Laurel St / Cabrillo Hwy median real estate price is $760,330, which is more expensive than 76.5% of the neighborhoods in California and 95.8% of the neighborhoods in the U.S.
The average rental price in Laurel St / Cabrillo Hwy is currently $2,039, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.8% of the neighborhoods in California.
Laurel St / Cabrillo Hwy is an urban neighborhood (based on population density) located in Santa Cruz, California. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Laurel St / Cabrillo Hwy real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Laurel St / Cabrillo Hwy neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Laurel St / Cabrillo Hwy has a 11.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.