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228 Highland Ave
Santa Cruz, CA 95060
 Multifamily Property For Sale · 4 Units

Apartment Buildings California Santa Cruz 228 Highland Ave, Santa Cruz, CA 95060

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Investment Highlights

  • GREAT location to UCSC, downtown, beach and bus route
  • High Demand Rental Area
  • NICE layout - possible to convert to 3 bedroom unit instead, income potential

Property Facts

Price Per Unit $620,000 Building Class C
Sale Type Investment Lot Size 0.13 AC
Cap Rate 4.80% Building Size 3,978 SF
No. Units 4 Average Occupancy 100%
Property Type Multifamily No. Stories 2
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
 Year Built/Renovated 1953/2024
Apartment Style Low-Rise Parking Ratio 1.01/1,000 SF
Price Per Unit $620,000
Sale Type Investment
Cap Rate 4.80%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 3,978 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1953/2024
Parking Ratio 1.01/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Heating
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Family Room
  • Large Bedrooms

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $4,000 950

Property Taxes

Parcel Number 006-171-34-000 Improvements Assessment $785,502
Land Assessment $1,284,894 Total Assessment $2,070,396

Property Taxes

Parcel Number
006-171-34-000
Land Assessment
$1,284,894
Improvements Assessment
$785,502
Total Assessment
$2,070,396
 

  • Listing ID: 41428062

  • Date on Market: 7/24/2026

  • Last Updated:

  • Address: 228 Highland Ave, Santa Cruz, CA 95060

The Westside Multifamily Property at 228 Highland Ave, Santa Cruz, CA 95060 is currently available. Contact Kw Thrive Santa Cruz for more information.

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228 Highland Ave, Santa Cruz, CA for sale Primary Photo- Image 1 of 3
Easy Rental NEAR UCSC Main bus route
228 Highland Ave, Santa Cruz, CA for sale Building Photo- Image 2 of 3
NICE layout
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