116 W Cliff Dr Santa Cruz, CA 95060
Estimated payment $8,470/month
Highlights
- Very Popular Property
- Ocean View
- Floor Furnace
- Mission Hill Middle School Rated A-
- Tile Flooring
- 5-minute walk to Fun Spot Bike Park
About This Home
Location, location, location! Santa Cruz classic located on iconic West Cliff Dr, this four-unit property has tremendous income potential at full occupancy and is available for the first time in decades. With three units in the main structure and a detached unit with very low vacancy rates, the income stream on this investment property is reliably high. Vintage charm mixed with modern upgrades in some of the units leaves room for value-add potential and provides comfortable housing for those seeking coastal living. One short block from the Boardwalk, the Wharf, Main Beach, Depot Park, and The Dream Inn, and conveniently close to many area shops, restaurants, and amenities. Agents, please see private remarks.
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Lot Details
- 5,009 Sq Ft Lot
Home Design
- Quadruplex
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,151 Sq Ft Home
- Ocean Views
- Oven or Range
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- Low Flow Toliet
- Low Flow Shower
Parking
- 4 Parking Spaces
- No Garage
- Off-Street Parking
Utilities
- Floor Furnace
- Wall Furnace
- Heating System Uses Gas
Listing and Financial Details
Community Details
Overview
- 2,151 Sq Ft Building
Building Details
- 3 Leased Units
- Gardener Expense $1,000
- Insurance Expense $2,000
- Maintenance Expense $2,000
- Manager Expense $10,176
- Operating Expense $16,239
- Gross Income $120,840
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $945 | $41,467 | $24,684 | $16,783 |
| 2023 | $939 | $39,858 | $23,726 | $16,132 |
| 2022 | $933 | $39,075 | $23,260 | $15,815 |
| 2021 | $923 | $38,309 | $22,804 | $15,505 |
| 2020 | $919 | $37,916 | $22,570 | $15,346 |
| 2019 | $892 | $37,173 | $22,128 | $15,045 |
| 2018 | $887 | $36,444 | $21,694 | $14,750 |
| 2017 | $881 | $35,730 | $21,268 | $14,462 |
| 2016 | $857 | $35,029 | $20,851 | $14,178 |
| 2015 | $732 | $34,503 | $20,538 | $13,965 |
| 2014 | $725 | $33,827 | $20,136 | $13,691 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | For Sale | $1,600,000 | -- | $744 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: MLSListings
MLS Number: ML82028659
APN: 004-311-06-000
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