Location, location, location! Santa Cruz classic located on iconic West Cliff Dr, this four-unit property has tremendous income potential at full occupancy and is available for the first time in decades. With three units in the main structure and a detached unit with very low vacancy rates, the income stream on this investment property is reliably high. Vintage charm mixed with modern upgrades in some of the units leaves room for value-add potential and provides comfortable housing for those seeking coastal living. One short block from the Boardwalk, the Wharf, Main Beach, Depot Park, and The Dream Inn, and conveniently close to many area shops, restaurants, and amenities.
Sold for $1,600,000
$1,600,000
116 W Cliff Dr, Santa Cruz, CA 95060
5beds
4baths
2,151sqft
Quadruplex, Residential Income
Built in 1900
-- sqft lot
$1,585,300 Zestimate®
$744/sqft
$5,090 Estimated rent
Home value
$1,585,300
$1.41M - $1.78M
$5,090/mo
Zestimate® history
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$5,090/mo
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$10,140/mo
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List your homeWhat's special
Vintage charmComfortable housing
Zillow last checked:
Listing updated:
Listed by:
Eli Karon 01732369 310-701-4779,
Karon Properties 831-426-6696,
Nicole Karon 02189645 940-367-4209,
Karon Properties
Bought with:
Ron Evans, 01889602
Keller Williams Palo Alto
Rebecca Dye, 02102535
Keller Williams Palo Alto
Source: MLSListings Inc,MLS#: ML82028659
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Floor Furnace, Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Oven/Range, Refrigerator
- Laundry: None
Features
- Flooring: Carpet, Laminate, Tile, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 2,151
- Total interior livable area: 2,151 sqft
Property
Parking
- Total spaces: 3
- Parking features: No Garage, Off Street, Parking Area
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 5,009 Square Feet
Details
- Parcel number: 00431106000
- Zoning: 0
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition, Shingle
Condition
- Year built: 1900
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Santa Cruz
Financial & listing details
- Price per square foot: $744/sqft
- Tax assessed value: $41,467
- Annual tax amount: $1,063
- Date on market: 12/9/2025
- Listing agreement: ExclusiveRightToSell
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Sold | $1,600,000$744/sqft |
Source:  MLSListings Inc #ML82028659 Report a problem | ||
| 2/6/2026 | Pending sale | $1,600,000$744/sqft |
Source: MLSListings Inc #ML82028659 Report a problem | ||
| 1/21/2026 | Contingent | $1,600,000$744/sqft |
Source: MLSListings Inc #ML82028659 Report a problem | ||
| 1/15/2026 | Listed for sale | $1,600,000+14.3%$744/sqft |
Source: MLSListings Inc #ML82028659 Report a problem | ||
| 11/20/2025 | Listing removed | $2,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2025 | Price change | $2,450-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/23/2025 | Price change | $2,500-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2025 | Price change | $2,600-8.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2025 | Listed for rent | $2,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/16/2016 | Listing removed | $1,400,000$651/sqft |
Source: David Lyng Real Estate #ML81499090 Report a problem | ||
| 9/11/2015 | Price change | $1,400,000+7.7%$651/sqft |
Source: David Lyng Real Estate #ML81499090 Report a problem | ||
| 9/2/2015 | Pending sale | $1,300,000$604/sqft |
Source: David Lyng Real Estate #ML81499090 Report a problem | ||
| 8/8/2015 | Price change | $1,300,000-23.5%$604/sqft |
Source: David Lyng Real Estate #ML81499090 Report a problem | ||
| 7/13/2015 | Listed for sale | $1,700,000$790/sqft |
Source: Kathleen Morgan-Martinez, Broker #81463706 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,063 +12.5% | $41,467 +2% |
| 2024 | $945 +0.6% | $40,654 +2% |
| 2023 | $939 +0.6% | $39,858 +2% |
| 2022 | $933 +1.1% | $39,075 +2% |
| 2021 | $923 +0.4% | $38,309 +1% |
| 2020 | $919 +3% | $37,916 +2% |
| 2019 | $892 +0.6% | $37,173 +2% |
| 2018 | $887 +0.7% | $36,444 +2% |
| 2017 | $881 +2.8% | $35,730 +2% |
| 2016 | $857 +17.1% | $35,029 +1.5% |
| 2015 | $732 +0.9% | $34,503 +2% |
| 2014 | $725 | $33,827 +2.5% |
| 2012 | -- | $33,012 +2% |
| 2011 | -- | $32,365 +0.8% |
| 2010 | -- | $32,123 -0.2% |
| 2009 | -- | $32,199 +2% |
| 2008 | -- | $31,567 +2% |
| 2007 | -- | $30,948 +2% |
| 2006 | -- | $30,341 +2% |
| 2005 | -- | $29,746 +2% |
| 2004 | -- | $29,163 +1.9% |
| 2003 | -- | $28,629 +2% |
| 2002 | -- | $28,068 +2% |
| 2001 | -- | $27,517 +2% |
| 2000 | -- | $26,978 |
Find assessor info on the county website
Neighborhood: 95060
Nearby homes
- $--1 bd1 ba-- sqft116 W Cliff Dr #1, Santa Cruz, CA 95060Off Market
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- $--1 bd1 ba-- sqft116 W Cliff Dr #4, Santa Cruz, CA 95060Off Market
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Nearby schools
GreatSchools rating
- 8/10Bay View Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10Mission Hill Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Santa Cruz High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$1,585,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,585,300
- California
- Santa Cruz County
- Santa Cruz
- 95060
- 116 W Cliff Dr
Nearby cities
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