427 Locust St., Santa Cruz, CA 95060 - ML81817571 - iPro Real Estate
iPro Real Estate

iPro Real Estate

427 Locust St.
Santa Cruz, CA 95060

Pending, Multi-Family/Income Sale

For Sale

$1,399,000 $853.05 per sqft

Free Professional CMA

Listing ID : ML81817571

  • Structure / Lot Size

    1,640 Sqft / 0.1380 Acre
  • Year

    1888

Description

Classic Santa Cruz home with extra unit in a terrific location,nestled above downtown on a quiet street, close to schools and the university. with great walkability and excellent commute location. This handsome home is light and bright inside, terrific floor plan, some historic original light fixtures, stained glass and hardware. Downstairs features, living room and fireplace, separate sitting room, one bedroom and bath and a light open kitchen and dining area facing backyard. Upstairs 3 bedrooms and 1 bath. Back Carriage house offers flexible living space with many possibilities. currently 1 large bedroom upstairs plus 2 bedrooms, 1 bath and large storage room downstairs.City of Santa Cruz RL Zoning low rise multi residential. This is a great opportunity in a wonderful historic neighborhood above downtown Santa Cruz!

Details

Type: Multi-Family/Income Sale 
Subdivision: West Santa Cruz 
County: Santa Cruz 
Security Features: None 
Tax ID: 006-411-11-000
Annual Taxes: $4,619
School District: Santa Cruz City High
Building Size: 1,640 SqFt 
Cap Rate: 3.02% 
Gross Rent Multiplier: 27.76 
Days on Market: 278 
Access Features: None 
Flooring: Carpet, Vinyl / Linoleum 
Foundation: Concrete Perimeter 
Horse Property: No
Number of Buildings: 2 
Number of Units: 2 
Property Type: Commercial Sale 
Roof: Composition 
Sewer: Sewer - Public 
Sub Type: Duplex 
Utilities: Public Utilities 
Water: Public 

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Interactive

36.974339 -122.032471 $1,399,000 ML81817571
427 Locust St., Santa Cruz, CA 95060
Directions to here from:

Area Information 95060

Population:

47,360 Up .01% since 2010
Average Income:
$97,700
Average Age:
35Years
Gender:
51.09%Male
48.91%Female
Households:
18,48722.39% with children
Average Value:
$1,164,901
Occupancy:
47.39%Owned
52.61%Rented
8.16%Vacant
Education:
14.95%High School
7.4%Associate
26.81%Bachelor
20.22%Graduate
Average Residency:
20Years
Crime Rate:
Average
Annual Rainfall:
46.22Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low

Tax Assessments

Value

  • Land $194,293
  • Improvements $194,293

  • Total $388,586

Property Tax

  • 2020 $4,727

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Listed by Roger Knapp with Sereno

Based on information from the MLSListings MLS) as of 8/1/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 8/1/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes