319 Jessie St, Santa Cruz-Turnkey Cash Flow in a Supply-Starved Market. At $4,800/month in current rental income, this East Santa Cruz income property is already working for you from day one. Annualized, that's $57,600 in gross rents on a $1,200,000 ask in a coastal California city where vacancy rates stay historically low and rental demand consistently outpaces supply. The 3-bed, 2-bath single-story home spans 1,475 sq ft on a 5,009 sq ft lot with a 2-car attached garage and parking for up to four vehicles. Long-term tenants are in place, eliminating the typical turnover headache and stabilizing your returns immediately at close. RL zoning adds a layer of upside worth exploring potential for additional density or future development, subject to buyer verification with the City of Santa Cruz. The shared driveway arrangement with neighboring 315 Jessie St. keeps the footprint efficient.Whether you're 1031-exchanging into a low-maintenance hold or anchoring a growing Santa Cruz portfolio, this property delivers the fundamentals: reliable income, a desirable location, and room for long-term appreciation.
MLS #
ML82030981
MLS Source
MLSListings, Inc.
Days on Site
38
Dining Room
Dining Area in Family Room
Family Room
No Family Room
Fireplace
Wood Stove
Cooling
None
Heating
Central Forced Air
Roof
Composition
Foundation
Concrete Perimeter
Garage/Parking
Attached Garage, Garage: 2 Car(s)
High School District
Santa Cruz City Elementary
Sewer
Public Sewer
Water
Public
Zoning
R-L
Listing Agent
Paul Zech
Coldwell Banker Realty
License #: 01965059
Phone: (831) 247-3007
Co-Listing Agent
Kathleen Zech
Coldwell Banker Realty
License #: 01883107
Phone: (831) 247-8155
319 Jessie St is a Single Family Residence in Santa Cruz, CA 95060. This 1,475 square foot property sits on a 5,009 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $1,200,000 and was built in 1979. This address can also be written as 319 Jessie St, Santa Cruz, CA 95060.
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This listing information is up-to-date as of February 18, 2026. For the most current information, please contact Paul Zech, (831) 247-3007