140 Bay ST, Santa Cruz, CA 95060
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140 Bay ST, Santa Cruz, CA 95060
140 Bay ST, Santa Cruz, CA 95060
140 Bay ST, Santa Cruz, CA 95060
140 Bay ST, Santa Cruz, CA 95060
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Listed by Janet Romanowski • David Lyng Real Estate, DRE#00826867
$ 3,200,000
Est. payment /mo
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Active

140 Bay ST Santa Cruz, CA 95060

1 Bed

1 Bath

5,309 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,309 sqft

Price per Sqft $602

MLS Listing ID ML82040171

Bedrooms 1

Full Baths 1

Year Built 1965

Lot Size 6,882 Sqft

Property Sub-Type Five or More Units

Property Description

Coastal living meets strong investment performance in this exceptional 8-unit property just steps from the beach in a highly sought-after Westside neighborhood. Located half a block from iconic W Cliff Dr, this well-maintained building features 8 one-level, 1BR/1BA, separately metered units. Ground floor units enjoy small outdoor spaces ideal for plants or personal touches, while the upper units capture neighborhood and downtown views. Professionally managed, these units are consistently occupied, offering stable cash flow and long-term investment reliability. With consistent demand in this prime coastal location, it presents both immediate income and upside potential. Upgrades and amenities include a new DuroLast roof in 2021, double pane windows, on-site laundry, bike racks and dedicated off-street parking. A high Walk Score gives residents easy access to the Santa Cruz Wharf, vibrant downtown, and nearby public transit. Just a few blocks away, sandy beaches and world-class surfing at Steamer Lane offers the perfect coastal escape if you choose to keep one unit for yourself. Multi-unit properties like this rarely come to market, making this one a unique opportunity to acquire a prime asset in one of Santa Cruz's most desirable locations. Photos are when units were vacant.

Location

State CA

County Santa Cruz

Area West Santa Cruz

Zoning RT

Rooms

Kitchen Countertop - Formica, Exhaust Fan, Microwave, Oven Range - Electric, Refrigerator

Interior

Heating Wall Furnace

Cooling Ceiling Fan

Flooring Carpet, Laminate

Laundry Coin Operated, Washer / Dryer

Exterior

Parking Features Assigned Spaces, Off-Street Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

Roof Type Other

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions Pets - Allowed

Tax ID 004-081-04

Security Features None

Special Listing Condition Not Applicable


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140 Bay ST