Home | Santa Cruz County | Santa Cruz | 95060 | 520 Chestnut St
MLS: ML82063618 | Status: | Price: $1,799,999
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,192 | 5,053 | 1960 |
Exceptionally well-maintained 5-unit multi-family property perfectly positioned in the vibrant heart of Santa Cruz. This clean, turnkey asset combines steady historical performance with a rare value-add opportunity, making it a standout acquisition. Significant Upside Potential. Currently low, below-market rents that provide a clear runway for an astute investor to boost cash flow. Offered at under $360k per door, this property represents a remarkably cost-effective entry into the highly competitive Santa Cruz Market. Historically low vacancy, anchored by perennially high tenant demand in the local rental market. Situated just blocks from vibrant Downtown Santa Cruz, residents enjoy effortless access to trendy local eateries, boutique shopping, coffee shops, and local entertainment. An ideal spot for students, with seamless transit options and routes heading directly to the UCSC campus. A short drive or bike ride to the world-famous Santa Cruz Beach Boardwalk, the wharf, and iconic local surf spots. Exceptional positioning close to major regional transit arteries, including Highway 1 and Highway 17, ensuring effortless travel over the hill or down the coast.
| Field | Value |
|---|---|
| MLS # | ML82063618 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 0 Car(s) |
| High School District | Santa Cruz City Elementary |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R |
Shawki Farhat
Raeid Farhat Real Estate Inc
License #: 02225210
Phone: (831) 228-9559
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 1/0 | – | – | 3 |
| 2 | – | 2 | 2/0 | – | – | 1 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 136 Market St | $1,785,000 | – | – | 2,250 | Active |
| 1006 Seabright Ave | $1,876,000 | – | – | 2,250 | PendingDoNotShow |
| 317 Ocean St | $2,100,000 | – | – | 3,700 | |
| 323 Liberty St | $1,499,000 | – | – | 1,118 | PendingDoNotShow |
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This listing information is up-to-date as of October 05, 2026. For the most current information, please contact Shawki Farhat, (831) 228-9559.