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Devin Ratoosh

[email protected] +1(510) 919-5499

$ 3,195,000

Est. payment -/mo

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Active

214 S Branciforte Avenue Santa Cruz, CA 95062

5,285 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,285 sqft

Price per Sqft $604

MLS Listing ID ML82021786

HOA Y/N No

Year Built 1974

Lot Size 10,106 Sqft

Acres 0.23

Property Sub-Type Other

Property Description

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.

Location

State CA

County Santa Cruz

Zoning Mult

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Handicap Access Other

Building

New Construction No

Others

Tax ID 01013212000

© 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 Alex Budka • Redwood Property Company

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

9

Brook Knoll Elementary School

Public | KG - 5
8

Westlake Elementary

Public | KG - 5
8

Tierra Pacifica Charter

Public | KG - 8
7

Live Oak Elementary School

Public | KG - 5
6

Del Mar Elementary School

Public | KG - 5
6

Green Acres Elementary School

Public | KG - 5
5

Bay View Elementary

Public | KG - 5
5

De Laveaga Elementary

Public | KG - 5
5

Santa Cruz Gardens Elementary

Public | KG - 5
4

Alternative Family Education

Public | KG - 12
1

Gault Elementary

Public | KG - 5
1

Santa Cruz County Special Education

Public | KG - 12
0

Gateway School

Private | KG - 8
0

Spring Hill-Advanced Elementary School of Santa Cr

Private | PK - 6
0

Holy Cross School

Private | PK - 8
0

Santa Cruz Childrens School

Private | KG - 6
0

Midtown Montessori

Private | PK - KG
0

Vhm Christian School

Private | KG - 8
0

Santa Cruz City Elementary Alternative Education-Monarch Community School

Public | KG - 6
0

Ocean Alternative Education Center

Public | KG - 8

Middle Schools 8

10

Pacific Collegiate Charter

Public | 7 - 12
6

Mission Hill Middle School

Public | 6 - 8
5

Shoreline Middle School

Public | 6 - 8
5

Branciforte Middle School

Public | 6 - 8
0

Sequoia Academy

Public | 7 - 12
0

Georgiana Bruce Kirby Preparatory School

Private | 6 - 12
0

Santa Cruz County Court

Public | 7 - 12
0

Santa Cruz County Community

Public | 7 - 12

High Schools 6

8

Cypress Charter High School

Public | 9 - 12
8

Santa Cruz High School

Public | 9 - 12
7

Harbor High School

Public | 9 - 12
2

Ark Independent Studies

Public | 9 - 12
0

Costanoa Continuation High School

Public | 9 - 12
0

Santa Cruz County Regional Occupational Program

Public | 10 - 12

School and business data provided by Attom Data.

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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Berkeley, CA

Devin Ratoosh

214 S Branciforte Avenue Santa Cruz, CA 95062

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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