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FresnoSanta Cruz, CA 95062

For Sale

$4,245,000

Smart Buyer Rebate $42,450

EXCELLENT OPPORTUNITY WHETHER A DEVELOPER OR AN INVESTOR. 2651-2661 Fresno Street is a rare jewel in the heart of Santa Cruz's coveted 26th Ave neighborhood, just 0.3 miles from the beach & surrounded by the coastal lifestyle that makes this pocket so desirable. For a developer, the opportunity is exceptional: feasibility study recommends redevelopment into 3-story townhomes, w/ Option A identifying a 13-unit townhouse concept utilizing State Density Bonus Laws. While pursuing entitlements, the property offers the rare advantage of in-place income, generating $26,000+ per month from 8 updated, fully leased residential units.
For an investor, the existing asset is equally compelling. The upside or future opportunity to secure cash flow & retain the upside to sell, entitle or develop for add'l value. The property has updated kitchens & baths, private fenced-in yards, large common area w/ chairs & fire pit, fresh exterior paint & new landscaping, separate gas & electrical meters, 2 laundry rooms w/ app-operated payment, 8 carports & 10 onsite parking. In a market defined by limited housing supply, strong rental demand & exceptional beach proximity, Fresno Street offers immediate income today w/ a seductive path toward future upside tomorrow. Enjoy!

Listed by Helen Pastorino

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License #00612357

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Pertria

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408-930-6244

Listed by Chris Crego

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License #02074134

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Pertria

Last updated July 20, 2026

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Source: MLSListings #ML82053491

Listing Facts

  • TypeMulti-family
  • NeighborhoodLive Oak
  • Days on Prevu24
  • Size6,656 sqft
  • Price per sqft$638

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/08/2026
Listed by Pertria
$4,245,000

Property Details for Fresno

Association

Amenities

  • Association Amenities: Common Utility Room

General

  • Number Of Units In Community: 8

Exterior

Construction

  • Roof: Composition, Fiberglass, Shingle, Bitumen
  • Year Built: 1970

Measurements

  • Building Area Total: 6,656
  • Lot Features: Grade - Level
  • Lot Size Acres: 0.69
  • Lot Size Area: 30,056
  • Lot Size Square Feet: 30,056

Financial

Taxes

  • Parcel Number: 028-263-50-000

Interior

Features

  • Appliances: Exhaust Fan, Hood Over Range, Oven Range - Electric, Washer/Dryer
  • Flooring: Carpet, Tile, Vinyl/Linoleum

Measurements

  • Living Area: 6,656

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned Spaces, Carport, On Street, Parking Restrictions
  • Parking Total: 10

Schools

Elementary School

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

High School

  • High School: Soquel 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: 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 Fresno.

What schools are nearby to Fresno?

Nearby schools include the Del Mar Elementary_1, Shoreline Middle, and Soquel High.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for Fresno.

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

This multi-family home is listed 1% below the average price for multi-family homes in Live Oak and has been on the market for 91 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 6,656 sqft.

Fresno is a -bedroom multi-family home for sale in Santa Cruz CA 95062. Listed on Prevu for 24 days at $4,245,000. This property features 6,656 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 Del Mar Elementary_1, Shoreline Middle, and Soquel High. The home offers pets allowed and parking. Explore 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 07/20/2026. 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.