1450 Merrill ST, SANTA CRUZ, CA 95062

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$3,600,000

bedrooms

bathrooms

square feet

4,260

Acreage

0.298

Open Houses

year built

1956

Full Baths

Half Baths

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This well-maintained 9-unit multifamily complex is an excellent cash-flow opportunity to acquire a stable, long-term asset in a desirable coastal market with a strong rental history. Features 3 separate buildings: a front house with #A (2/1) and #B (1/1); a standalone #C (2/1); and a 6-unit apartment building (1/1). Beautifully landscaped with two outdoor areas, on-site parking, and leased, coin-operated laundry. Prime mid-county location - walking distance to the beach and near Pleasure Point surf and Capitola Village. Close to public transit, shops, and restaurants. 5 %+ cap rate based on current performance. Potential for value-added improvements that can increase rental income over time. Schedule a showing today!

Location
Subdivision	-
County	Santa Cruz
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: ML82010023

Listing status: Active

Listing agent: Paul Bailey #00546781

Listing broker: Bailey Properties (831) 688-7434

Last update: Friday, June 13 2025 at 9:04 p.m. EDT

Kotohomes National