www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30090683
30090684

600 Riverside Ave, Santa Cruz, CA 95060 For Sale

PZ
CA CA 01965059, CA 01908304
Coldwell Banker Realty Aptos
Listed by Coldwell Banker Realty Aptos
Unpriced
135 days on market
Updated 1 day ago

Solares

Details
APN 007-421-000
Property Type Hospitality
Sub Type Hotel, Motel
Keys 80
Beds 164
Year Built 1985
Stories 2
Acreage 1.300
Parking Spaces 67 spaces
Investment Type Owner/User

Hotel Solares - walk to the beach

Marketing description

Positioned a 10-minute walk from the Santa Cruz Beach Boardwalk, Hotel Solares is a recently renovated, 80-room property in one of California's most resilient tourism markets. The hotel features 12 family-size rooms and suites, 3-story hotel, multiple connecting rooms, and full-service manager living accommodations, a turnkey setup for an owner-operator.

Every room offers a private patio or balcony, and spacious layouts comfortably fit two queen or two king beds with room to spare. It's a distinction that earns repeat guests and sets Solares apart from competing properties in the area. Pet-friendly accommodations, a heated pool and two spas, complimentary breakfast, and free parking round out an amenity package that drives strong, consistent demand.

With Santa Cruz tourism buoyed by year-round attractions, a growing UC Santa Cruz, this is a well-located, guest-favorite asset with real upside for an investor ready to unlock its full potential.bSeller will review and consider all offers received. a major hotel brand recently completed a property tour with positive results, branding this asset would materially elevate occupancy, ADR, and NOI. - We have several other on & off market listings of; three (3) ocean view lots walk to beach, hotels, large 100+ seat restaurant that includes the real estate, multi family, commercial land, mixed-use and a 10 home residential fully entitled project with plans, all in Santa Cruz, Santa Clara & Monterey Counties.

Investment highlights

  • 2026 Q1 revenues up 40% year over year, on track for $2.5M annual revenue
  • Walk to the Santa Cruz Beach Boardwalk
  • Major brand has given verbal commitment for a flag (optional for buyer, con contracts signed yet)
  • Major brand will mage a significant impact with ADR &NOI
  • 3.5 million visitors to the Boardwalk generate $1.5b billion annual travel expenditures, high demand low supply of rooms
  • 9.5-10 million population, feeder markets within 100 miles of Santa Cruz
  • 80 rooms is the "sweet spot" for mid sized investors
  • Market Revival of new luxury projects help drive more demand to the destination occurring in Santa Cruz
  • Summer Peak (Q3): Expect mid-range ADRs to surge toward $300+ on weekends, particularly during the July/August peak
  • Off-Season (Q1/Q4): Rates typically soften to the $170–$190 range to maintain baseline occupancy during the "coastal chill" months

Listing Contacts

PZ
CA CA 01965059, CA 01908304
Coldwell Banker Realty Aptos
Listed by Coldwell Banker Realty Aptos

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Paul Zech
License
CA 01965059
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591