

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4-Unit Quadplex with Expansion Potential

1803 Halterman Avenue, Santa Cruz, CA 95062

$2,250,000

4,991 sqft

Well-maintained multifamily property with remodeled kitchens and bathrooms, individual electric meters, and completed balcony safety work.

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Four-Unit Quadplex with Garages

2030 Kinsley Street, Santa Cruz, CA 95062

$2,495,000

4,612 sqft

The property combines varied unit layouts with individual garages for every residence.

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Victorian-Style Duplex

338 Ocean Street, Santa Cruz, CA 95060

$2,500,000

2,150 sqft 0.41 AC lot

Upper and lower residences support rental, owner-occupancy, or multigenerational living arrangements.

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Five-Unit Apartment Property

114 Franklin Street, Santa Cruz, CA 95060

$1,999,999

2,685 sqft

Fully occupied property combines a main residence with four detached accessory units.

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Santa Cruz, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Santa Cruz, CA, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 95,463 square feet of properties for sale, with an estimated market value of $98,446,998.

Sale prices for multifamily properties in Santa Cruz, CA start at $375,000, averaging $2,812,771, and reaching up to $10,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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 average listing prices of real estate assets

Neighborhood	Average Price
95065	$1.7M
95060	$2.6M
95062	$3M

Taxes & Financing

Tax Rate (average for all types) 1.17%

Property Tax per SF $17.70 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Cruz County

New Delisted

Total CRE Inventory on Market (SF)

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