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238 San Lorenzo Blvd
Santa Cruz, CA 95060
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Assumable loan at 3.25% interest with 2.5 years remaining offers immediate financing advantage.
- On-site parking and private storage units for each residence enhance tenant convenience.
- Prime location between Seabright, Downtown, and the Beach Boardwalk ensures consistent tenant demand.
- Five oversized 2-bedroom, 1-bath units with strong rental history and low vacancy.
- Shared laundry facilities generate additional income and operational efficiency.
- Walkable access to Santa Cruz Wharf, surf spots, dining, and entertainment.
Property Facts
| No. Units | 5 | Building Size | 4,368 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | RM | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,368 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | RM |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $3,013 | 873 - 874 |
Property Taxes
| Parcel Number | 007-422-11-000 | Improvements Assessment | $892,415 (2025) |
| Land Assessment | $1,115,519 (2025) | Total Assessment | $2,007,934 (2025) |
Property Taxes
Parcel Number
007-422-11-000
Land Assessment
$1,115,519 (2025)
Improvements Assessment
$892,415 (2025)
Total Assessment
$2,007,934 (2025)
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