CA
Santa Cruz
SANTA CRUZ
95060
257 High Street
257 High Street, SANTA CRUZ, CA 95060
Share Listing
Listing Type
Multi Family
Listing Status
Active
35
$2,480,000

Home Details for 257 High Street

Price
$2,480,000
Type
Residential Income
Square feet
3978
Year built
1953
County
Santa Cruz
MLS Listing#
ML82051773
Listed By: Compass - 650-462-1111
Listed By: Anson Ip
Property Description

Rare UCSC-area investment opportunity in one of Santa Cruz's strongest rental markets. Ideally located steps from the UCSC bus line, this professionally managed, fully occupied fourplex is well suited for UCSC students, faculty, and staff. Residents enjoy easy access to campus, Downtown Santa Cruz, West Cliff Drive, and the Santa Cruz Beach Boardwalk, all just 1.5 miles from the ocean. The property features 4 spacious 2-bedroom, 1-bath units, each approximately 950 square feet, totaling 8 bedrooms and 4 bathrooms across approximately 3,800 square feet. Floor plans may offer potential for conversion to 3-bedroom configurations for increased income. Comparable 3-bedroom rentals near UCSC may command approximately $4,500-$5,500 per month. Buyer to verify feasibility. Amenities include on-site laundry, separate gas meters, 2 carports, 4 additional off-street parking spaces, and abundant street parking. New water heaters were installed in 2025. The property offers strong rental history, stable cash flow, and generates approximately $186,000 in annual gross income. Potential DSCR financing available.

Property Features
  • Parking
    • Assigned
    • Off Site
    • Tandem
  • Cooling Information
    • None
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
School Information
School Information for 257 High Street, SANTA CRUZ, CA 95060
Elementary School
Westlake Elementary
Middle School
Mission Hill
High School
N/A
MLSListings logo The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Internet Data Exchange adn detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS. 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. Copyright 2026 MLSListings Inc. All rights reserved.

IDX display powered by Constellation Web Solutions
Last Updated: 2026-07-24 18:30:23
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from MLSListings.
EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
Request more details
Code: