Nestled among the towering redwoods of the San Lorenzo Valley, this 8-unit multifamily property has excellent rental history with low vacancy, appealing to long-term tenants, and offers the fundamentals a thoughtful investor looks for: high occupancy, high income potential, and a desirable location for easy access to highways and public transportation. Versatility of units makes this great for buyers searching for solid investment return: live in one, rent the others, or a community compound. Property has been well-maintained by the current owner. Set on a bright and sunny flat lot with one new roof, repairs, and painting completed in 2026. The property features a mix of 1- and 2-bed cottages, two 2-bed apartments, 3 studio apartments, and a 3-bed/2-bath house, with inviting front porches, vibrant exterior finishes, and a peaceful, community-oriented layout that tenants love, with the opportunity to create a large raised-bed garden. Additional highlights include on-site parking for all units and a large garage for storage and extra income potential. With the flexible unit mix and upside potential, this is an exceptional opportunity for investors seeking immediate cash flow and long-term appreciation in one of the most desirable and supply-constrained rental markets in CA.
10230 Highway 9: Sold $543,000 · 4 bd · 2 ba · 2,450 sqft · Apr 2026 · 0.2 mi Vylla Home, Inc. | DRE #01751023 Buyer's agent: Stephen Wyman, eXp Realty of Northern California, Inc. | DRE #02113206
10405 California Drive: Sold $932,000 · 3 bd · 2 ba · 1,780 sqft · Jun 2026 · 0.3 mi David Lyng Real Estate | DRE #01053522 Buyer's agent: Loren Morse, eXp Realty of California Inc | DRE #02115062
9870 Brookside Avenue: Sold $860,000 · 3 bd · 2 ba · 1,371 sqft · Jun 2026 · 0.6 mi Coldwell Banker Realty | DRE #01160202 Buyer's agent: Chisholm Gentry, Gentry Real Estate | DRE #01363992
160 Woodland Dr: Sold $511,500 · 2 bd · 1 ba · 1,189 sqft · Apr 2026 · 0.8 mi Room Real Estate | DRE #01431948 Buyer's agent: Outside Agent, Outside Office | DRE #0
125 Shadowbrook Road: Sold $899,000 · 2 bd · 2 ba · 1,184 sqft · Jul 2026 · 1.1 mi Coldwell Banker Realty | DRE #01381869 Buyer's agent: Daniel Oster, Coldwell Banker Realty | DRE #01381869
200 Railroad Avenue: Sold $955,000 · 3 bd · 3 ba · 1,900 sqft · Jun 2026 · 1.1 mi eXp Realty of Northern California, Inc. | DRE #02113206 Buyer's agent: Terese Ferrara, KW Bay Area Estates | DRE #01949191
9140 Glen Arbor Road: Sold $693,000 · 2 bd · 1 ba · 1,100 sqft · Aug 2026 · 1.1 mi BHGRE Haven Properties | DRE #01346835 Buyer's agent: Sophia Lerios, eXp Realty of California Inc | DRE #02219074
295 Jims Road: Sold $1,500,000 · 4 bd · 6 ba · 3,528 sqft · Jul 2026 · 1.2 mi KW Thrive Santa Cruz | DRE #00921165 Buyer's agent: Samantha Lemons, eXp Realty of California Inc | DRE #02349934
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/14/2026 4:37 PM. 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 deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: Action Properties Inc
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.