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Chestnut, Santa Cruz CA 95060
Chestnut, Santa Cruz CA 95060
California>Santa Cruz>Downtown Santa Cruz

ChestnutSanta Cruz, CA 95060

For Sale

$1,799,999

Smart Buyer Rebate $18,000

Exceptionally well-maintained 5-unit multi-family property perfectly positioned in the vibrant heart of Santa Cruz. This clean, turnkey asset combines steady historical performance with a rare value-add opportunity, making it a standout acquisition. Significant Upside Potential. Currently low, below-market rents that provide a clear runway for an astute investor to boost cash flow. Offered at under $360k per door, this property represents a remarkably cost-effective entry into the highly competitive Santa Cruz Market. Historically low vacancy, anchored by perennially high tenant demand in the local rental market. Situated just blocks from vibrant Downtown Santa Cruz, residents enjoy effortless access to trendy local eateries, boutique shopping, coffee shops, and local entertainment. An ideal spot for students, with seamless transit options and routes heading directly to the UCSC campus. A short drive or bike ride to the world-famous Santa Cruz Beach Boardwalk, the wharf, and iconic local surf spots. Exceptional positioning close to major regional transit arteries, including Highway 1 and Highway 17, ensuring effortless travel over the hill or down the coast.

Listed by Shawki Farhat

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License #02225210

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Raeid Farhat Real Estate Inc

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831-228-9559

Last updated October 05, 2026

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Source: MLSL #ML82063618

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown Santa Cruz
  • Days on Prevu26
  • Size4,192 sqft
  • Price per sqft$429

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

10/05/2026
Listed by Raeid Farhat Real Estate Inc
$1,799,999
  1. 10/05/2026$1,799,999
    Listed by Raeid Farhat Real Estate Inc

Property Details for Chestnut

Association

General

  • Number Of Units In Community: 5

Exterior

Construction

  • Roof: Composition
  • Year Built: 1960

Measurements

  • Building Area Total: 4,192
  • Lot Size Area: 5,053
  • Lot Size Square Feet: 5,053

Financial

Taxes

  • Parcel Number: 005-071-21-000

Interior

Measurements

  • Living Area: 4,192

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned Spaces
  • Parking Total: 4

Schools

High School

  • High School District: Santa Cruz City Elementary

Utilities

Equipment

  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: 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 Chestnut.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for Chestnut.

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

This multi-family home is listed 35% below the average price for multi-family homes in Downtown Santa Cruz and has been on the market for 82 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 4,192 sqft.

Chestnut is a -bedroom multi-family home for sale in Santa Cruz CA 95060. Listed on Prevu for 26 days at $1,799,999. This residence features 4,192 square feet of living space, located in Downtown Santa Cruz. The median listing price for multi-family homes in this area is $1,263,944. Additional amenities include pets allowed and parking. Browse more multi-family home listings in Santa Cruz.

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 10/05/2026. 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. Data Services by Constellation Data Labs. 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.