1112 Mission ST, Santa Cruz, CA 95060
- $4,400,000
- 9,144
- SqFt
Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: from
Sold listing courtesy of Jimmy Castellanos from M&MKW
- Sold Price
- $4,400,000
- List Price
- $4,400,000
- Closing Date
- Sep 17, 2024
- MLS#
- ML81976660
- Status
- SOLD
- Sqft. of Residence
- 9,144
- Lot Size
- 42,602
- Listing Area
- West Santa Cruz
- Year Built
- 1938
Property Description
Presenting an exceptional multifamily investment opportunity situated on an expansive one acre lot located at 1112 Mission Street in Santa Cruz, CA. This rare gem features 15 charming cottage-style residential units, including one studio, thirteen one-bedroom and one two-bedroom single-story cottages. The demand for rental housing in Santa Cruz has never been higher, particularly near UC Santa Cruz, which is just over a mile from this property. With a constant influx of students seeking housing, 1112 Mission Street offers a steady stream of potential tenants, ensuring low vacancy rates and consistent rental income. The city's rental market has tightened significantly since the pandemic, with investors witnessing strong rent growth across the board. This trend has been particularly pronounced in areas near the university, where housing options are limited and competition is fierce. The property's location not only attracts students but also appeals to professionals and families, further broadening the pool of potential tenants.
/u.realgeeks.media/sanjoserealestatepro/Header_Logo-min.png){kind=logo}
Additional Information
- Acres
- 0.98
- Age
- 86
- Building Name
- Mission Street Cottages
- Cooling System
- Window / Wall Unit, Other
- Days On Market
- Unknown
- Foundation
- Concrete Perimeter
- Garage Parking
- Carport, Other
- Heating System
- Wall Furnace
- Living Area
- 9,144
- Lot Size
- 42,602
- Neighborhood
- West Santa Cruz
- Other Utilities
- Public Utilities
- Roof
- Composition
- Sewer
- Other
- Unincorporated Yn
- Yes
- Zoning
- PA
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved