Property profile

2990 Soquel Ave Santa Cruz, CA 95062

OFF-MARKET
Assisted living facilities
Property ID
US09-1177309
29,737 SF 1.36 ac lot Built 1967
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1967
Construction WOOD
Total area 29,737 SF
Lot 1.36 ac (59,459 SF)
Zoning code PA
APN 026-042-02
UPID US09-1177309

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home
  • Medical Clinic
  • Rehabilitation Center

Location

2990 Soquel Ave Santa Cruz, CA 95062-1412
Santa Cruz metro Census 121401 SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.60M

Owner & transaction history

since 2020
Last sale
$12.8M
7 recorded transactions
2025
Price N/A
2020
Price N/A
2020
$12.8M
2019
Price N/A
2018
Price N/A
2008
Price N/A
1999
Price N/A

Zoning & alternative use

PA · Santa Cruz, CA
Zoning description

2. Design regulations within any of the Mission Street Urban Design Overlay District Professional Administrative (PA) sub-district. a. Signs Standards. (1) Pole signs are not allowed in the PA sub-district. 3. Design gui…

General category COMMERCIAL
Top alternative use upside
Restaurant $8.6M +91.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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