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BaySanta Cruz, CA 95060

For Sale

$3,200,000

Smart Buyer Rebate $32,000

Coastal living meets strong investment performance in this exceptional 8-unit property just steps from the beach in a highly sought-after Westside neighborhood. Located half a block from iconic W Cliff Dr, this well-maintained building features 8 one-level, 1BR/1BA, separately metered units. Ground floor units enjoy small outdoor spaces ideal for plants or personal touches, while the upper units capture neighborhood and downtown views. Professionally managed, these units are consistently occupied, offering stable cash flow and long-term investment reliability. With consistent demand in this prime coastal location, it presents both immediate income and upside potential. Upgrades and amenities include a new DuroLast roof in 2021, double pane windows, on-site laundry, bike racks and dedicated off-street parking. A high Walk Score gives residents easy access to the Santa Cruz Wharf, vibrant downtown, and nearby public transit. Just a few blocks away, sandy beaches and world-class surfing at Steamer Lane offers the perfect coastal escape if you choose to keep one unit for yourself. Multi-unit properties like this rarely come to market, making this one a unique opportunity to acquire a prime asset in one of Santa Cruz's most desirable locations. Photos are when units were vacant.

Listed by Janet Romanowski

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License #00826867

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David Lyng Real Estate

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831-359-5454

Last updated March 31, 2026

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Source: MLSListings #ML82040171

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown Santa Cruz
  • Days on Prevu38
  • Size5,309 sqft
  • Price per sqft$603

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

03/25/2026
Listed by David Lyng Real Estate
$3,200,000

Property Details for Bay

Association

General

  • Number Of Units In Community: 8

Exterior

Construction

  • Roof: Other
  • Year Built: 1965

Measurements

  • Building Area Total: 5,309
  • Lot Size Area: 6,882
  • Lot Size Square Feet: 6,882

Financial

Taxes

  • Parcel Number: 004-081-04

Interior

Features

  • Appliances: Exhaust Fan, Microwave, Oven Range - Electric, Washer/Dryer
  • Flooring: Carpet, Laminate

Measurements

  • Living Area: 5,309

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned Spaces, Off-Street Parking
  • Parking Total: 8

Schools

Elementary School

  • Elementary School: Bay View Elementary_2

High School

  • High School: Santa Cruz High
  • High School District: Santa Cruz City High

Middle or Junior School

  • Middle Or Junior School: Mission Hill

Utilities

Equipment

  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at Bay.

What schools are nearby to Bay?

Nearby schools include the Bay View Elementary_2, Mission Hill Middle School, and Santa Cruz High.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for Bay.

How does Bay compare to other multi-family homes in Downtown Santa Cruz?

This multi-family home is listed 26% below the average price for multi-family homes in Downtown Santa Cruz and has been on the market for 49 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,309 sqft.

Bay is a -bedroom multi-family home for sale in Santa Cruz CA 95060. On Prevu for 38 days at $3,200,000. This residence features 5,309 square feet of living space, located in Santa Cruz. The median listing price for multi-family homes in this area is $1,850,000. Nearby schools include Bay View Elementary_2, Mission Hill Middle School, and Santa Cruz High. Additional amenities include pets allowed and parking. View other multi-family home listings in Santa Cruz.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.