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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Sage Goncharoff, DRE #02023630 • eXp Realty of California Inc

$ 2,499,000

Est. payment | -/mo

8 Beds

5 Baths

4,178 SqFt

Save

$ 2,499,000

Est. payment | -/mo

Save

8 Beds

5 Baths

4,178 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,178 sqft

Price per Sqft $598

MLS Listing ID ML82055141

Style Cabin,Cottage,Rustic

Bedrooms 8

Full Baths 5

Year Built 1950

Lot Size 0.709 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

Nestled among the towering redwoods of the San Lorenzo Valley, this rare 8-unit multifamily property boasts excellent rental history with low vacancy, appealing to long-term tenants, and offers the fundamentals a thoughtful investor looks for: high occupancy, high income potential, and a desirable location for easy access to highways and public transportation. Versatility of units makes this great for buyers searching for solid investment return: live in one, rent the others, or a community compound. Property has been well-maintained by the current owner. Set on a bright and sunny flat lot with one new roof, repairs, and painting completed in 2026. The property features a mix of 1- and 2-bed cottages, two 2-bed apartments, 3 studio apartments, and a 3-bed/2-bath house, with inviting front porches, vibrant exterior finishes, and a peaceful, community-oriented layout that tenants love, with the opportunity to create a large raised-bed garden. Additional highlights include on-site parking for all units and a large garage for storage and extra income potential. With the flexible unit mix and upside potential, this is an exceptional opportunity for investors seeking immediate cash flow and long-term appreciation in one of the most desirable and supply-constrained rental markets in CA.

Location

State CA

County Santa Cruz

Area Ben Lomond

Zoning R-1-15

Interior

Heating Central Forced Air, Gas, Wall Furnace

Cooling None

Flooring Laminate, Tile, Vinyl / Linoleum

Laundry Washer/Dryer - Some Units

Exterior

Parking Features Off-Street Parking

Garage Spaces 10.0

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

View Forest / Woods

Roof Type Shingle

Building

Lot Description Grade - Mostly Level

Foundation Concrete Perimeter, Post and Pier

Sewer Septic Standard

Water Public

Architectural Style Cabin, Cottage, Rustic

Others

Tax ID 078-083-12-000

Special Listing Condition Not Applicable

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

Address not disclosed Ben Lomond, CA 95005