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$2,399,000

10040 Highway 9

Ben Lomond, CA 95005

Active

1950

Year Built

Santa Cruz

County

CommercialSale

Property Type

About this home

Nestled among the towering redwoods of the San Lorenzo Valley, this 8-unit multifamily property has 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.

Listed by Sage Goncharoff · DRE #02023630 · Action Properties Inc

MLS #1178802072

ListedAug 3, 2026

Property Details

Architecture

StoriesN/A

StyleN/A

Total UnitsN/A

RoofShingle

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingNone

HeatingCentral, Wall Furnace

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total10

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.71 ac

Lot FeaturesN/A

ViewN/A

DirectionsNorth on State Route 9 from Santa Cruz to Ben Lomond, just past the downtown area, on the right-hand side, at the corner of Jacobson Lane. Cross Street: Jacobson Lane

Community

Area699 - Not Defined

School DistrictOther

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$12,768/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 6:15 PM

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