Property Detail

119 Clay

Santa Cruz CA 95060

$2,900,000

Status: Active

Property Details

Description

$400,000 PRICE REDUCTION! Offered at $2,900,000, 119 Clay Street presents an opportunity to acquire a 10-unit apartment property in Santa Cruz. The property features a desirable unit mix of eight (8) one-bedroom and two (2) two-bedroom apartments, with an in-place 5.88% cap rate and 10.71 GRM. The property offers strong current income with upside potential through future rent growth in Santa Cruz's competitive rental market.

Map Location

Listing provided courtesy of Mitchell Zurich of Marcus & Millichap. Last updated 2026-10-30 08:38:19.000000. Listing information © 2026 CRMLS.

The Lineup

The Lineup

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