Santa Cruz CA Real Estate & Commercial for Sale

The proposed development site offers a highly promising opportunity for a mixed-use project that integrates modern residential apartments with vibrant commercial spaces. The tentative plan include 15 units apartment and 2 commercial buildings.

Currently at 6% cap rate, 100% occupied for the last 25 years. Excellent rental and income history with potential room for reasonable rent increases. The 13 apartments sit on two parcels with over 13,808.52 sq. ft. with seventeen marked parking spaces. Located on a major bus line, close to Santa Cruz Beach Boardwalk, Municipal Wharf and the downtown village of Santa Cruz. One (1) mile to Highway 17 and CA Highway 1 (PCH). These two (2) parcels could possibly be redeveloped to increase height and number of units. Parcel one APN 010-551-29 is 7,797.24 sq. ft. Parcel two APN 010-551-30 is 6,011 sq. ft.

229 Laurel St. Santa Cruz, is a legacy drive-in restaurant site in the heart of the Downtown/SoLa transition area that is now strategically positioned for higher-intensity mixed-use redevelopment under the Citys recently adopted downtown expansion framework. The property offers a rare combination of strong existing foot and vehicle traffic, corner visibility, and near-term upside as surrounding blocks transition to taller, denser residential and entertainment uses. * Corner/near-corner, signal-adjacent parcel with strong visibility, prominent signage, and easy ingress/egress supporting both current QSR operations and future high-density development. Walkable to Pacific Avenue, the San Lorenzo Riverwalk, Kaiser Permanente Arena, and the broader downtown core, capturing both neighborhood and regional traffic. Exceptional covered-land play: in-place improvements provide interim income potential while the surrounding district transitions under the Downtown Plan Expansion, offering a clear path to long-term mixed-use or multifamily redevelopment consistent with the Citys growth objectives.

NEW PRICE! Assumable Loan at 3.25% for next 2.5 years. High-Quality Investment in a Prime Santa Cruz Location! Ideally situated between the Seabright neighborhood, the Beach Boardwalk, and Downtown Santa Cruz, this property offers an exceptional investment opportunity in one of the areas most desirable rental markets. Featuring five oversized 2-bedroom, 1-bath units, the property boasts excellent rental history with low vacancy, appealing to both long-term tenants and their guests. Each unit offers abundant natural light and functional floor plans, creating a bright and comfortable living environment. Additional highlights include on-site parking for all units, storage units for each unit, and on-site laundry facilities generating additional income. Fantastic location just steps from the Santa Cruz Wharf, world-class surf spots, the Boardwalk, and Downtown amenities.

Highly sought after Garage Unlimited of Santa Cruz Unit for Sale! Rarely do these units come on to the market due to their demand! Popular garage/storage unit that is completely fenced and gated for hobby shop and car enthusiasts, or a storage option for your business! All units are separately metered for electricity. Water, trash and landscape maintenance is paid via the association fee. Unit is commonly referred to as a unit "E" in original marketing brochure (16'x40' unit, approx size, actual size is smaller). Additional storage mezzanine approx 250 sqft. Roof has pop-up architectural feature that allows for taller ceilings for additional storage space.

300 Seventh Avenue is situated in Santa Cruz, California, just three blocks from the Pacific Ocean. First time on the market in a generation, this 1500 SF building enjoys an excellent track record of occupancy. Ideally located, this 3,000 SF parcel of land sits on the corner of Seventh Avenue and Carmel Street. The tenants benefit from strategic visibility, convenience, access, and on-site parking. An exceptional find: a classic small commercial building near the beach and Harbor that is seamlessly woven into the fabric of this desirable Santa Cruz Neighborhood. Perfect for a buyer who needs to fill out part of their 1031 exchange, or for a portfolio investor who identifies with key properties, low maintenance, and stable income, or for anyone who appreciates a well-located investment and pride of ownership.

This Historic Victorian Gem in Prime Downtown Santa Cruz has exceptional opportunities awaiting nestled in the heart of Santa Cruz. This 4 bedroom, 1 bathroom combines vintage character with an unbeatable downtown location, just minutes from the iconic Boardwalk and pristine beaches. Step inside to discover soaring ceilings that create an airy, expansive feel throughout this classic home. The inviting living space centers around a beautiful fireplace, perfect for cozy gatherings on cool coastal evenings. Abundant natural light highlights the home's period details and thoughtful layout. Outdoor living shines on both the welcoming front porch which is perfect for watching the world go by with your morning coffee and also has a generous back patio. The private rear outdoor retreat provides an ideal setting for afternoon barbecues or evening entertainment under the stars, offering a peaceful escape from the vibrant downtown energy just steps away. Positioned in the coveted CBD (Central Business District) zone, this property offers remarkable versatility for its next owner. Maintain it as a rental or convert it to your personal residence or explore the endless commercial possibilities the CBD zoning gives you. This home has the perfect combination of historic charm and location!

Extensively and tastefully renovated turnkey investment opportunity with upside in rent income and ADU development potential. The property operates at a 5.21% in-place cap rate, with upside of achieving a 7.3% cap rate. Ideally located in the sought-after Seabright neighborhood, the Branciforte Apartments are just a 10-minute walk from Seabright Beach, the Boardwalk, Whole Foods, and the Seabright Retail Corridor. Surrounded by single family homes that can sell for over $2M, the property is tucked away in a very safe, quiet and quaint corner of the neighborhood. This boutique apartment community offers luxurious finishes, in-unit laundry, open floorplans, tandem covered parking with a 2:1 parking space ratio, backyards/balconies in select units and a peaceful outdoor space where tenants can grill, socialize and relax. In addition, the 9 x 10 storage units provide residents with ample space for bikes, surfboards, beach gear, and more. With tenants paying all utilities, ownership is sheltered from skyrocketing utility prices that have jumped as much as 70% in the last 5 years. At the same time, tenants' electricity bills will be significantly, if not entirely, offset by the property's rooftop solar panels. ADU plans ready for building department submittal.

1450 Merrill St, known as Seadowns, is a three-building, nine-unit property that has been owned by the seller for 26 years. It is in close proximity to area beaches, East Cliff Drive, Pleasure Point, the Santa Cruz Small Craft Harbor, Sunday Live Oak farmer's market, Simpkins Swim Center and many local restaurants. The property contains ample outdoor space, providing a peaceful living experience for the renters. The property provides excellent walkability and bikeability. It also has 11 parking spaces, including 5 covered carport spaces. The coin-operated laundry is leased by the owner. The unit mix includes six 1-bedroom, 1-bath units (1-6) in the two-story building. Each of these six units has access to the outdoor space behind the building and has additional locked storage in the carport. Near the front of the property is a 2-bedroom, 1-bath unit (A) with a large fenced front yard, a 1 bedroom, 1-bath unit (B) with a fenced back yard and covered patio, and a stand-alone 2-bedroon, 1-bath unit (C). The owner has completed recent improvements including a new sewer lateral, new roof on the carport and laundry area, and fumigation for termites. Between turnovers, the Landlord has also painted the units, and updated appliances and fixtures, and installed new carpets.

Downtown Santa Cruz Commercial Mixed Use opportunity! Four-story building with ground floor retail/restaurant leased to long time tenant (Pizza My Heart voted best Pizza in Santa Cruz County) and 24 studio units plus one manager's office on the upper floors. Rebuilt in 1993 after the 1989 earthquake, this property offers an excellent income stream with upside potential.

121/123/125 Dubois is a versatile industrial property offering over 13,1225+/- SF of manufacturing and warehouse space in 3 adjacent suites which can remain demised or used as a single connected complex. Originally built in the late 1970s with a 5,000 SF cinder block structure, the building was expanded in the early 1980s with an additional 8,125 SF. While currently opened up as one contiguous space, the property was originally configured as three separately metered units, giving flexibility for multi-tenant use. This site is well-positioned for a variety of industrial uses, including, but not necessarily limited to manufacturing, distribution, or general warehousing, Ideal for an owner-user who wants to occupy the full space or lease out a portion for income. Includes 23,000+/- SF of fenced undeveloped land in back that can be used in its present state as a yard for large vehicle and equipment storage or development of additional buildings.

129 Water Street presents a rare opportunity to own a freestanding commercial office building in the heart of downtown Santa Cruz. Whether you're an owner/user looking to establish your business in a prime location or an investor seeking a well-situated leasing asset, this property offers both immediate utility and long-term upside. As currently configured, the building features 10 offices, 2 conference rooms, a large reception area, and modern infrastructure, including controlled door access, security cameras, and prominent street signage. With 4 on-site parking spaces and excellent walkability to all that Downtown Santa Cruz has to offer, this location supports a wide range of professional uses. Delivered vacant at close of escrow, the property is move-in ready for an owner-occupant or ready for its next tenant. Located in a high-visibility corridor, this is a strategic acquisition for businesses or investors seeking strong fundamentals in a supply-constrained market.

Amazing opportunity in Capitola's Opportunity zone. This small commercial space with several treatment rooms currently used for Chiropractic services and sits on Capitola's main thorough fare . The opportunity involves developing the medical space and vacant lot included in this sale to develop potentially 40+ units in a mixed use project. Some design work has been completed. Call Sean to discuss possibilities.

New zoning allows for multi-residential. Rare opportunity to own a piece of Santa Cruz History. Located on a highly visible corner on one of Santa Cruz's most well-traveled roads yet walking distance to downtown restaurants and shops. This spacious Victorian house is currently used as an office and is 4,623 Sq. Ft. plus 200 Sq. Ft. of storage space, includes 6 private offices as well as several meeting rooms and breakrooms. In addition, there is a separate structure with a legal residential unit on second floor above the private office space offering a great opportunity for live/work or great rental income. Established history with therapy and professional office users and possible uses to include live/work, group home / transitional housing/recovery facility. A total of three parcels included and totaling over 18,000 Sq. Potential to merge lots for future development possibilities. Buyer to verify with City of Santa Cruz for residential and developmental possibilities.