Share this with your friends
+14155184459
Bailey Properties
704-718 Broadway, Santa Cruz, CA 95062
- $3,100,000
- 5,213
- SqFt
Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: from
Sold listing courtesy of Jimmy Castellanos from M&MKW
- Sold Price
- $3,100,000
- List Price
- $3,500,000
- Closing Date
- May 04, 2026
- MLS#
- ML82031354
- Status
- SOLD
- Sqft. of Residence
- 5,213
- Lot Size
- 19,166
- Listing Area
- East Santa Cruz
- Year Built
- 1939
Property Description
5.77% Cap Rate // Single-Story Units! 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.
/u.realgeeks.media/mbaronrealestate/Square_Logo.png){kind=logo}
Additional Information
- Acres
- 0.44
- Cooling System
- Ceiling Fan
- Floor Covering
- Hardwood, Vinyl / Linoleum
- Foundation
- Concrete Perimeter
- Garage Parking
- Assigned Spaces, Detached Garage, Off-Street Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 5,213
- Lot Size
- 19,166
- Neighborhood
- East Santa Cruz
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public
- Style
- Cottage
- Zoning
- R-L Multiple Residence - Low Density
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved