$625,000
SOLD MAR 23, 2012
4 Beds
-- Bath
2,219 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$282 Per Sq Ft

4% Below List Price

24 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • Baseboard Heating
  • Westlake Elementary School Rated A-

About This Home

As of May 2023

Heart of downtown, historic Victorian currently legally used as ( 2 )offices and (2) 1/1 residences, and (1) studio. Total income for the 5 units is $55,800. VERY flexible floorplan for multiple uses, and multiple possibilities!! A unique property! BOM!! No fault of property.

Last Agent to Sell the Property

Alice Tarail

Ocean Street Realty License #01136316 Listed on: 01/30/2012

Last Buyer's Agent

Laura Rabb-Jancola

California Real Estate License #01196219

Property Details

Home Type

  • Multi-Family

Year Built

  • 1885

Parking

  • No Garage

Home Design

  • Quadruplex
  • Masonry Perimeter Foundation
  • Composition Roof

Interior Spaces

  • 2,219 Sq Ft Home
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Utilities

  • Zoned Heating
  • Floor Furnace
  • Heating System Uses Gas
  • Baseboard Heating
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $55,800
  • The owner pays for electric, garbage, gas, heating, hot water, water

Community Details

Overview

  • 2,219 Sq Ft Building

Building Details

  • Insurance Expense $1,191
  • Maintenance Expense $4,500
  • Other Expense $500
  • Utility Expense $5,275
  • Operating Expense $19,166
  • Gross Income $55,800

Property Details

Home Type

Multi-Family

Year Built

1885

Lot Details

0

Listing Details

  • Zoning: res/c
  • Subclass: Fourplex
  • Age: 127
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 281.66
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2219
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1885

Interior Features

  • Kitchen: Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 2219
  • Laundry: Laundry - No
  • Flooring: Hardwood

Exterior Features

  • Foundation: Masonry Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Baseboard, Heating - 2+ Zones, Electric, Floor Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3049.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3049.00
  • Lot Size Area Min Search: 3049.00
  • Maximum Lot Size: 3049.00

Green Features

  • Energy Features: Insulated Water Heater, Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.65

Multi Family

  • Expense Insurance: 1191
  • Expense Maintenance: 4500
  • Expenses Other: 500
  • Expenses Total: 19166
  • Expenses Utility: 5275
  • Income Annual Gross: 55800.00
  • Income Annual Rental: 55800
  • Income Gross Scheduled: 55800
  • Income Includes: Lease
  • Meters: Separate Gas, Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Supplies, Vacancy Factor
  • Owner Pays: Electric, Garbage, Gas, Heating, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Electric

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $1,800,000 +0.1% $812 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $1,799,000 +187.8% $811 / Sq Ft
03/23/2012 03/23/12 Sold $625,000 -3.8% $282 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $650,000 -- $293 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81203590

MLSListings

APN: 005-146-01