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$250,000
OC26201385 MLS ⋅ Coming Soon Status
Welcome to Rainbow Resort, a peaceful mountain getaway nestled in the beautiful wilderness of Northern California. Our property features three cozy cabins, surrounded by breathtaking natural scenery, majestic mountains, and nearby rivers. Escape the hustle and bustle of everyday life and enjoy the tranquility of nature. Wake up to fresh mountain air, explore scenic trails, relax beside the river, or take in the spectacular views from the mountain tops. Whether you're looking for a quiet retreat, an outdoor adventure, or quality time with family and friends, Rainbow Resort offers the perfect place to reconnect with nature. Each cabin provides a comfortable and relaxing home base where you can unwind after a day of exploring. With stunning landscapes in every direction, you'll have plenty of opportunities to enjoy Northern California's beauty, from peaceful mornings to unforgettable sunsets over the mountains.

35940 State Highway 96, Klamath River
$2,199,999
ML82061883 MLS ⋅ Active Status
Welcome to 10191021 Villa Ave, San Jose, CA a unique investment opportunity featuring two separate buildings on one APN, with distinct addresses and multiple income-producing components. 1019 Villa Ave is a 2-bedroom, 1-bathroom single-family residence featuring a full basement with cement construction, offering approximately 1,200 square feet of space. The property provides comfortable living with additional basement space for storage, workspace, or other permitted uses. 1021 Villa Ave is a six-unit multifamily building, with each unit consisting of 1 bedroom and 1 bathroom. The property currently generates approximately $13,935 per month in rental income. Current rents are reportedly below potential market levels, presenting an opportunity to evaluate future rent adjustments and enhance income potential, subject to applicable laws, tenant protections, and market conditions. With seven total residential units across two buildings, this property offers a combination of current cash flow, residential flexibility, and potential long-term upside. The two-address configuration on a single APN creates a distinctive investment profile for buyers seeking an established income-producing asset in San Jose.

1019 Villa Avenue, San Jose
$425,000
ML82061810 MLS ⋅ Active Status
Historic Our Lady of Guadalupe Church in Bradley California. Step back in time with the charming Our Lady of Guadalupe Church, a beautifully preserved California mission-style landmark built in 1948. This 1,300 sq. ft. sanctuary exudes warmth, history, and timeless character. From its iconic white stucco bell tower and red tile roof to its intimate sanctuary featuring original wood pews, arched architecture, stained glass accents, and rich hardwood floors, every detail creates an unforgettable setting. Whether preserved as a place of worship or reimagined (subject to Monterey County approval), this property offers exciting possibilities such as a private event venue, wedding chapel, photography location, artist retreat, or cultural gathering space. Its striking architecture and authentic mission-style design make it an exceptionally photogenic property unlike anything else on the market. Rare opportunities to own a piece of California history are few and far between.

Bradley Rd, Bradley
$12,056,000
ML82061756 MLS ⋅ Active Status
Rarely Available 44-Unit Multifamily Asset in Desirable Jackson Triangle Neighborhood. Peaceful Setting: Amongst Single Family Homes. Quiet Street, Minimal Thoroughfare Traffic. CAP Rate: In-Place 6.00% / Pro-Forma: 7.41%. GRM: In-Place: 10.6 / Pro-Forma: 9.2. Cost/Unit: $274,000/Door. Cost/SF: $389/SF. Pride-of-Ownership Property. Excellent Curb Appeal. Fully Secured Building. Remote-Controlled Main Entry Gate. Gated-Community. Park-Like Setting / Secured Perimeter. Excellent Curb-Appeal. Unit Mix: (26) Spacious 1 Bedroom/1 Bath (±663 SF) Units. (18) Spacious 2 Bedroom/1 Bath (±765 SF) Units. Secured Center Courtyard w/ Numerous Tenant Amenities. Durable Rents w/ Upside: Low Historic Vacancy. Low Tenant Turnover. Solid Cashflow. Reposition Ideas: Add Dishwashers, Recessed Lighting, Flooring Upgrades. Capital Improvements: Dual-Pane Windows, Water Heaters, Landscape Lighting, Exterior Painting, Etc. Excellent Connectivity & Access to Major Employers: Public Transit: 1.8 Miles From the Hayward BART Station (9-Minute Bike Ride / 12 Minutes by Bus). Commute: Easy Access to Major Freeways (Highways 92, 880, and 84). Major Employers: Short Commute to Major Employers. East Bay: Tesla, Kaiser, UC Berkley, and More. Peninsula: Visa, Meta, Google, and More

550 Berry Avenue, Hayward
$3,725,000
ML82061752 MLS ⋅ Active Status
Magnify is pleased to present 138-140 Berkshire Avenue, a rare opportunity to acquire two contiguous 5-unit buildings on separate APNs in Redwood City. Offered at a 6.4% in-place cap rate with over $28,000/month in rents, this well-maintained 10-unit offers strong current cash flow and value-add potential. The unit mix includes (4) 2BD/1BA and (6) 1BD/1BA units with spacious floor plans. Major improvements include new roofs (2023), upgraded electrical subpanels (2025), Square D main electrical disconnects, dual-pane windows, fresh exterior paint (2026), newer central water heaters, and a passing SB-721 inspection. Two oversized rear garages provide valuable off-street parking and potential ADU conversion. Additional upside includes potential for new-construction ADUs on the 138 Berkshire parcel, subject to zoning and permitting. Located in a core Peninsula location less than 1 mile from the Atherton border, the property offers convenient access to Highway 101, Downtown Redwood City, Caltrain, and major employers. As an unincorporated property, it is also outside the City of Redwood City's jurisdiction and current rent control ordinance (buyer to verify). Strong in-place income and multiple avenues for future expansion make 138-140 Berkshire an attractive Peninsula investment.

138140 Berkshire Avenue, Redwood City
$1,299,000
ML82061748 MLS ⋅ Active Status
Exceptional mixed-use opportunity in the heart of downtown Pacific Grove. Thoughtfully remodeled by a local architect and designed as a sophisticated live/work space, 211 Grand Avenue offers remarkable flexibility for residential, commercial, or combined use. Step outside and enjoy Pacific Grove's charming restaurants, cafés, boutiques, and vibrant downtown, with Lovers Point and the Monterey Bay coastline just a few blocks away. A distinctive property offering an exceptional opportunity to live, work, and enjoy the very best of the Pacific Grove lifestyle.

211 Grand Avenue, Pacific Grove
$2,998,000
ML82061712 MLS ⋅ Active Status
1051 Whipple Avenue is a six-unit multi family asset located on a corner lot at Whipple Avenue and Arch Street in Redwood City, California. The building comprises approximately 7,510 square feet, including a shared ground-floor common garage and storage, with 3 two-bedroom / 1.5-bath units, 1 two bedroom with 1 bath and two one-bedroom / 1-bath units across the building's first and second floors.The offering represents a rare opportunity to acquire a well-maintained, long-held Peninsula multifamily property with substantial embedded rent upside. In-place rents are below market rate. Unit 3 is currently vacant and available for immediate lease-up at market.

1051 Whipple Avenue, Redwood City
$125,000
ML82061623 MLS ⋅ Active Status
Rarely does a piece of land come to market with as much soul and history as 27885 Robinson Canyon Road. At the iconic intersection of Carmel Valley and Robinson Canyon Roads, this property stands as a landmark of local heritage. For over a century, it was the site of the historic Carmelo Athletic and Social Club. Originally built in 1895, the club served as a cherished gathering space and the beating heart of the community for generations before the building was tragically lost to a fire in February 2025. While the original structure is gone, the spirit of the land remains. This is a rare opportunity to honor a storied past by creating something new. This isn't just a lot; its a chance to steward a piece of Carmel history into its next chapter. Bring your vision to this legendary corner and build a legacy of your own.

27885 Robinson Canyon Road, Carmel By The Sea
$650,000
SR26203384 MLS ⋅ Active Status
A rare mixed-use opportunity in the heart of East Los Angeles, this commercial/residential building offers both strong street presence and versatile income potential. Situated along the well-traveled Beverly Boulevard corridor, the property benefits from excellent visibility, consistent foot and vehicle traffic, and proximity to local retailers, dining, and public transportation. The main level is well-suited for a variety of commercial uses, making it ideal for an owner-user or investor seeking steady retail or office income. The residential component provides comfortable living quarters or additional rental revenue, creating a balanced live/work or mixed-income asset. With its central location, flexible layout, and exposure on a major thoroughfare, 5724 E Beverly Blvd presents a compelling opportunity for investors, entrepreneurs, or owner-occupants looking to establish a presence in a vibrant, densely populated neighborhood of Los Angeles!

5724 E Beverly Boulevard, Los Angeles
$1,500,500
PW26203135 MLS ⋅ Active Status
Welcome to 1218 MLK Jr. Ave, a strategically located mixed-use property offering an exciting opportunity for investors, business owners, and entrepreneurs looking to establish a presence in a dynamic and culturally rich area of Long Beach. Positioned near Cambodian Town, this property benefits from its proximity to a vibrant community known for its diverse businesses, restaurants, services, and cultural destinations. The surrounding area provides a strong neighborhood presence and convenient access to a variety of retail, dining, residential, and commercial amenities, creating an appealing environment for businesses seeking visibility and accessibility. The property's mixed-use character provides flexibility for a variety of potential business concepts and investment strategies, subject to applicable zoning and permitted uses. Whether you're looking to occupy the property for your own business, create a destination for customers and clients, or explore its potential as part of a broader investment portfolio, 1218 MLK Jr. Ave presents an opportunity to bring your vision to life in an established and highly accessible location. Examples: Multiple-unit housing, Single-unit housing, Group housing, Day-care facilities, etc

1218 Martin Luther King Jr. Avenue, Long Beach
$1,300,000
ML82061558 MLS ⋅ Active Status
Attractive 15-unit multifamily investment opportunity located at 3871-3901 Country Club Dr in Clearlake, CA, situated on an expansive 1.23-acre site across three separate parcels. The property consists of three buildings with a diverse unit mix offering broad tenant appeal and operational flexibility, plus one vacant lot. Recent capital improvements include new electrical panels throughout the property and replacement of all AC units within the past 10 years. Several units have been renovated, while the majority remain in well-maintained original condition, providing an opportunity for a new owner to pursue a targeted value-add strategy through interior upgrades. Additional upside may be available through operating efficiencies and potential utility cost recovery. Ownership can evaluate implementation of a RUBS program for water, sewer, and garbage, subject to applicable laws and regulations. With substantial land, existing cash flow, recent capital improvements, and multiple avenues for increasing income, this asset presents an opportunity to acquire an established multifamily property with long-term value-add potential. Parcels: 037-303-240-000 (3871 Country Club Dr), 037-303-360-000 (3891 Country Club Dr), 037-303-350-000 (3890 Country Club Dr).

3871 Country Club Drive, Clearlake
$1,800,000
ML82061485 MLS ⋅ Active Status
Under the same ownership as the adjacent 103-115 James Avenue, the two properties may be purchased together as a combined 10-unit portfolio or acquired separately. --- Compass Commercial is pleased to announce the exclusive listing of 405 Arch Street & 77-83 James Avenue, a well-located 5-unit multifamily investment opportunity in Redwood City's Arch Street corridor, just west of El Camino Real. Offered at $1,800,000, the property consists of five (5) units across approximately 3,855 square feet of building area on a 6,000-square-foot lot. The unit mix includes four (4) 1-bedroom/1-bath units (770 sqft) and one (1) 2-bedroom/1-bath unit (775 sqft) -- The property sits in a quiet, tree-lined residential pocket within walking distance of Downtown Redwood City's shops and restaurants, the Safeway-anchored Sequoia Shopping Center, and Caltrain, with convenient access to Highway 101 and I-280. Amenities include owned washer/dryer, separately metered electric and gas, and Siemens circuit-breaker sub-panels. California SB 721 mandated inspection has been completed and is on file. -- Built in 1923, the property generates approximately $112,140 in scheduled gross annual income, with net operating income of approximately $63,128, a 3.51% cap rate and 16.05 GRM.

405 Arch Street, Redwood City
$5,399,999
ML82061475 MLS ⋅ Active Status
6881 Monterey Road is a prime 30,737-square-foot flex showroom and high-bay warehouse on the Monterey Road retail corridor. This expansive commercial building is ideally configured for both retail and warehouse operations. The front 14,000 square feet was previously used for retail sales and features a customer-facing layout with excellent visibility. The rear 16,000 square feet offers 22- to 24-foot clear heights and was previously utilized for racked warehousing, making it well-suited for logistics, distribution, or storage-intensive businesses. Additional features include abundant natural light from skylights and 600-amp, 3-phase power. This flexible configuration can accommodate a wide range of commercial uses in a prime location in Gilroy. A wide variety of potential uses are permitted, including, but not limited to, a gym, furniture store, automotive dealership or service facility, watercraft, ATV, or motorcycle sales and service, RV sales, general retail, office, medical, showroom, grocery store, sports facility, event center, and more. Positioned 25 miles south of San Jose with excellent freeway access. Investors may realize substantial tax savings through accelerated depreciation opportunities available through a cost segregation study with the property's acquisition.

6881 Monterey Road, Gilroy
$2,250,000
ML82061466 MLS ⋅ Active Status
Under the same ownership as the adjacent 405 Arch Street & 77-83 James Avenue, the two properties may be purchased together as a combined 10-unit portfolio or acquired separately. --- Compass Commercial is pleased to announce the exclusive listing of 103-115 James Avenue, a well-located 5-unit multifamily investment opportunity in Redwood City's Arch Street corridor, just west of El Camino Real. The offering consists of a 4-unit apartment building plus a detached single-family residence, together totaling five (5) units on one parcel, across approximately 4,414 square feet of building area on a 6,500-square-foot lot. The unit mix includes one (1) 1-bedroom/1-bath unit (725 sqft) and four (4) 2-bedroom/1-bath units (875-925 sqft), including the detached house (1,014 sqft). Amenities include separately metered electric and gas, Siemens circuit-breaker sub-panels, and a two-car garage. California SB 721 mandated inspection has been completed and is on file. -- Built in 1922, the property generates approximately $151,560 in scheduled gross annual income, with net operating income of approximately $95,610, a 4.25% cap rate and 14.85 GRM on current rents.

103115 James Avenue, Redwood City
$1,750,000
ML82061406 MLS ⋅ Active Status
Marcus & Millichap is pleased to present 5428 San Pablo Avenue, a versatile industrial investment opportunity strategically located in Oakland's growing North Oakland/Berkeley/Emeryville corridor. Originally constructed in 1945, the property comprises approximately 8,424 square feet of building area on an approximately 8,436-square-foot parcel. The building is configured into four suites, providing flexibility for multiple tenants, owner-user occupancy, or future repositioning. The property benefits from a prominent corner location at the intersection of 54th Street and San Pablo Avenue, offering strong visibility and convenient access throughout the East Bay. Its central location places the property near major employment centers, residential neighborhoods, retail amenities, public transportation, BART, and key regional freeways. Pixar Animation Studios is located approximately 0.5 miles from the property. Oakland remains one of the Bay Area's most important employment, transportation, and commercial centers, supported by the technology, healthcare, industrial, and financial sectors. With strong regional connectivity and proximity to Emeryville and Berkeley.

5428 San Pablo Avenue, Oakland
$4,990,000
ML82061401 MLS ⋅ Active Status
Azure Apartments is a well-maintained 16-unit multifamily community located in Gilroy, California. Originally constructed in 1958, the property consists of approximately 11,526 square feet of building area situated on a spacious 34,000-square-foot parcel. The community offers a desirable mix of one- and two-bedroom floor plans. Select residences feature private yards and individual fireplaces, while residents also benefit from private covered parking. Each unit is separately metered for gas and electricity and equipped with an individual water heater, supporting operational efficiency and resident convenience. Azure Apartments offers investors an opportunity to acquire a 16-unit asset with appealing resident amenities, substantial land area, and convenient access to major employment, retail, dining, and entertainment destinations. The property is located approximately 1.4 miles from the Gilroy Premium Outlets, which features more than 140 retailers, and provides convenient access to Highway 101. It is also within walking distance of Town Plaza Shopping Center and near downtown Gilroy, Gilroy Gardens, and other regional attractions.

420 Broadway, Gilroy
$990,000
ML82061344 MLS ⋅ Active Status
Mixed use commercial investment opportunity in Salinas featuring four residential units and two commercial units. The property offers a diversified income stream with both residential and commercial tenancy. All six units are currently leased, providing an investor with an income producing asset from day one. An excellent opportunity to acquire a fully occupied mixed use property in an established Salinas location.

661 E Market Street, Salinas
$750,000
ML82061256 MLS ⋅ Active Status

321 W 9th Street, Santa Rosa
$15,000,000
ML82061252 MLS ⋅ Active Status
Rare opportunity to acquire a landmark mixed-use asset in the heart of downtown Alameda. The historic 1926 Spanish Colonial Revival building offers 93 residential units and 17 retail spaces across 110 total units, with 96.4% physical occupancy. The property has not traded in over 30 years. The residential mix spans studios, one-bedrooms, and private- and shared-bath rooms with significant rent roll upside as legacy in-place rents roll to market on turnover. Studios currently range from $542 to $1,742/month, one-bedrooms from $1,055 to $2,100, reflecting the spread between long-tenured residents and recent market-rate leases. Alameda's Annual General Adjustment is set at 2.7% for 2026-27, providing predictable annual increases on controlled tenancies. The building features a historic ballroom and event venue a largely untapped revenue opportunity with potential for events, co-working, or food and beverage activation. Ground-floor retail along Broadway adds diversified income from 17 commercial spaces. Zoned CCT (Community Commercial Theater District), the property sits on Alameda's primary commercial corridor with immediate access to the Fruitvale BART station and the Bay Bridge.

2544 Santa Clara Avenue, Alameda
$725,000
ML82061237 MLS ⋅ Active Status
A home for Faith and Community in Chualar is ready for its next chapter. For many years, this property has served as a cherished gathering place for local worship and community life, and is ideally suited for continued religious assembly, community outreach, and congregational growth. This versatile and spacious property features expansive multi-purpose community rooms and a large fellowship hall, ideal for services, events, and gatherings. There is a large kitchen area for fellowship meals and community events, men's and women's restrooms, and a private office space for administrative or pastoral use. The attached 2-bedroom, 1-bath residential unit features a large living room, laundry area, and a full kitchen, with a fenced garden area and fruit trees; perfect for on-site clergy or caretaker housing. The lot size is almost 1/4 acre and offers a parking lot with 11 spaces. The HDR/10 zoning may offer significant residential redevelopment potential; buyer to verify development possibilites with the county.

25588 Jackson Street, Chualar
$600,000
IG26200826 MLS ⋅ Active Status

Soledad Canyon Rd., Canyon Country
$2,680,000
ML82061216 MLS ⋅ Active Status
Rare 7-unit apartment investment opportunity in Sunnyvale, offered at $382,857 per unit. The fully occupied property features an attractive unit mix of one three-bedroom/two-bathroom, two two-bedroom/one-bathroom, and four one-bedroom/one-bathroom units, totaling 5,217 square feet on a 0.25-acre lot. The well-maintained 1959-built property features dual-pane windows throughout and updated Siemens electrical sub-panels. Long-term ownership and current rents provide significant rental upside, with no citywide rent control ordinance currently in place. Sunnyvale's strong rental market has experienced nearly 10% year-over-year rent growth, supporting continued income growth. The property offers a 6.92% pro forma cap rate based on projected market rents. This offering provides an opportunity to acquire a fully occupied Sunnyvale multifamily asset with stable in-place income and a clear path to increased cash flow through unit turnover, consistent rent increases, and continued market rent growth.

622 Grand Fir Avenue, Sunnyvale
$1,495,000
ML82060994 MLS ⋅ Active Status
157 Central Ave is an 8-unit apartment complex located in Downtown Salinas, adjacent to Hartnell College and Monterey County government offices. The property consists of six studio apartments within the two-story main building, along with two detached units: one one-bedroom/ one-bath unit and one three-bedroom/one-bath unit. The property has historically experienced very low tenant turnover, providing a stable and consistent rental history. The one-bedroom/one-bath unit can be delivered vacant at closing, offering an owner-user the opportunity to occupy the unit or an investor the flexibility to lease it at market rates.

157 Central Avenue, Salinas
$299,000
ML82060962 MLS ⋅ Active Status
Imagine creating your own special place on approximately half an acre. This property features an existing church building with a basement, with Single Family Residence zoning, offering an intriguing opportunity for a buyer with vision. Could the church be restored and brought back to life as a place of worship? Perhaps the property could become a charming wedding or gathering venue with gardens. Or envision transforming the existing building into a truly one-of-a-kind residence, with indoor/outdoor living spaces designed for entertaining... A parsonage once stood on the property, presenting another possibility to explore could a new residence or parsonage be built in its place? The property consists of three parcels under one APN, adding another interesting element for buyers to investigate. Virtually assisted artistic renderings are included following the property photos to help illustrate ideas. Renderings are conceptual only and do not represent approved improvements or uses. Bring your creativity and explore the possibilities! Buyers should contact the Merced County Planning Department and other appropriate agencies to independently verify zoning, permitted uses, parcel status, building requirements and the feasibility of any proposed improvements or uses.

16147 S Colony Street, Dos Palos
$999,999
IV26198822 MLS ⋅ Active Status ⋅ Tires 4 Less BLDG.
For over 20 years, this shop has been a trusted part of the Corcoran community. A place known not just for great service, but treating every customer w/personal care for their vehicle. The business has been built not only on tire service, but offering basic mechanic maintenance of oil & filter change to a passion of rebuilding & restoring classic cars. The lot is huge with existing's buildings. The buildings have been used as storage, and for paint & body work. This property can also be utilize for towing, since it comes with secured fencing.

1235 Flory Avenue, Corcoran
$749,000
ML82060852 MLS ⋅ Active Status
Great opportunity to own your own office , near O'connor Hospital, Santana Row, Valley Fair and major highways. Sale includes 2 units - 2039 Forest Ave #301 & 2039 Forest Ave #302. #301 - APN 274-60-009, Sq Ft 1,002, Lot Sq Ft - 1,307. #302 - APN 274-60-010, Sq Ft 1,052. Suites 301 & 302 are technically 2 condos that were to function as one office space with no walls. Current office includes lobby, waiting area, 4 exam rooms, 2 offices, 1 utility room, 1 kitchen, 2 bathrooms and 1 with shower, reception area and storage. HOA fee is $1,050 for both units per month. The doctor is retiring and selling the office. Available at close of escrow. The units are located on the 3rd (top floor).

2039 Forest Avenue Unit 301, San Jose
$7,000,000
ML82060846 MLS ⋅ Active Status
330 Ventura Ave is a stunning 15-unit apartment community located in the thriving city of Palo Alto, California. Situated on a 19,323 square foot parcel of land, the subject property was originally constructed in 1957 and has a gross building area of approximately 8,244 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers tenants convenient amenities such as private parking and on-site laundry. 330 Ventura Ave is situated in one of Palo Alto's most prestigious and highly sought-after neighborhoods. The property benefits from its proximity to Stanford University, a globally recognized institution that contributes to the areas world-class academic, research, and innovation environment. The subject property also offers renters close proximity to many of the nation's top tech employers including Google, Apple, Facebook, Amazon, Varian Medical Systems, SAP, Oracle, Cloudera, Visa, Sony as well as many others. Downtown Palo Alto is also located within close proximity to the subject property and is home to many high-end retail stores and restaurants such as West Elm, NOBU, Restoration Hardware, and several others...

330 Ventura Avenue, Palo Alto
$5,400,000
ML82060826 MLS ⋅ Active Status
318 Cayuga St presents the opportunity to acquire a fully leased multi-tenant office investment in Salinas, California.The two-story office building contains apx 20,212 SF and is situated on apx 11,700 SF parcel zoned Commercial Office (CO).Currently occupied by multiple office users, providing in-place tenancy and immediate income generation.Features include a reinforced concrete foundation, structural steel frame construction, painted wood-sided exterior walls, suspended acoustical tile ceilings, passenger elevator, multiple HVAC zones, fire/smoke alarm systems, covered parking, and a recently installed solar system.Salinas serves as the county seat and regional business hub for the Central Coast, supporting a diverse economy that includes agriculture, healthcare, government services, and manufacturing.Nearby employers include Salinas Valley Memorial Hospital, County offices, and numerous private-sector businesses that contribute to sustained office demand. The offering combines stabilized occupancy, existing cash flow, and a location within an established office market.With a reported market vacancy below 2% at the time of marketing, the asset provides an opportunity to acquire an income-producing property in one of Monterey County's primary employment and business centers.

318 Cayuga Street, Salinas
$8,800,000
ML82060814 MLS ⋅ Active Status
Twenty-three units with rent upside from day one. A rare 23 unit opportunity in the heart of Silicon Valley, minutes from Google, Meta, LinkedIn, Intuit, Stanford University, and Caltrain, with easy access to US 101, CA 85, and CA 237. Built in 1961 on a 0.64 acre lot, this two story, garden style building offers roughly 22,222 square feet, carport parking, and an on site swimming pool. The 23 units average 966 square feet, larger than typical new construction studios and one bedrooms, with a mix of one bedroom, two bedroom, and one townhome style layout. The property is currently fully occupied, with two units vacating at the end of September. Water is master metered and paid by ownership, while gas and electric are individually metered and paid by residents. Rents carry great upside already in motion, with two units scheduled to turn over soon at anticipated rents of $3,400 to $3,700 dollars per month. Close to parks, shopping, dining, and top rated schools, this is a rare, well located asset with a clear path to capturing rent upside without a large renovation budget.

1920 Latham Street, Mountain View
$2,100,000
ML82060762 MLS ⋅ Active Status
317 Ocean Street offers an attractive opportunity to acquire a seven-unit multifamily property in a highly desirable and supply-constrained Santa Cruz rental market. The property consists of five one-bedroom units and two two-bedroom units, providing a diversified unit mix that appeals to a broad tenant base. The property contains approximately 3,700 square feet of rentable building area on an approximately 7,405-square-foot lot and benefits from an established operating history with strong occupancy. Its efficient unit sizes and central Santa Cruz location support consistent rental demand from local professionals, students, and other residents seeking well-located housing. The property also offers opportunities to enhance cash flow over time through rent growth, operational efficiencies, and strategic property improvements.

317 Ocean Street, Santa Cruz

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.