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$3,500,000 -$150,000 (-4.11%) Price Reduced

  • For Sale
  • Active
  • Commercial Residential Facility
  • 5,213 Sq. Ft.
  • 0.44 Acres
  • Updated 1 day ago
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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.

Full Property Details for 704-718 Broadway

General

  • Price: $3,500,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82031354
  • Updated: 3/19/2026
  • Added to Site: 64 day(s) ago

Interior

  • Flooring: Hardwood, Vinyl / Linoleum

Rooms

Other Rooms

  • Kitchen: Marble Countertop
  • Laundry: Coin-Operated

Additional Information

  • Security/Safety: None

Parking

  • Garage Spaces: 8
  • Parking Features: Assigned Spaces, Detached Garage, Off-Street Parking

Location

  • Area: East Santa Cruz
  • County: Santa Cruz
  • Cross Streets: Ocean View Avenue

Heating & Cooling

  • Cooling Type: Ceiling Fan

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Architectural Style: Cottage
  • Construction: Wood Frame
  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Disability Access: None
  • Square Feet: 5,213
  • Year Built: 1939

Unit Information

Unit 1

  • Square Feet: 550
  • Bedrooms: 1

Unit 2

  • Square Feet: 600
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.44
  • Minimum Lot Size: 19166
  • Building Sites: 5
  • Zoning: R-L Multiple Residence - Low Density

Disclosures and Reports

  • Restrictions: None

Listed by Marcus & Millichap, Jimmy Castellanos

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Listing agent

— 704-718 Broadway —

  • Jimmy Castellanos

    Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 704-718 Broadway Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Price Reduced
$3,500,000
-4.11%
MLS
1/15/2026
Listed
$3,650,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Marcus & Millichap, Jimmy Castellanos

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704-718 Broadway, Santa Cruz, CA 95062 (MLS# ML82031354) is a Commercial Residential Facility property. 704-718 Broadway is currently listed for $3,500,000 and was received on January 15, 2026. Want to learn more about 704-718 Broadway? 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.

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