For Sale82d on marketHistoric · 87 yrs
Broadway Santacruz
Santa Cruz, CA, 95062 • 95062 • Santa Cruz County
$3,500,000
$671/sqft
-$150,000 since Mar 19, 2026
2Beds
2Baths
5,213Sqft
0.44 acLot
1939Built
Property DNA
Cottage Style
Built 1939 · 87 years of history
8-Car Garage
Assigned · Detached · Off Street
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 82 days ago · 232 views · 14 saves
Market activity
Demand and pricing signals for this listing
232 views
People checking out this listing
14 saves
Buyers have saved this home
82 days on market
Established listing
$671/sqft
Price per square foot
About this home
Multi Family · Built 1939 · Historic
5.77% Cap Rate // Single-Story Units! Marcus & Millichap is excited to present 704-718 Broadway in Santa Cruz, CA. This unique 9-unit apartment property is situated on an expansive 19,210 square foot lot in the heart of Santa Cruz, offering close proximity to Downtown Santa Cruz, the beach area, and major commuter corridors. The property consists of four duplexes and one single-family home, all single-story, which is a rare find for the area and highly attractive to tenants. All nine units feature one-bedroom floor plans, with seven of the nine units fully renovated (new bathrooms, kitchens, electrical, plumbing), contributing to strong tenant demand and ease of leasing. The property is well-positioned near popular retail and lifestyle amenities along Soquel Avenue, Ocean Street, and Downtown Pacific Avenue, providing convenient access to shopping, dining, coffee shops, and daily necessities.
Standout features identified
Our analysis highlights single-story units, new bathrooms, and one-bedroom floor plans as key attractions of this home.
Estimated monthly payment
Based on current rates
$22,098/month
Principal & Interest$17,432
Property Tax$3,500
Insurance$1,167
Down payment20% ($700,000)
3%50%
Est. 6.36% rate · 30yr fixed · $2,800,000 loan
Full calculator →At a glance
Key facts and listing details
TypeFive Or More Units, Residential Income
Year Built1939
HeatingWall Furnace
CoolingCeiling Fan(s)
Parking8 Garage spaces
Days on Zillow82 Days
Price/sqft$671
Property
Home typeMulti Family
Sub-typeFive Or More Units, Residential Income
StyleCottage
Year built1939
Systems
HeatingWall Furnace
CoolingCeiling Fan(s)
RoofComposition, Shingle
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAssigned, Detached, Off Street
Garage8 spaces
Lot0.44 Acres
Location & Tax
Neighborhood95062
ZoningR-L Multiple Residence -
Parcel01011114000
Features & details
8 categories of property features
Interior Features
Flooring
Hardwood
Vinyl Linoleum
Heating
Wall Furnace
Cooling
Ceiling Fan(s)
Laundry
Coin Operated
Accessibility
None
Exterior Features
Parking
Assigned
Detached
Off Street
Utilities
Water Public
Gas
IndividualGasMeters
Room details
1 room detailed
Kitchen
Countertop_Marble
Listing insights
Market data and value estimates
StatusFor Sale
Days on market82
Est. value$3,335,600
Est. rent$2,944/mo
Tax rate1.10%
Price/sqft$671
On marketJan 15, 2026
PostedJan 15, 2026
MLS updatedMar 19, 2026
Tour days9
Views232
Favorites14
How are the schools in Santa Cruz?
3 schools rated nearby
Location
Santa Cruz, CA, 95062
Price history
4 events
DateEventPrice$/sqftSource
Mar 19, 2026Price Change$3,500,000$671MLSListings Inc
Mar 12, 2026Listed For Sale$3,650,000$700MLSListings Inc
Feb 26, 2026Contingent$3,650,000$700MLSListings Inc
Jan 15, 2026Listed For Sale$3,650,000$700MLSListings Inc
Price Change$3,500,000
Mar 19, 2026•$671/sqft•MLSListings Inc
Listed For Sale$3,650,000
Mar 12, 2026•$700/sqft•MLSListings Inc
Contingent$3,650,000
Feb 26, 2026•$700/sqft•MLSListings Inc
Listed For Sale$3,650,000
Jan 15, 2026•$700/sqft•MLSListings Inc
Nearby homes
Neighborhood details
Local context around this listing
Santa Cruz, CA • Santa Cruz County
Nearby cities
AptosBen LomondBoulder CreekCapitolaFeltonLos GatosSanta CruzScotts Valley
Nearby zip codes
950609506195062950639506495065
Similar homes
Based on information from the MLSListings MLS as of 2026-04-08 00:22:57 PDT. 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.
No obligation · Same-day response