$11,470,000

21661 E Cliff Drive, Santa Cruz CA, 95062

Price per sqft$849.00

Built in1948

Property size13,510 sqft

Property typeCommercial

Listed by Anton Lazarenko CA DRE# 02177813 with eXp Realty of Northern California, Inc. 650-862-3173

Overview

Active

Listed Jan 26, 2026

Updated Aug 11

This garden-style complex features 31 units across 8 buildings, with a mix of 1- and 2-bedroom,1-bath units, and studios. The property offers excellent walkability and bike ability, situated in close proximity to area beaches, East Cliff Drive, Santa Cruz Harbor, and Pleasure Point. The owners have recently completed renovations, including repair work, roofing, landscaping, and flooring between turnovers. This presents an ideal opportunity for an owner/user or an investor to acquire a well-located apartment property with income upside potential through unit renovations and allowable rent increases. The property is a short distance from the Santa Cruz Beach Boardwalk, Santa Cruz Wharf, and the renowned Cowells Beach surf spot. It also includes coin-operated laundry on-site and offers great upside potential with the new downtown Santa Cruz renovation and redevelopment projects currently underway.

Additional information

MLS^® ID: ML82032603

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.64 Acres

Other Property Details

Taxes: $124,966
Tax Frequency: Annually
Maintenance Expense: $4,800

Also listed on MLSLISTINGS

Listed by Anton Lazarenko CA DRE# 02177813 with eXp Realty of Northern California, Inc. 650-862-3173

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/11/2026 at 4:00 AM UTC Last Checked: 4:00 AM UTC