Property Details
About this Property
5.50% Cap Rate // Single-Story Units // Turn-key! Marcus & Millichap is excited to present 704-718 Broadway in Santa Cruz, CA. This unique 9-unit apartment property is situated on an expansive 19,210 square foot lot in the heart of Santa Cruz, offering close proximity to Downtown Santa Cruz, the beach area, and major commuter corridors. The property consists of four duplexes and one single-family home, all single-story, which is a rare find for the area and highly attractive to tenants. All nine units feature one-bedroom floor plans, with seven of the nine units fully renovated (new bathrooms, kitchens, electrical, plumbing), contributing to strong tenant demand and ease of leasing. The property is well-positioned near popular retail and lifestyle amenities along Soquel Avenue, Ocean Street, and Downtown Pacific Avenue, providing convenient access to shopping, dining, coffee shops, and daily necessities.
MLS Listing Information
MLS #
ML82031354
MLS Source
MLSListings, Inc.
Days on Site
4
Interior Features
Kitchen
Countertop - Marble
Flooring
Hardwood, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
Ceiling Fan
Heating
Wall Furnace
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Style
Cottage
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Detached, Off-Street Parking, Garage: 8 Car(s)
High School District
Santa Cruz City Elementary
Sewer
Public Sewer
Water
Public
Zoning
R-L Multiple Residence -
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 8 | 9 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 550 | 1 | 1/0 | $2,600 | $2,995 | 8 |
| 2 | 600 | 1 | 1/0 | $2,950 | $3,100 | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
704-718 Broadway is a Residential Income in Santa Cruz, CA 95062. This 5,213 square foot property sits on a 0.44 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,650,000 and was built in 1939. This address can also be written as 704-718 Broadway, Santa Cruz, CA 95062.
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This listing information is up-to-date as of January 15, 2026. For the most current information, please contact Jimmy Castellanos, (408) 483-5040
