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.
The income description goes here to explain
| List Price | $1,200,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,475 |
| Number of Stories | 1 stories |
| Parking Spots | 2 spots |
| Year Built | 1979 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 01055116000 |
| MLS # | ML82030981 |
| Property ID | 322508359 |
| Lot Sqft | 5,009 |
| Zoning | R-L |
| Days on Market | 37 |
| Original List Price | $1,200,000 |
| Date Updated | February 17, 2026 |
| Date Created | January 13, 2026 |
Paul Zech an agent of Coldwell Banker Realty. Lic #01965059
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 17, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT