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    Santa Cruz, CA Multifamily Properties for Sale

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    Remodeled Quadplex with Expansion Potential
    Updated: Jun 24
    Remodeled Quadplex with Expansion Potential

    1803 Halterman AVE, Santa Cruz, CA 95062

    $2,250,000
    4,991 sqft 0.32 AC lot
    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
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    This listing looks promising.

    Here's a quick look at some key insights for

    1803 Halterman AVE, SANTA CRUZ, CA 95062

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $139K
      Annual

    • Price @ 7% Cap

      $1.99M
      Suggested
    View Property Analytics
    Duplex-Style Residential Income Property
    Updated: Jul 13
    Duplex-Style Residential Income Property

    334 Pennsylvania AVE, Santa Cruz, CA 95062

    $1,799,000
    2,826 sqft 0.20 AC lot
    8,756 sq ft lot with two separate homes (County records list as a duplex) with individual addresses and private outdoor space
    Six bedrooms total and 3.5 bathrooms across the two residences
    Front home features 2 bedrooms, 1 updated bathroom, and a kitchen with quartz counters plus its own large backyard
    Main residence offers 3 bedrooms and 2.5 bathrooms with dining room, inside laundry, fresh interior paint, and brand‑new carpeting
    Oversized deck off the primary suite in the main residence
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    Five-Unit Income Property with Parking
    Five-Unit Income Property with Parking

    420 Capitola Road EXT, Santa Cruz, CA 95062

    $3,800,000
    4,530 sqft 0.94 AC lot

    Turnkey five-unit residential property across three structures with covered parking and shared laundry space.

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    Two-Home Duplex-Style Residence
    Two-Home Duplex-Style Residence

    334 Pennsylvania Avenue, Santa Cruz, CA 95062

    $1,799,000
    2,826 sqft 0.20 AC lot

    Two separate residences on one lot provide flexible living or renting with private outdoor space for each home.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Two-Bedroom Triplex with Garages
    Two-Bedroom Triplex with Garages

    136 Market ST, Santa Cruz, CA 95062

    $1,785,000
    2,250 sqft 0.22 AC lot

    Well-maintained Santa Cruz triplex with two-bedroom units, private patios, and attached two-car garages for off-street parking.

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    Duplex with Two-Car Garages
    Duplex with Two-Car Garages

    300 Columbia ST, Santa Cruz, CA 95060

    $3,150,000
    3,520 sqft 0.21 AC lot

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

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    Turn-Key Duplex with Private Entrances
    Turn-Key Duplex with Private Entrances

    505 - 507 Hanover ST, Santa Cruz, CA 95062

    $1,599,800
    1,840 sqft 0.20 AC lot

    Two updated 2-bedroom homes on one lot, each with its own address and private access.

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    Triplex with Attached Two-Car Garage
    Triplex with Attached Two-Car Garage

    136 Market Street, Santa Cruz, CA 95062

    $1,785,000
    2,250 sqft

    Well-maintained triplex with two-bedroom units, private outdoor patios, and attached two-car garages, plus multiple recent system updates.

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    Cottage-Style Duplex with Ocean Views
    Cottage-Style Duplex with Ocean Views

    216 Cypress AVE, Santa Cruz, CA 95062

    $1,350,000
    900 sqft 0.04 AC lot

    Cottage-style duplex offers an ocean view from a fenced front porch and includes updated interiors.

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    Front Row Quadplex Apartment Building
    Front Row Quadplex Apartment Building

    1703 E Cliff DR, Santa Cruz, CA 95062

    $6,999,000
    4,754 sqft 0.16 AC lot

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

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    Cottage-Style Duplex with Ocean View
    Cottage-Style Duplex with Ocean View

    216 Cypress Avenue, Santa Cruz, CA 95062

    $1,350,000
    900 sqft

    Fenced front porch offers ocean views; updated kitchens and baths across both units in a Seabright-area beach neighborhood.

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    Multifamily Income Property with Parking
    Multifamily Income Property with Parking

    420 Capitola Road Extension, Santa Cruz, CA 95062

    $3,800,000
    4,530 sqft

    Five-unit residential property with covered parking and a vacant rear portion for potential redevelopment in RM-4 zoning.

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    UCSC Rental Investment Opportunity
    UCSC Rental Investment Opportunity

    817 California St, Santa Cruz, CA 95060

    $3,975,000
    4,828 sqft

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

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    Fourplex with Expansion Potential
    Fourplex with Expansion Potential

    1803 Halterman Avenue, Santa Cruz, CA 95062

    $2,250,000
    4,991 sqft

    Well-maintained fourplex featuring remodeled kitchens and bathrooms, with surveyed envelopes for possible additional units.

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    Duplex with Private Garages and Yard
    Duplex with Private Garages and Yard

    300 Columbia Street, Santa Cruz, CA 95060

    $3,150,000
    3,520 sqft

    Two-unit duplex featuring private two-car garages and a yard with jetted hot tub for the upper unit.

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    Oceanfront Quadplex with Beach Views
    Oceanfront Quadplex with Beach Views

    1703 East Cliff Dr, Santa Cruz, CA 95062

    $6,999,000

    Four-unit apartment building with direct front-row views of Seabright State Beach and Monterey Bay.

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    Downtown Mixed-Use Building with Retail
    Downtown Mixed-Use Building with Retail

    1114 Pacific AVE, Santa Cruz, CA 95060

    $7,995,000

    Four-story mixed-use property with ground-floor retail/restaurant and studio units above in downtown Santa Cruz.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Santa Cruz, CA, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

    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)

    214 Branciforte Ave, Santa Cruz, CA 95062-3353

    Unit 1
    Value Estimation by Request
    5,285 sqft 0.23 AC lot
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    2303 Portola Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    2303 Portola Dr, Santa Cruz, CA 95062-4275

    Unit 1
    $585,000
    Estimated value
    945 sqft 0.43 AC lot
    View details
    120 Trinity St
    APARTMENT HOUSE (5+ UNITS)

    120 Trinity St, Santa Cruz, CA 95060-5090

    Value Estimation by Request
    1,560 sqft 0.27 AC lot
    View details
    317 Walnut Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)

    317 Walnut Ave, Santa Cruz, CA 95060-3651

    Unit A
    $1,445,000
    Estimated value
    6,374 sqft 0.36 AC lot
    View details
    140 Vernon St, Unit 18
    APARTMENT HOUSE (5+ UNITS)

    140 Vernon St, Santa Cruz, CA 95060-2149

    Unit 18
    $6,045,000
    Estimated value
    9,399 sqft 0.54 AC lot
    View details
    610 Pacific Ave, Unit 7
    APARTMENT HOUSE (5+ UNITS)

    610 Pacific Ave, Santa Cruz, CA 95060-4447

    Unit 7
    $880,000
    Estimated value
    3,752 sqft 0.11 AC lot
    View details
    21615 Clf Dr, Unit 4
    APARTMENT HOUSE (5+ UNITS)

    21615 Clf Dr, Santa Cruz, CA 95062-4951

    Unit 4
    $1,275,000
    Estimated value
    1,624 sqft 0.14 AC lot
    View details

    Santa Cruz, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Santa Cruz, CA, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 49,456 square feet of properties for sale, with an estimated market value of $41,041,000.

    Sale prices for multifamily properties in Santa Cruz, CA start at $1,350,000, averaging $2,736,066, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 8
    Apartment buildings 5
    Quadplexes 5
    Short term rental properties 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 average listing prices of real estate assets

    Neighborhood Average Price
    95062 $3.1M
    95060 $3.1M

    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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