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228 Highland Ave
Santa Cruz, CA 95060
 Multifamily Property For Sale · 4 Units

Apartment Buildings California Santa Cruz 228 Highland Ave, Santa Cruz, CA 95060

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Investment Highlights

  • GREAT location to UCSC, downtown, beach and bus route
  • High Demand Rental Area
  • NICE layout - possible to convert to 3 bedroom unit instead, income potential

Property Facts

Price Per Unit $865,024 CAD Building Class C
Sale Type Investment Lot Size 0.13 AC
Cap Rate 4.80% Building Size 3,978 SF
No. Units 4 Average Occupancy 100%
Property Type Multifamily No. Stories 2
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
 Year Built/Renovated 1953/2024
Apartment Style Low-Rise Parking Ratio 1.01/1,000 SF
Price Per Unit $865,024 CAD
Sale Type Investment
Cap Rate 4.80%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 3,978 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1953/2024
Parking Ratio 1.01/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Heating
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Family Room
  • Large Bedrooms

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $5,581 CAD 950

Property Taxes

Parcel Number 006-171-34-000 Improvements Assessment $1,095,932 CAD
Land Assessment $1,792,684 CAD Total Assessment $2,888,617 CAD

Property Taxes

Parcel Number
006-171-34-000
Land Assessment
$1,792,684 CAD
Improvements Assessment
$1,095,932 CAD
Total Assessment
$2,888,617 CAD
 

  • Listing ID: 41428062

  • Date on Market: 2026-07-24

  • Last Updated:

  • Address: 228 Highland Ave, Santa Cruz, CA 95060

The Westside Multifamily Property at 228 Highland Ave, Santa Cruz, CA 95060 is currently available. Contact Kw Thrive Santa Cruz for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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228 Highland Ave, Santa Cruz, CA for sale Primary Photo- Image 1 of 3
Easy Rental NEAR UCSC Main bus route
228 Highland Ave, Santa Cruz, CA for sale Building Photo- Image 2 of 3
NICE layout
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