
Santa Cruz, California 95060
Analysis of 257 High Street, Santa Cruz, California 95060 is currently available with a list price of $2,480,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Cruz Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Despite the 1953 build date, the property qualifies as Excellent due to recent high-quality renovations (<5 years) visible in the kitchen and bathrooms, featuring modern shaker cabinetry, stone countertops, and updated flooring. The listing also confirms recent system upgrades, including new water heaters installed in 2025, and the units appear to be in mint, move-in-ready condition.
The property is fully occupied and generates approximately $195,600 in annual gross income, offering immediate cash flow and a solid investment foundation for buyers.
Situated near the UCSC bus line and within walking distance to Downtown Santa Cruz and local beaches, the location ensures high tenant demand and long-term appreciation potential.
Each of the four units features a spacious 950 SF 2BR/1BA floor plan, providing a level of comfort and openness that is rare for multi-family properties in this market.
Originally built in 1953, the property may require significant ongoing capital expenditures for maintenance and updates to its older systems and structural components.
With only six total off-street parking spaces for four two-bedroom units, parking availability may be limited for tenants in this high-density residential area.
Have you ever dreamed of owning a property where you can live in 1 unit while your tenants help pay your mortgage? This rare Westside Santa Cruz 4-plex offers that opportunity. What I love most about this property is the layout. Each of the 4 units offers a spacious 2BR/1BA floor plan of approx. 950 SF. The generous layouts make everyday living feel open, comfortable, and inviting something thats hard to find in many 4-plexes. Ideally located on the UCSC bus line, youll enjoy walking to Downtown Santa Cruz via the pedestrian bridge, with easy access to restaurants, coffee shops, shopping, entertainment, West Cliff Dr., the Santa Cruz Beach Boardwalk, and nearby beaches. The property is fully occupied and currently generates approx. $195,600 in annual gross income, including laundry income. Features include on-site laundry, separate gas meters, 2 carports, 4 additional off-street parking spaces, abundant street parking, and new water heaters (2025). Whether youre looking to reduce your housing costs, create a multigenerational living opportunity, or build long-term wealth, this is a rare chance to own a home that offers both an exceptional lifestyle and income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.0 |
| Baths | 4.0 | 2.3 |
| Square foot | 3,978 | 1,697.986 |
| Lot Size | 5,619 | 6,864.608 |
| Price | $2.48M | $1.63M |
| Price per sq ft | $623 | $940 |
| Built year | 1953 | 1973 |
| HOA | $0 | $352 |
| Days on market | 44 | 38 |
Jul 27, 2026
$2,480,000
Initial Listing
Sep 12, 2022
$1,990,000
Public Record