NOT LISTED FOR SALE

434 7th Ave Santa Cruz, CA 95062

Twin Lakes Neighborhood
3 Beds
3 Baths
786 Sq Ft
4,704 Sq Ft Lot

Last Sold March 25, 2016

Last sale price $929,000 $1,182 Per Sq Ft

25 Days on Market

Highlights

  • Forced Air Heating System
  • Washer and Dryer
  • 1-Story Property
  • Mission Hill Middle School Rated A-
  • Carpet
  • 2-minute walk to Twin Lakes Park

About This Home

As of March 2016

A Rare Find. 3 Charming Homes within walking distance to one of the best beaches in Santa Cruz, the Harbor, Shopping, Fine dining, and some of the best breakfast places in town. Great as an investment property, or live in the main unit and rent out the other 2 for income. #1) 2 b/r 1ba, #2) 1 b/r 1 ba #3) Studio. Recently renovated with new paint, flooring, landscaping, LED lighting, bath fixtures, and general cleanup and maintenance. A Must See, you'll fall in love with this property. Vacant and ready to occupy and/or rent out. More pictures will be available 01/29.

Last Agent to Sell the Property

Greg Turnquist

BCE and Associates License #01343184 Listed on: 01/25/2016

Last Buyer's Agent

Stephany Jenkins

Park46 Real Estate License #01311486

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 4,704 Sq Ft Lot

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 786 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Parking Spaces
  • Covered Parking
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $68,400

Community Details

Overview

  • 786 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $2,100
  • Maintenance Expense $6,000
  • Operating Expense $20,913
  • Gross Income $68,400

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Listing Details

  • Zoning: R-1-3.5
  • Subclass: Triplex
  • Age: 76
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 786
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Living Sq Ft: 786
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Post And Pier
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Common Parking Area, On Street, Unassigned Spaces

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Community Sewer / Septic

Schools

  • School District: Santa Cruz City High
  • Middle School: Shoreline Middle
  • High School: Harbor High
  • High School: 851
  • Middle School: 884

Lot Info

  • Lot Acres: 0.1080
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4704.48
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4704.48

Rental Info

  • Gross Rent Multiplier: 13.58

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2100
  • Expense Landscape: 1200
  • Expense Maintenance: 6000
  • Expenses Total: 20913
  • Income Annual Gross: 68400.00
  • Income Annual Rental: 68400
  • Income Gross Scheduled: 68400
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 3
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

Range of Values:

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Average Value
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List Price
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
03/25/2016 03/25/16 Sold $929,000 0.0% $1,182 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $929,000 -- $1,182 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Turnquist

    Seller's Agent in 2016

    Greg Turnquist

    BCE and Associates

    (831) 252-2000

    5 Total Sales

    Greg Turnquist
    Section Image
  • Stephany Jenkins

    Buyer's Agent in 2016

    Stephany Jenkins

    Park46 Real Estate

    (925) 989-3318

    122 Total Sales

    Stephany Jenkins
    Section Image
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Map

Source: MLSListings

MLS Number: ML81548172

MLSListings

APN: 027-073-13

California Santa Cruz County Santa Cruz 95062 Twin Lakes

434 7th Ave, Santa Cruz, CA

This home is located at 434 7th Ave, Santa Cruz, CA 95062 since 25 January 2016. This property was built in 1940. 434 7th Ave is a home located in Santa Cruz County with nearby schools including Mission Hill Middle School, Harbor High School, and Santa Cruz High School.

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