NOT LISTED FOR SALE
4 Beds
3 Baths
1,500 Sq Ft
6,970 Sq Ft Lot

Last Sold February 26, 2024

Last sale price $1,500,000 $1,000 Per Sq Ft

59 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Fireplace
  • Mission Hill Middle School Rated A-
  • Balcony
  • Tile Countertops

About This Home

As of February 2024

Westside Legal Duplex on large lot zoned for additional unit. Great neighborhood and close to everything....Minutes to UCSC, great restaurants, World class surf, Santa Cruz Wharf, Cowells beach, Boardwalk, Shelter Lagoon, walk to great schools and more! Unit 1 is a 2 bedroom 2 bath and garage, and the rear unit 2 is 2 bedroom plus office and 1 bath with its own garage and large private sunny yard. Charming property with hardwood floors and original tile, ready to rent or take it to the next level of potential by upgrading units and adding an additional unit. Large backyard with fruit trees, excellent off street parking, and convenient location!

Last Agent to Sell the Property

Scott Cheney

Bailey Properties License #00902643 Listed on: 12/08/2023

Last Buyer's Agent

Rigoberto Torres

Alliance Bay Realty License #01501229

Alliance Bay Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Bungalow
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $74,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $500
  • Insurance Expense $149
  • Utility Expense $150
  • Trash Expense $100
  • Operating Expense $2,361
  • Gross Income $72,168

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM 2.5
  • Subclass: Duplex
  • Style: Bungalow
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: Countertop - Tile, Oven Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1500
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Office Area, Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Post And Pier
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Street Parking, On Street

Utilities

  • Heating System: Fireplace, Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Santa Cruz City High
  • Elementary School: Bay View Elementary
  • Middle School: Mission Hill
  • High School: Santa Cruz High
  • High School: 852
  • Elementary School: 841
  • Middle School: 37458

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6970.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6970.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.16
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 149
  • Expense Landscape: 500
  • Expenses Total: 2361
  • Expenses Utility: 150
  • Expense Trash: 100
  • Income Annual Gross: 72168.00
  • Income Annual Rental: 74400
  • Income Gross Scheduled: 74400
  • Income Includes: Rents
  • Meters: Master Water, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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
02/26/2024 02/26/24 Sold $1,500,000 0.0% $1,000 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $1,500,000 -11.5% $1,000 / Sq Ft
12/08/2023 12/08/23 For Sale $1,695,000 -- $1,130 / 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: ML81949457

MLSListings