Home | Santa Cruz County | Santa Cruz | 95062 | 2651-2661 Fresno St
2651-2661 Fresno St, Santa Cruz, CA 95062
MLS: ML82053491 | Status: | Price: $4,245,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Acres Lot |
Yr Built |
| – |
– |
6,656 |
0.69 |
1970 |
EXCELLENT OPPORTUNITY WHETHER A DEVELOPER OR AN INVESTOR. 2651-2661 Fresno Street is a rare jewel in the heart of Santa Cruz's coveted 26th Ave neighborhood, just 0.3 miles from the beach & surrounded by the coastal lifestyle that makes this pocket so desirable. For a developer, the opportunity is exceptional: feasibility study recommends redevelopment into 3-story townhomes, w/ Option A identifying a 13-unit townhouse concept utilizing State Density Bonus Laws. While pursuing entitlements, the property offers the rare advantage of in-place income, generating $26,000+ per month from 8 updated, fully leased residential units.
For an investor, the existing asset is equally compelling. The upside or future opportunity to secure cash flow & retain the upside to sell, entitle or develop for add'l value. The property has updated kitchens & baths, private fenced-in yards, large common area w/ chairs & fire pit, fresh exterior paint & new landscaping, separate gas & electrical meters, 2 laundry rooms w/ app-operated payment, 8 carports & 10 onsite parking. In a market defined by limited housing supply, strong rental demand & exceptional beach proximity, Fresno Street offers immediate income today w/ a seductive path toward future upside tomorrow. Enjoy!
| Field |
Value |
| MLS # |
ML82053491 |
| MLS Source |
MLSListings, Inc. |
| Days on Site |
0 |
Features
Interior Features
| Feature |
Details |
| Kitchen |
220 Volt Outlet, Exhaust Fan |
| Appliances |
Exhaust Fan, Hood Over Range, Oven Range - Electric, Washer/Dryer |
| Flooring |
Carpet, Tile, Vinyl/Linoleum |
| Cooling |
None |
| Heating |
Wall Furnace |
Exterior Features
| Feature |
Details |
| Roof |
Composition, Fiberglass, Shingle, Bitumen |
| Foundation |
Slab |
| Feature |
Details |
| Garage/Parking |
Assigned Spaces, Carport, On Street, Parking Restrictions, Garage: 0 Car(s) |
| Elementary District |
Live Oak Elementary |
| High School District |
Santa Cruz City High |
| Sewer |
Public Sewer |
| Water |
Public |
| Complex Amenities |
Common Utility Room |
| Zoning |
RM-5-PP |
| Listing Agent |
Co-Listing Agent |
| Helen Pastorino |
Chris Crego |
| Pertria |
|
| License #: 00612357 |
License #: 02074134 |
| Phone: (408) 930-6244 |
Phone: (408) 882-7220 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
8 |
8 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
832 |
2 |
1/0 |
$3,325 |
– |
1 |
| 2 |
832 |
2 |
1/0 |
$3,285 |
– |
1 |
| 3 |
832 |
2 |
1/0 |
$3,250 |
– |
1 |
| 4 |
832 |
2 |
1/0 |
$3,175 |
– |
1 |
| 5 |
832 |
2 |
1/0 |
$3,275 |
– |
1 |
| 6 |
832 |
2 |
1/0 |
$3,320 |
– |
1 |
| 7 |
832 |
2 |
1/0 |
$3,300 |
– |
1 |
| 8 |
832 |
2 |
1/0 |
$3,400 |
– |
1 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
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This listing information is up-to-date as of July 08, 2026. For the most current information, please contact Helen Pastorino, (408) 930-6244.