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$3,200,000

140 Bay Street

Santa Cruz, CA 95060

Active

1965

Year Built

Santa Cruz

County

CommercialSale

Property Type

About this home

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.

Listed by Janet Romanowski · DRE #00826867 · David Lyng Real Estate

MLS #1155865179

ListedMar 25, 2026

Property Details

Architecture

StoriesN/A

StyleN/A

Total UnitsN/A

RoofOther

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingWall Furnace

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total8

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.16 ac

Lot FeaturesN/A

ViewN/A

DirectionsCross Street: W. Cliff

Community

Area699 - Not Defined

School DistrictOther

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$17,032/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 3:15 PM

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