$1,595,000
PENDING $100K PRICE DROP

Estimated payment $9,613/month

Total Views 8,371
-- Bed
-- Bath
2,759 Sq Ft
$578 Price per Sq Ft

About This Home

Reduced! Under $800K per house for two large homes on one lot in Downtown Santa Cruz. The front 4 bedroom, 2 bath home features a front porch, intricate exterior detailing, a large sunny back deck and a full basement. The back house 3 bedroom, 2 bath home has two porches, an attached carport and garage, and a private rear yard. The homes have off street parking and separate utilities. Conveniently located across the street from a bus stop on the main bus route to UCSC, and only a short distance to Downtown, the Boardwalk, Santa Cruz High and beaches.

Listing Agent

Peter Cook

Lighthouse Realty License #01223810 Listed on: 07/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,275

Year Built

  • 1894

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Off-Street Parking

Home Design

  • 2,759 Sq Ft Home
  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Additional Features

  • 7,710 Sq Ft Lot
  • Wall Furnace

Community Details

Overview

  • 2,759 Sq Ft Building

Building Details

  • Gardener Expense $2,136
  • Insurance Expense $3,360
  • Maintenance Expense $14,721
  • Operating Expense $39,717
  • Gross Income $144,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,275

Year Built

1894

Lot Details

0

Parking

1

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Age: 131
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2759
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1894

Interior Features

  • Living Sq Ft: 2759

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking
  • Carport Min: 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Cruz City Elementary

Lot Info

  • Lot Acres: 0.1770
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7710.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7710.00

Rental Info

  • Gross Rent Multiplier: 11.08

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3360
  • Expense Landscape: 2136
  • Expense Maintenance: 14721
  • Expenses Total: 39717
  • Income Annual Gross: 144000.00
  • Income Annual Rental: 144000
  • Income Gross Scheduled: 144000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,275 $1,270,292 $769,469 $500,823
2023 $14,104 $1,220,965 $739,589 $481,376
2022 $13,947 $1,197,024 $725,087 $471,937
2021 $13,659 $1,173,553 $710,870 $462,683
2020 $13,553 $1,161,520 $703,581 $457,939
2019 $13,266 $1,138,745 $689,785 $448,960
2018 $13,117 $1,116,417 $676,260 $440,157
2017 $8,710 $715,715 $214,714 $501,001
2016 $8,245 $701,681 $210,504 $491,177
2015 $8,005 $691,141 $207,342 $483,799
2014 $7,874 $677,602 $203,280 $474,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2025 09/13/25 Pending -- -- --
08/13/2025 08/13/25 Price Changed $1,595,000 -5.9% $578 / Sq Ft
07/25/2025 07/25/25 For Sale $1,695,000 -- $614 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $285,000 Old Republic Title Company
Grant Deed $1,073,500 Old Republic Title Company
Grant Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,775 New Conventional
Previous Owner $1,090,202 Purchase Money Mortgage
Previous Owner $200,000 Unknown
Previous Owner $150,000 Unknown
Previous Owner $181,000 Unknown
Previous Owner $30,000 Unknown
Source: Public Records

Source: MLSListings

MLS Number: ML82011753

MLSListings

APN: 004-031-16-000