319 Jessie St, Santa Cruz, CA 95060

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$1,095,000

bedrooms

bathrooms

square feet

1,475

Acreage

Open Houses

year built

1979

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Santa Cruz
Elementary School	-
Middle School	-
High School	-

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MLS number: ML82030981

Listing agent: Paul Zech

Listing broker: Coldwell Banker Realty (831) 688-6461

Last update: Saturday, April 25 2026 at 10:05 a.m. EDT

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