Home | Santa Cruz County | Santa Cruz | 95060 | 1112 Mission St
MLS: ML81976660 | Status: | Price: $4,400,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 9,144 | 0.978 | 1938 |
Presenting an exceptional multifamily investment opportunity situated on an expansive one acre lot located at 1112 Mission Street in Santa Cruz, CA. This rare gem features 15 charming cottage-style residential units, including one studio, thirteen one-bedroom and one two-bedroom single-story cottages. The demand for rental housing in Santa Cruz has never been higher, particularly near UC Santa Cruz, which is just over a mile from this property. With a constant influx of students seeking housing, 1112 Mission Street offers a steady stream of potential tenants, ensuring low vacancy rates and consistent rental income. The city's rental market has tightened significantly since the pandemic, with investors witnessing strong rent growth across the board. This trend has been particularly pronounced in areas near the university, where housing options are limited and competition is fierce. The property's location not only attracts students but also appeals to professionals and families, further broadening the pool of potential tenants.
| Field | Value |
|---|---|
| MLS # | ML81976660 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Cooling | Other, Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Other, Garage: 0 Car(s) |
| High School District | Santa Cruz City High |
| Sewer | Other |
| Water | Public |
| Zoning | PA |
Jimmy Castellanos
Marcus & Millichap
License #: 02024152
Phone: (408) 483-5040
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 10 | 13 | 15 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 1/0 | $2,071 | – | 13 |
| 2 | – | 2 | 1/0 | $2,850 | – | – |
| 3 | – | – | 1/0 | $1,872 | – | – |
School data provided by GreatSchools.org
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This listing information is up-to-date as of February 02, 2026. For the most current information, please contact Jimmy Castellanos, (408) 483-5040.