About this home
Rare UCSC-area investment opportunity in one of Santa Cruz's strongest rental markets. Ideally located steps from the UCSC bus line, this professionally managed, fully occupied fourplex is well suited for UCSC students, faculty, and staff. Residents enjoy easy access to campus, Downtown Santa Cruz, West Cliff Drive, and the Santa Cruz Beach Boardwalk, all just 1.5 miles from the ocean. The property features 4 spacious 2-bedroom, 1-bath units, each approximately 950 square feet, totaling 8 bedrooms and 4 bathrooms across approximately 3,800 square feet. Floor plans may offer potential for conversion to 3-bedroom configurations for increased income. Comparable 3-bedroom rentals near UCSC may command approximately $4,500-$5,500 per month. Buyer to verify feasibility. Amenities include on-site laundry, separate gas meters, 2 carports, 4 additional off-street parking spaces, and abundant street parking. New water heaters were installed in 2025. The property offers strong rental history, stable cash flow, and generates approximately $186,000 in annual gross income. Potential DSCR financing available.
- Property type
- Fourplex
- Lot size
- 5,619 sq ft
- Status
- Active
Upcoming open houses
Sunday, October 11 at 2:30 PM – 4:30 PM PT
Listed by Anson Ip, Compass. Source: MLSL. MLS #ML82051773.
Updated 10/9/2026, 9:50:29 AM PT.
MLSListings Inc. reserves the right to change details in this publication without notice. Although every precaution has been taken in the preparation of this document, MLSListings assumes no responsibility for errors or omissions. The publication and features described in this document are subject to change without notice.