10040 Highway 9, Ben Lomond, CA 95005 (MLS # ML82064484)
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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/13/2026 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | 699 - Not Defined |
| COUNTY | Santa Cruz | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| Elementary School | Other |
|---|---|
| Jr. High School | Other |
| High School | Other |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 699 - Not Defined |
| HEAT | Wall Furnace |
| LOT | 0.709 acre(s) |
| LOT DIMENSIONS | 30884 |
| PARKING | Off Street |
| STORIES | 1 |
| STYLE | Cottage |
| TAXES | 14262 |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 10/13/26 5:59 PM PDT and /or other sources. 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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