Santa Cruz, CA 95062,704-718 Broadway
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Santa Cruz, CA 95062,704-718 Broadway
Santa Cruz, CA 95062,704-718 Broadway
Santa Cruz, CA 95062,704-718 Broadway
Santa Cruz, CA 95062,704-718 Broadway
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$ 3,650,000
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704-718 Broadway Santa Cruz, CA 95062

5,213 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,213 sqft

Price per Sqft $700

MLS Listing ID ML82031354

HOA Y/N No

Year Built 1939

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Other

Property Description

5.50% Cap Rate // Single-Story Units // Turn-key! Marcus & Millichap is excited to present 704-718 Broadway in Santa Cruz, CA. This unique 9-unit apartment property is situated on an expansive 19,210 square foot lot in the heart of Santa Cruz, offering close proximity to Downtown Santa Cruz, the beach area, and major commuter corridors. The property consists of four duplexes and one single-family home, all single-story, which is a rare find for the area and highly attractive to tenants. All nine units feature one-bedroom floor plans, with seven of the nine units fully renovated (new bathrooms, kitchens, electrical, plumbing), contributing to strong tenant demand and ease of leasing. The property is well-positioned near popular retail and lifestyle amenities along Soquel Avenue, Ocean Street, and Downtown Pacific Avenue, providing convenient access to shopping, dining, coffee shops, and daily necessities.

Location

State CA

County Santa Cruz

Zoning R-L

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s)

Flooring Hardwood

Fireplace No

Laundry Coin Operated

Building

New Construction No

Others

Tax ID 01011114000


Bridge MLS
Listed by Jimmy Castellanos • Marcus & Millichap

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

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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704-718 Broadway