- $3.7M Price
- .44 Acres
- 23 DOM
704718 Broadway
5.50% Cap Rate // Single-Story Units // Turn-key! 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.
Essential Information
- MLS® #ML82031354
- Price$3,650,000
- Bathrooms0.00
- Acres0.44
- Year Built1939
- TypeCommercial Sale
- StatusActive
Community Information
- Address704718 Broadway
- Area699 - Not Defined
- CitySanta Cruz
- CountySanta Cruz
- Zip Code95062
Amenities
- Parking Spaces9
Interior
- HeatingWall Furnace
Exterior
- RoofComposition, Shingle
School Information
- DistrictOther
- ElementaryOther
- MiddleOther
Additional Information
- Date ListedJanuary 15th, 2026
- Days on Market23
- ZoningR-L Multiple Residence -
Listing Details
- AgentJimmy Castellanos
- OfficeMarcus & Millichap
Jimmy Castellanos, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of February 7th, 2026 at 7:15pm PST. 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, 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.