314 Windham Street, Santa Cruz, California 95062, Santa Cruz, 95062 - 0 bed, 0 bath
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Santa Cruz, California 95062
This Triplex Residential Income property represents a Strong Value Opportunity, listed at $1,549,000—positioned above the $1,422,565 Fair Market Value. While priced at a premium, the property maintains a Condition Rating of 3, offering a turn-key asset with fresh updates and consistent rental demand in the Seabright neighborhood. Featuring private fenced front yards and a shared carport, this coastal asset provides immediate income potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 314 Windham Street Subject | $1,549,000* List Price | 0 | 0 | 1,776 | $801 | - |
A 621 Sumner Street Pending | $1,495,000 List Price | 0 | 0 | 1,910 | $783 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1967, the property is in turn-key condition with recent cosmetic updates including fresh paint and laminate flooring. Kitchens and bathrooms are functional and well-maintained; while the tile countertops and white appliances are dated, the overall condition is move-in ready and suitable for immediate rental.
Situated in the highly desirable Seabright neighborhood, the property is within walking distance to the beach, parks, and local landmarks, ensuring high tenant demand and long-term appreciation.
The units feature updated interiors with fresh paint and laminate flooring, offering a move-in-ready opportunity for owner-occupants or immediate income generation for investors without the need for renovations.
Each of the three units includes its own fenced front yard, a rare and valuable feature for multi-family properties that significantly enhances tenant appeal and lifestyle quality.
With each 1BD/1BA unit measuring approximately 592 square feet, the living spaces are relatively small, which may limit the tenant pool to individuals or couples.
The reliance on a shared laundry room and shared carport storage may be seen as a drawback for tenants seeking more private or in-unit utility options.
Located in the desirable Seabright neighborhood of Santa Cruz, this triplex offers an exceptional opportunity for investors, owner-occupants, or buyers seeking a coastal second home with rental income potential. The property features three turn-key 1BD/1BA units, each approximately 592 sq ft, situated on a 7,492 sq ft lot. Updated interiors include fresh paint, laminate flooring, and abundant natural light. The property also benefits from a strong historical rental history, offering excellent income potential in a highly sought-after coastal location. Each unit includes a fenced front yard ideal for gardening or outdoor enjoyment. Additional amenities include a shared courtyard, shared laundry room, and shared carport with storage. Conveniently located approximately a 15-minute walk to Seabright Beach and Ocean View Park, a 10-minute walk to Shoppers Corner and The Buttery, and just a 5-minute drive to the Santa Cruz Harbor and downtown Santa Cruz restaurants, shopping, and entertainment. Mid-Town amenities is right around the corner with shopping and restaurants. Excellent opportunity for investors or owner-occupants looking for flexibility, lifestyle, and income potential in one of Santa Cruz's most desirable neighborhoods. Don't miss this opportunity, it won't last long!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,776 | 1,776 | 50% |
| Lot Size | 7,492 | 6,752 | 67% |
| Price | $1.55M | $1.55M | 50% |
| Price per sq ft | $872 | $872 | 50% |
| Built year | 1967 | 1967 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 173 | 33% |
May 28, 2026
$1,549,000
Initial Listing