157 Lee Street is a charming and well-located community situated in the city of Santa Cruz, California. This apartment complex has been meticulously well-maintained and properly managed by the current ownership. Situated 2.5 miles from the famous Santa Cruz Beach Boardwalk, 157 Lee Street offers an investor or resident an easily accessible location, a desirable unit-mix, a flexible rent controlled market, and a location that will benefit new investors with consistent cash flow and asset appreciation for many years to come. Additionally, this community has a net rentable square footage of 3,072 (per county records) and accommodates an attractive unit-mix of four two bedroom/one-bath units. Santa Cruz is considered a major city along the California Pacific Coast and will continue to expand its economic and social infrastructure due to close proximity to major technology and agricultural institutions in Northern California.
Sold for $1,800,000 on 09/12/22
$1,800,000
157 Lee St, Santa Cruz, CA 95060
--beds
--baths
3,072sqft
Quadruplex,
Built in 1972
-- sqft lot
$1,876,800 Zestimate®
$586/sqft
$4,868 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 24, 2025 at 04:25am
Listed by:
Jimmy Castellanos 02024152 408-483-5040,
Marcus & Millichap
Bought with:
Monica Yeung, 01225247
Just Global Inc.
Source: MLSListings Inc,MLS#: ML81897700

Facts & features
Interior
Heating
- Wall Furnace
Cooling
- None
Features
- Doors: None
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
Property
Parking
- Total spaces: 4
- Parking features: Covered, On Street
- Carport spaces: 4
Accessibility
- Accessibility features: None
Lot
- Size: 7,579 sqft
Details
- Parcel number: 00809334000
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex,
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1972
Utilities & green energy
- Gas: IndividualGasMeters
- Water: Water On Site
- Utilities for property: Individual Electric Meters, Individual Gas Meters
Community & neighborhood
Location
- Region: Santa Cruz
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,876,800
2% more+ $37,536
With Zillow Showcase(estimated)
$1,914,336