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Property profile

1703 East Cliff Dr Santa Cruz, CA 95062

FOR SALE
Other apartment buildings
Property ID
US09-2941474
4,754 SF 0.16 ac lot Built 1935
Last sale Sep 2023 · $2,669,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This four-unit apartment building is situated in Lower Seabright directly overlooking Seabright State Beach (Castle Beach), between the Yacht Harbor and the Beach Boardwalk. The property is oriented to provide wide sightlines across Monterey Bay. As a quadplex configuration, it consists of four separate residential units under a single ownership structure. The location supports walkable and bike-friendly access to the surrounding waterfront area, with WalkScore reported as 83 and BikeScore reported as 94.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$1.14M
Assessed land$673k
Assessed improvement$471k
Effective rate1.15%

Value estimate

· Oct 2026
$1.28M
$1.15M – $1.40M
NOI build-up
Gross scheduled income$194k
Vacancy & credit loss−$5k
Operating expenses−$57k
NOI · 1.98% cap applied$133k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$758/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$188 – $1,122

Cap rate analysis

How does the asset earn?
1.98%
$133k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSANTA CRUZ

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.1
HVAC Service11.6
Building Supply11.1

Location

1703 East Cliff Dr Santa Cruz, CA 95062
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
214 Branciforte, Santa Cruz, CA 95062-3353 $3,195,000 Feb 2026 5,285 SF
815 Corcoran, Santa Cruz, CA 95062-4248 $1,990,000 Jan 2024 4,904 SF
23727 Clf, Santa Cruz, CA 95062-5503 $1,800,000 Nov 2022 4,318 SF
635 Stagg, Santa Cruz, CA 95062-2744 $209,645 Sep 2022 4,960 SF
2220 Chanticleer, Santa Cruz, CA 95062-1801 $653,500 Feb 2022 4,464 SF
1137 Clf, Santa Cruz, CA 95062-3765 $1,125,000 Nov 2021 3,879 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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