13350 Big Basin Way, Boulder Creek, CA 95006-9237
This exceptional 3,070 square foot multifamily property in Boulder Creek, California, presents a unique investment opportunity. Built in 1964, this building, previously used as a medical office, sits on a 0.221-acre lot (9,627 square feet) and includes a convenient two-car garage and ample parking. Zoned C-2, the Santa Cruz County has indicated a potential for conversion to 80% residential and 20% commercial use, offering flexibility for a variety of live-work scenarios. The spacious interior allows for customization to create the ideal layout for residential or mixed-use purposes. Located in downtown Boulder Creek, the property enjoys a serene setting amidst redwood trees, offering both the charm of a small town and easy access to amenities. The asking price is $697,000. Potential buyers are responsible for verifying all use options with Santa Cruz County. High-quality 3D and aerial videos are available for a comprehensive property overview. This property offers a rare chance to create a thriving business and/or comfortable living space in a desirable location. The property's size and zoning provide significant potential for future development and income generation. Don't miss this chance to own a versatile and well-located property in the heart of Boulder Creek.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Boulder Creek, CABoulder Creek. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.