319 Jessie Street, SANTA CRUZ, CA 95060 (MLS # ML82030981)

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PRICE $1,200,000
BEDS 3
BATHS 2
HOME SIZE 1,475 sqft
LOT SIZE n/a

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.

LAST UPDATED 1/13/2026 YEAR BUILT 1979
GARAGE SPACES 2.0 COUNTY Santa Cruz
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Central, Forced Air, Wood Stove
LOT 0
LOT DIMENSIONS 5009.40
PARKING Attached
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
WATER Public
ZONING R-L
Listed by Paul Zech | 831-247-3007, Coldwell Banker Realty

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Based on information from MLSListings MLS as of 3/5/26 10:04 AM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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