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$3,200,000
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Property Description
Coastal living meets strong investment performance in this exceptional 8-unit property just steps from the beach in a highly sought-after Westside neighborhood. Located half a block from iconic W Cliff Dr, this well-maintained building features 8 one-level, 1BR/1BA, separately metered units. Ground floor units enjoy small outdoor spaces ideal for plants or personal touches, while the upper units capture neighborhood and downtown views. Professionally managed, these units are consistently occupied, offering stable cash flow and long-term investment reliability. With consistent demand in this prime coastal location, it presents both immediate income and upside potential. Upgrades and amenities include a new DuroLast roof in 2021, double pane windows, on-site laundry, bike racks and dedicated off-street parking. A high Walk Score gives residents easy access to the Santa Cruz Wharf, vibrant downtown, and nearby public transit. Just a few blocks away, sandy beaches and world-class surfing at Steamer Lane offers the perfect coastal escape if you choose to keep one unit for yourself. Multi-unit properties like this rarely come to market, making this one a unique opportunity to acquire a prime asset in one of Santa Cruz's most desirable locations. Photos are when units were vacant.
Full Property Details
Full Property Details for 140 Bay St
General
- Price: $3,200,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82040171
- Updated: 3/31/2026
- Added to Site: 9 day(s) ago
Interior
- Flooring: Carpet, Laminate
Rooms
Other Rooms
- Kitchen: Formica Countertop, Exhaust Fan, Microwave, Electric Oven/Range, Refrigerator
- Laundry: Coin-Operated, Washer / Dryer
Additional Information
- Security/Safety: None
Parking
- Parking Features: Assigned Spaces, Off-Street Parking
Location
- Area: West Santa Cruz
- County: Santa Cruz
- Cross Streets: W. Cliff
Heating & Cooling
- Cooling Type: Ceiling Fan
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter
- Roof: Other
- Disability Access: None
- Square Feet: 5,309
- Year Built: 1965
Unit Information
Unit 1
- Square Feet: 662
- Bedrooms: 1
Lot Features
- Minimum Lot Size: 6882
- Building Sites: 1
- Zoning: RT
Disclosures and Reports
- Restrictions: Pets Allowed
Listed by David Lyng Real Estate, Janet Romanowski
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Schools
Schools serving 140 Bay St
School District:Santa Cruz City Elementary School District
| Name | Grades | Distance |
|---|---|---|
Bay View Elementary School 1231 Bay Street, Santa Cruz, CA 95060 | K-5 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 140 Bay St
Date
Details
Price
Change
Source
3/25/2026
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 140 Bay St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,590
8%
$1,982,600
4%
2023
$21,780
1%
$1,905,614
2%
2022
$21,535
2%
$1,868,249
2%
2021
$21,086
1%
$1,831,617
1%
2020
$20,920
2%
$1,812,835
2%
2019
$20,484
1%
$1,777,290
2%
2018
$20,250
1%
$1,742,441
2%
2017
$19,990
6%
$1,708,274
2%
2016
$18,880
3%
$1,674,779
2%
2015
$18,247
2%
$1,649,622
2%
2014
$17,936
—
$1,617,309
—
2013
$18,007
—
$1,610,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 140 Bay St
140 Bay St, Santa Cruz, CA 95060 (MLS# ML82040171) is a Commercial Residential Facility property. 140 Bay St is currently listed for $3,200,000 and was received on March 25, 2026. Want to learn more about 140 Bay St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Santa Cruz? You can browse all Santa Cruz real estate or contact a Coldwell Banker agent to request more information.

