Home | Santa Cruz County | Ben Lomond | 95005 | Address Not Disclosed
MLS: ML82055141 | Status: | Price: $2,499,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,178 | 0.709 | 1950 |
Nestled among the towering redwoods of the San Lorenzo Valley, this rare 8-unit multifamily property boasts excellent rental history with low vacancy, appealing to long-term tenants, and offers the fundamentals a thoughtful investor looks for: high occupancy, high income potential, and a desirable location for easy access to highways and public transportation. Versatility of units makes this great for buyers searching for solid investment return: live in one, rent the others, or a community compound. Property has been well-maintained by the current owner. Set on a bright and sunny flat lot with one new roof, repairs, and painting completed in 2026. The property features a mix of 1- and 2-bed cottages, two 2-bed apartments, 3 studio apartments, and a 3-bed/2-bath house, with inviting front porches, vibrant exterior finishes, and a peaceful, community-oriented layout that tenants love, with the opportunity to create a large raised-bed garden. Additional highlights include on-site parking for all units and a large garage for storage and extra income potential. With the flexible unit mix and upside potential, this is an exceptional opportunity for investors seeking immediate cash flow and long-term appreciation in one of the most desirable and supply-constrained rental markets in CA.
| Field | Value |
|---|---|
| MLS # | ML82055141 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Appliances | Washer/Dryer - Some Units |
| Flooring | Laminate, Tile, Vinyl/Linoleum |
| Cooling | None |
| Heating | Central Forced Air, Gas, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Shingle |
| Foundation | Concrete Perimeter, Pillar/Post/Pier |
| Style | Cabin, Cottage, Rustic |
| Feature | Details |
|---|---|
| Garage/Parking | Off-Street Parking, Garage: 0 Car(s) |
| Elementary District | San Lorenzo Valley Unified |
| High School District | San Lorenzo Valley Unified |
| Water | Public |
| Complex Amenities | Other |
| Zoning | R-1-15 |
Sage Goncharoff
eXp Realty of California Inc
License #: 02023630
Phone: (831) 440-7831
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 4 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,228 | 3 | 2/0 | – | $4,500 | 1 |
| 2 | 402 | 2 | 1/0 | – | $1,825 | 1 |
| 3 | 394 | 1 | 1/0 | – | $1,800 | 1 |
| 4 | 700 | 2 | 1/0 | – | $2,975 | 2 |
| 5 | 250 | 1 | 1/0 | – | $1,350 | 3 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| San Lorenzo Valley Elementary School | public | K-5 | 2.17 mi | 6 |
| San Lorenzo Valley Middle School | public | 6-8 | 2.20 mi | 6 |
| Ludlow Preschool | public | UG | 2.33 mi | N/A |
| San Lorenzo Valley High School | public | 9-12 | 2.35 mi | 8 |
| Boulder Creek Elementary School | public | K-5 | 2.57 mi | 9 |
| Bonny Doon Elementary School | public | K-6 | 3.63 mi | 6 |
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This listing information is up-to-date as of August 04, 2026. For the most current information, please contact Sage Goncharoff, (831) 440-7831.