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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$2,499,000

Est. payment - /mo

0.71 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82055141

HOA Y/N No

Year Built 1950

Annual Tax Amount $14,262

Lot Size 0.709 Acres

Property Description

Nestled among the towering redwoods of the San Lorenzo Valley, this rare 8-unit multifamily property boasts excellent rental history with low vacancy, appealing to long-term tenants, and offers the fundamentals a thoughtful investor looks for: high occupancy, high income potential, and a desirable location for easy access to highways and public transportation. Versatility of units makes this great for buyers searching for solid investment return: live in one, rent the others, or a community compound. Property has been well-maintained by the current owner. Set on a bright and sunny flat lot with one new roof, repairs, and painting completed in 2026. The property features a mix of 1- and 2-bed cottages, two 2-bed apartments, 3 studio apartments, and a 3-bed/2-bath house, with inviting front porches, vibrant exterior finishes, and a peaceful, community-oriented layout that tenants love, with the opportunity to create a large raised-bed garden. Additional highlights include on-site parking for all units and a large garage for storage and extra income potential. With the flexible unit mix and upside potential, this is an exceptional opportunity for investors seeking immediate cash flow and long-term appreciation in one of the most desirable and supply-constrained rental markets in CA.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning R-1-15

Interior

Heating Central, Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Shingle

Total Parking Spaces 10

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Tax ID 07808312000

Special Listing Condition Standard

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Listed by Sage Goncharoff eXp Realty of California Inc #02023630

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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Address not disclosed Ben Lomond, CA 95005

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Schools

Others

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