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704 Broadway - 704-718 Broadway 9 Unité Immeuble d’habitation offert à 5 069 667 $ CAD à un 5,51% taux de capitalisation Santa Cruz, CA 95062



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FAITS SAILLANTS DE L'INVESTISSEMENT
- RARE 9-UNIT, SINGLE-STORY PROPERTY On a 19,210 SF lot
- MAJOR CAPITAL UPGRADES COMPLETED - $700K + Roof, plumbing, electrical, windows, etc
- STRONG PARKING 9 open spaces + 8 private garages
- $24,500 PER MONTH RENT ROLL (MAY 2026) Based on current rents with upside potential
- 7 OUT OF THE 9 UNITS ARE GUT RENOVATED WITH PERMITS Including plumbing, electrical, flooring, bathrooms, kitchens
- PRIME MIDTOWN SANTA CRUZ LOCATION Near Downtown and retail
RÉSUMÉ DE L'ANNONCE
Please email jcastellanos@marcusmillichap.com for OM and Due Diligence.
Jimmy Castellanos 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.
Jimmy Castellanos 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.
FAITS SUR LA PROPRIÉTÉ
COMMODITÉS
COMMODITÉS DU SITE
- Installations de lessive
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 9 | 3 959 $ CAD | 550 - 600 |
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Un paradis pour un marcheur (91)
Bike Score®
Un paradis pour un cycliste (96)
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704 Broadway - 704-718 Broadway
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