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3 Beds
2 Baths
1,475 sqft

$1,200,000

319 Jessie Street, Santa Cruz CA, 95060

Price per sqft$813.56
Built in1979
Property size1,475 sqft
Property typeResidential
test courtesy

Overview

Active

Listed Jan 13, 2026

Updated 3 weeks ago

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.

$7,984/mo

Est. mortgage payment based on a $1,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82030981

Interior Features

Bedrooms
3
Bathrooms
2

Exterior Features

Lot Size
0.11 Acres
MLS provider logo

Broker Reciprocity Courtesy of Coldwell Banker Realty, Paul Zech

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

78108 - MLS License Number

 

Data last updated 12:21 PM UTC, 9/13/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 9/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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