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ChanticleerSanta Cruz, CA 95062

For Sale

$7,250,000

Smart Buyer Rebate $72,500

Rare opportunity to acquire a distinctive 15-unit multifamily community in Santa Cruz's highly desirable Live Oak neighborhood. Situated on approximately 1.41 acres in a quiet private cul-de-sac across from Live Oak Elementary and just 1.5 miles from the beach, this pride-of-ownership property offers a unique townhome-style design with spacious single-story residences. Every unit features a private backyard, while Units 1-14 include an attached one-car garage, private laundry room, and dedicated parking. The property consists of (10) 2BD/1BA units, (4) 1BD/1BA units, and (1) micro 1BD/1BA unit. Recent improvements include a newer roof, dual-pane vinyl windows, and fresh exterior paint. Nearly 30 years of meticulous owner management has resulted in exceptionally low turnover, with several second-generation tenants. Owner pays water, sewer, garbage, and landscaping; tenants pay gas and electricity. Excellent opportunity for investors or owner-operators seeking a stable, well-maintained asset with long-term upside. True 5.0% Cap Rate at the asking price with property taxes adjusted accordingly. Please view vitual tours on MLS. Offering Memorandum available upon request.

Listed by Joel Calvillo

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License #01733780

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KW Bay Area Estates

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408-892-9158

Last updated July 29, 2026

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Source: MLSListings #ML82055928

Listing Facts

  • TypeMulti-family
  • NeighborhoodLive Oak
  • Days on Prevu3
  • Size15,890 sqft
  • Price per sqft$456

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/29/2026
Listed by KW Bay Area Estates
$7,250,000

Property Details for Chanticleer

Association

General

  • Number Of Units In Community: 15

Exterior

Construction

  • Roof: Composition
  • Year Built: 1977

Measurements

  • Building Area Total: 15,890
  • Lot Size Area: 61,643
  • Lot Size Square Feet: 61,643

Financial

Taxes

  • Parcel Number: 029-144-07-000

Interior

Measurements

  • Living Area: 15,890

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached Garage, Off-Street Parking

Schools

Elementary School

  • Elementary School: Live Oak Elementary_1
  • Elementary School District: Live Oak Elementary

High School

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

Middle or Junior School

  • Middle Or Junior School: Shoreline Middle

Utilities

Equipment

  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • 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 Chanticleer.

What schools are nearby to Chanticleer?

Nearby schools include the Live Oak Elementary_1, Shoreline Middle, and Santa Cruz High.

Does this multi-family home have parking?

Yes, there is 1 parking space available for Chanticleer.

How does Chanticleer compare to other multi-family homes in Live Oak?

This multi-family home is listed 70% above the average price for multi-family homes in Live Oak and has been on the market for 112 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 15,890 sqft.

Chanticleer is a -bedroom multi-family home for sale in Santa Cruz CA 95062. Available on Prevu for 3 days at $7,250,000. This home features 15,890 square feet of living space, located in Live Oak. The median listing price for multi-family homes in this area is $1,397,500. Nearby schools include Live Oak Elementary_1, Shoreline Middle, and Santa Cruz High. The home offers pets allowed and parking. Browse more multi-family home listings in California.

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 Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 07/29/2026. 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. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

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.