$3,500,000

704-718 Broadway, Santa Cruz, CA 95062

5,213 sqft

other
Built in 1939
0.44acre lot
—— car garage
$671/sqft
Listed 2 months ago

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.

Listing Status:: Active
Date Added:: January 15, 2026
Data Last Updated:: April 3, 2026 at 4:06PM
Listing Office:: Marcus & Millichap : 650-391-1700
Listing Agent:: Jimmy Castellanos : 408-483-5040
MLS ID:: ML82031354

Laundry: Coin Operated
Flooring: Hardwood
A/C: Ceiling Fan(s)
Heating: Wall Furnace

Parking: Assigned

Roofing: Shingle

County: Santa Cruz

Zoning: R-L01011114000

This listing courtesy of Jimmy Castellanos , Marcus & Millichap

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Gault Elementary School

1320 Seabright Ave, Santa Cruz, CA, 95062

Grades KG-5

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.