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509 Leibrandt AvenueSanta Cruz, CA 95060

For Sale

$1,675,000

Smart Buyer Rebate $16,750

Fantastic 4-Plex in Beach Hill. This is a wonderful multi-family investment opportunity in a prime beach neighborhood. Building has value add and upside rent potential, including a scheduled rent increase for Jan 2026. Unit #1 is intentionally left vacant, giving buyers the unique opportunity to tour a unit without any tenant coordination. The other three units are fully rented making this property both easy-to-view and an income-generating investment. 3 of the units are 2BD, 1BA and one unit is 1BD, 1BA. Parking area and small storage area for each unit and coin-op laundry. Walk to downtown Santa Cruz, The Boardwalk, and wharf, plus access to some of the best beaches in Santa Cruz County. Easy access to commute routes and UCSC. Great location to enjoy all that Santa Cruz has to offer!

Listed by Amy Kroeger

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License #02161640

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Christie's International Real Estate Sereno

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831-204-1455

Listed by Terri Mayall

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License #01085181

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Christie's International Real Estate Sereno

Last updated November 12, 2025

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Source: MLSListings #ML82024779

Listing Facts

  • TypeMulti-family
  • NeighborhoodBeach Hill Historic District
  • Days on Prevu37
  • Taxes$20,137/year
  • Size2,964 sqft
  • Price per sqft$565

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

10/31/2025
Status changed to Active
$1,675,000
10/28/2025
Status changed to Removed from Feed
$1,675,000
10/28/2025
Status changed to Active
$1,675,000
10/25/2025
Status changed to Removed from Feed
$1,675,000
10/24/2025
Status changed to Active
$1,675,000
10/23/2025
Status changed to Removed from Feed
$1,675,000
10/14/2025
Listed by Christie's International Real Estate Sereno
$1,675,000

Property Details for 509 Leibrandt Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Other
  • Stories: 2
  • Year Built: 1965
  • Year Built Details: 2

Measurements

  • Building Area Total: 2,964
  • Lot Size Acres: 0.08
  • Lot Size Area: 3,746
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,746
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.27
  • Gross Income: $105,584.00
  • Operating Expense Includes: Maintenance, Other, Trash, Water/Sewer

Taxes

  • Parcel Number: 007-102-13-000
  • Tax Annual Amount: $20,137.00

Interior

Measurements

  • Living Area: 2,964

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport Spaces: 3
  • Carport: Yes
  • Parking Features: Assigned Spaces, Parking Area
  • Parking Total: 1

Schools

High School

  • High School District: Santa Cruz City High

Utilities

Equipment

  • Heating: Other
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.