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$2,138,899
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Property Description
NEW PRICE! Assumable Loan at 3.25% for next 2.5 years. High-Quality Investment in a Prime Santa Cruz Location! Ideally situated between the Seabright neighborhood, the Beach Boardwalk, and Downtown Santa Cruz, this property offers an exceptional investment opportunity in one of the areas most desirable rental markets. Featuring five oversized 2-bedroom, 1-bath units, the property boasts excellent rental history with low vacancy, appealing to both long-term tenants and their guests. Each unit offers abundant natural light and functional floor plans, creating a bright and comfortable living environment. Additional highlights include on-site parking for all units, storage units for each unit, and on-site laundry facilities generating additional income. Fantastic location just steps from the Santa Cruz Wharf, world-class surf spots, the Boardwalk, and Downtown amenities.
Full Property Details
Full Property Details for 238 San Lorenzo Blvd
General
- Sold For: $2,138,899
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82029569
- Added to Site: 154 day(s) ago
Rooms
Other Rooms
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Parking Features: Assigned Spaces, Carport , Drive-Through, Off-Street Parking
Location
- Area: East Santa Cruz
- County: Santa Cruz
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Sewer Connected
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
- Metering: Master Electric, Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Slab
- Roof: Flat / Low Pitch, Tar and Gravel
- Disability Access: None
- Square Feet: 4,368
- Year Built: 1964
Unit Information
Unit 1
- Square Feet: 873
- Bedrooms: 2
Unit 2
- Square Feet: 874
- Bedrooms: 2
Unit 3
- Square Feet: 874
- Bedrooms: 2
Unit 4
- Square Feet: 874
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.154
- Minimum Lot Size: 6708
- Building Sites: 1
- Zoning: Multi Unit
Disclosures and Reports
- Restrictions: None
Listed by KW Bay Area Estates, Scott C. Poncetta
Sold by Shgm15, Sylvia So-Yi Wong
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Schools
Schools serving 238 San Lorenzo Blvd
| Name | Grades | Distance |
|---|---|---|
Gault Elementary School 1320 Seabright Avenue, Santa Cruz, CA 95062 | K-5 | 0.9 mi |
Mission Hill Middle School 425 King Street, Santa Cruz, CA 95060 | 7-8 | 0.9 mi |
Santa Cruz High School 415 Walnut Avenue, Santa Cruz, CA 95060 | 9-12 | 0.6 mi |
Harbor High School 300 La Fonda Avenue, Santa Cruz, CA 95062 | 9-12 | 2 mi |
Soquel High School 401 Soquel San Jose Road, Soquel, CA 95073 | 9-12 | 3.7 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 238 San Lorenzo Blvd
Date
Details
Price
Change
Source
4/08/2026
Sold
$2,138,899
-6.8%
MLS
12/16/2025
Listed
$2,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
238 San Lorenzo Blvd, Santa Cruz, CA 95060 (MLS# ML82029569) is a Commercial Residential Facility property that was sold at $2,138,899 on April 08, 2026. Want to learn more about 238 San Lorenzo Blvd? 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.

