319 Jessie Street, Santa Cruz, CA 95060

• 3 beds |
• 2 baths |
• 1,475 sqft

Property Description

319 Jessie St, Santa Cruz-Turnkey Cash Flow in a Supply-Starved Market. At $4,800/month in current rental income, this East Santa Cruz income property is already working for you from day one. Annualized, that's $57,600 in gross rents on a $1,200,000 ask in a coastal California city where vacancy rates stay historically low and rental demand consistently outpaces supply. The 3-bed, 2-bath single-story home spans 1,475 sq ft on a 5,009 sq ft lot with a 2-car attached garage and parking for up to four vehicles. Long-term tenants are in place, eliminating the typical turnover headache and stabilizing your returns immediately at close. RL zoning adds a layer of upside worth exploring potential for additional density or future development, subject to buyer verification with the City of Santa Cruz. The shared driveway arrangement with neighboring 315 Jessie St. keeps the footprint efficient.Whether you're 1031-exchanging into a low-maintenance hold or anchoring a growing Santa Cruz portfolio, this property delivers the fundamentals: reliable income, a desirable location, and room for long-term appreciation.

Listing Status:

Active

Date Added:

January 13, 2026

Data Last Updated:

April 2, 2026 at 7:17PM

Listing Office:

Coldwell Banker Realty : (831) 688-6461

Listing Agent:

Paul Zech : 831-247-3007

MLS ID:

ML82030981

Interior

• A/C: None
• Heating: Central
• Fireplace: InsertWood Burning StoveFireplace

Exterior

• Parking: Parking spaces: 4

Construction

• Roofing: Composition
• General: 1Concrete Perimeter

Location

• Originating MLS: CRMLS_MLSL
• School District: Other
• County: Santa Cruz

Lot

• Zoning: R-L01055116000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_MLSL