Address not disclosed, Santa Cruz, CA 95060
Address not disclosed, Santa Cruz, CA 95060
Address not disclosed, Santa Cruz, CA 95060
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Bay Area Eichler Homes

Bay Area Eichler Homes

+1(408) 506-3942
$2,900,000
Est. payment /mo
5,756 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 5,756 sqft

Price per Sqft $503

MLS Listing ID ML82062896

HOA Y/N No

Year Built 1964

Lot Size 0.321 Acres

Property Sub-Type Other

Property Description

$400,000 PRICE REDUCTION! Offered at $2,900,000, 119 Clay Street presents an opportunity to acquire a 10-unit apartment property in Santa Cruz. The property features a desirable unit mix of eight (8) one-bedroom and two (2) two-bedroom apartments, with an in-place 5.88% cap rate and 10.71 GRM. The property offers strong current income with upside potential through future rent growth in Santa Cruz's competitive rental market.

Location

State CA

County Santa Cruz

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 00740213000

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Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Mitchell Zurich • Marcus & Millichap

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Bay Area Eichler Homes

Bay Area Eichler Homes

+1(408) 506-3942

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