$1,999,999
PENDING $500K PRICE DROP

Estimated payment $13,078/month

Total Views 10,190
3 Beds
3 Baths
1,776 Sq Ft
$1,126 Price per Sq Ft

Highlights

  • Fireplace
  • Ceiling Fan
  • Back Yard
  • Mission Hill Middle School Rated A-
  • Level Lot

About This Home

Your Dream Beach Home Awaits And It Pays for Itself Have you always envisioned owning a beach home that offers laid-back coastal living while generating income? Welcome to 399, 401, and 403 13th Ave, a rare and versatile Triplex property nestled in the highly sought-after Live Oak neighborhood perfectly between the vibrant SC Harbor and Pleasure Point surf breaks. 3 separate units: a charming SFR a 2-story duplex in back, each unit is 1 bed/1 bath. Investor?, multi-generational family?, beach retreat? Not keen on being a landlord? With SB9, you may be able to split the lot and build your own dream getaway while selling the other half as an incredible development opportunity in a high-demand location. Separate alleyway access and parking, Just 1.5 blocks from Blacks Beach, minutes from Lago di Como, Sunday farmers markets, and world-class surfing, this location allows you to live the life you love. stroll to the Harbor with friends to catch the Wednesday night sailboat races, or catching the sunset after a morning surf. Opportunities like this are incredibly rare especially at this price! Bonus: Seller financing available with a low APR for buyers with a solid down payment. Live, rent, develop or all three. The Santa Cruz beach life is calling. Don't miss your chance to answer.

Listing Agent

Jayson Madani

Room Real Estate License #70010074 Listed on: 04/21/2025

Room Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

Lot Details

  • 5,009 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Monitored

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Community Details

Overview

  • 1,776 Sq Ft Building

Building Details

  • Gardener Expense $150
  • Insurance Expense $2,500
  • Utility Expense $350
  • Trash Expense $120
  • Operating Expense $3,120
  • Gross Income $111,600

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

0

Listing Details

  • Zoning: R-1-3.5
  • Subclass: Triplex
  • Age: 96
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1776
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Interior Features

  • Living Sq Ft: 1776
  • Security: Video / Audio System

Exterior Features

  • Foundation: Combination, Concrete Slab, Pillars / Posts / Piers
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Off-Street Parking, On Street

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Fireplace, Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City Elementary
  • Elementary School: Live Oak Elementary
  • Middle School: Shoreline Middle
  • Elementary School: 882
  • Middle School: 884

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5009.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5009.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 17.92

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2500
  • Expense Landscape: 150
  • Expenses Total: 3120
  • Expenses Utility: 350
  • Expense Trash: 120
  • Income Annual Gross: 111600.00
  • Income Annual Rental: 111600
  • Income Gross Scheduled: 111600
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Map

Range of Values:

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Average Value
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Sold Price
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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
07/15/2025 07/15/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $1,999,999 0.0% $1,126 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
05/27/2025 05/27/25 Price Changed $1,999,999 -20.0% $1,126 / Sq Ft
04/21/2025 04/21/25 For Sale $2,500,000 -- $1,408 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML82003438

MLSListings

APN: 028-101-07