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.
MLS #
ML82022121
MLS Source
MLSListings, Inc.
Days on Site
0
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Roof
Flat, Tar/Gravel
Foundation
Slab
Garage/Parking
Assigned Spaces, Carport, Drive Through, Off-Street Parking, Garage: 0 Car(s)
High School District
Santa Cruz City High
Water
Public
Zoning
Multi Unit
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 5 | 5 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 873 | 2 | 1/0 | $2,525 | $3,000 | 1 |
2 | 874 | 2 | 1/0 | $3,000 | $3,200 | 1 |
3 | 874 | 2 | 1/0 | $2,850 | $3,000 | 1 |
4 | 874 | 2 | 1/0 | $2,650 | $3,000 | 1 |
5 | 874 | 2 | 1/0 | $3,500 | $3,500 | 1 |
238 San Lorenzo Blvd is a Residential Income in Santa Cruz, CA 95060. This 4,368 square foot property sits on a 6,708 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,495,000 and was built in 1964.
This address can also be written as 238 San Lorenzo Blvd, Santa Cruz, CA 95060.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of September 18, 2025. For the most current information, please contact Scott C. Poncetta, (408) 757-1007