Millman Team Real Estate

$11,470,000
0.64 Acre Lot

21661 E Cliff Drive, Santa Cruz, California 95062

  • Commercial Sale Property Type
  • 1948 Year Built
Property Description

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.

Basic Details
Commercial Sale
For Sale
ML82032603
$11,470,000
1948
0.64 Acre
Active
: Composition
Features
: Forced Air, Wall Furnace, Floor Furnace
8.0
$0
Address Map
CA
Santa Cruz
Santa Cruz
95062
Cliff
21661
Drive
W122° 0' 43.3''
N36° 57' 44.5''
Cross Street: 18th Ave & Portola Drv
699 - Not Defined
E
VA
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
13510
: Level, Corners Marked
2026-01-26
https://youtu.be/v4sTYg-bXrU?si=0zM3V-hrqTmTfufR
: Public
Broker/Agent Information
eXp Realty of Northern California, Inc.
Anton Lazarenko
Financial
124966.0
Listing Information
Tessie Figueroa
ML5074384
ML5010114
K&K Homes Realty
ML5108215
ML5099696
Active
2026-05-04T06:21:51Z
CRMLS
: Standard
2026-01-26T09:29:25Z
Agent info
Ray Millman
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