162 Hagemann Avenue

Santa Cruz, CA 95062

$2,400,000
Price
Beds
1,864 Sq. Ft.
$1,288 / Sq. Ft.
1,864
Sq. Ft.
$1,288
per Sq. Ft.

Description

Tremendous Development Opportunity in Santa Cruz! Looking for your next big project? Look no further! 162 Hagemann presents an incredible opportunity for development in one of Santa Cruz's most sought-after neighborhoods. Comprising of three separate parcels totaling approximately 27,400 square feet, this prime real estate is ripe for transformation. APN 011-041-35 has a 2 story "duplex" currently used as a single family residence with 3 bedrooms/2baths and detached garage/workshop. Convenient Location:...Tremendous Development Opportunity in Santa Cruz! Looking for your next big project? Look no further! 162 Hagemann presents an incredible opportunity for development in one of Santa Cruz's most sought-after neighborhoods. Comprising of three separate parcels totaling approximately 27,400 square feet, this prime real estate is ripe for transformation. APN 011-041-35 has a 2 story "duplex" currently used as a single family residence with 3 bedrooms/2baths and detached garage/workshop. Convenient Location: Enjoy the best of Santa Cruz living with easy access to Arana Gulch, Santa Cruz Yacht Harbor, and the vibrant businesses along Soquel Ave. Whether you prefer a leisurely stroll or a bike ride, everything you need is just minutes away. Architectural plans drawn for: 3 - DUPLEX STRUCTURES EACH WITH 3 BEDROOMS PER DWELLING UNIT. 7 CARRIAGE UNITS AND GARAGES. Buyer to Investigate: As with any development opportunity, it's essential for buyers to conduct their due diligence. Explore the possibilities and envision the potential this property holds. Don't miss out on this rare chance to make your mark in Santa Cruz's thriving real estate market. Contact us today to learn more and seize this exceptional opportunity! Included in the sale: 011-141-49, 011-041-57
  1. Listed by Shemeika K. Fox • DRE #01479629 • Brokerage DRE #01878277 • eXp Realty of California Inc • 831-588-2334

Property Details for 162 Hagemann Avenue

MLS City Name
SANTA CRUZ
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
10
Cross Street
Soquel Ave.

Location

Listing Courtesy of eXp Realty of California Inc, Shemeika K. Fox, DRE #01479629
Add your commute
LISTING UPDATED: 05/17/2024 12:20 AM

Property Details for 162 Hagemann Avenue

StatusActive
MLS #ML81964573
Days on Compass25
Taxes$12,698 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1918
Lot Size0.40 AC / 17,250 SF
CountySanta Cruz County

Location

Listing Courtesy of eXp Realty of California Inc, Shemeika K. Fox, DRE #01479629
Add your commute

Virtual Tour

Building Information for 162 Hagemann Avenue

Stories-Residences2Year Built1918Building Size-Lot Size0.40 AC / 17,250 SF

Payment Calculator

$14,156 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$1,058

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 162 Hagemann Avenue

Features
External Links
Features
  • Fireplace: No
  • Living SqFt: 1864
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Other
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public, Well
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: East Santa Cruz
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 162
  • Street Name: Hagemann
  • Street Suffix: Avenue
  • Area ID: 42
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 1864
  • Structure SqFt Source: Assessor
  • Age: 106
Development Information
  • Zoning Detail: R-1-5
Location Information
  • City Limits: Yes
  • Parcel Number: 011-041-35-000
  • County Name: Santa Cruz
  • City Name: SANTA CRUZ
  • City Postal ID: 64
  • Postal Code: 95062
  • Elementary School District: 840
  • High School District Text: Santa Cruz City High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .40
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 1
General Information
  • Annual Tax Amount: $12,698
  • Building Unit Total: 2
  • Capitalization Rate: 1.32
  • Tenant Expenses: Rent Only, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $2,000
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $14,698
  • Operating Expenses Include: Fee - Property Tax, Vacancy Factor
  • Gross Rent Multiplier: 50.63
  • Income Annual Gross: $46,452
  • Income Annual Rental: $47,400
  • Income Gross Scheduled: $47,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,950
Unit Type 1
  • Unit Type1 Approx SqFt: 1864

Property History for 162 Hagemann Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 162 Hagemann Avenue

Taxable ValueLand$157,677Additions-Total$157,677
Tax Record2023$2,065 ($172 / month)
Home Facts
Beds0Lot Size3,400 SqFtStyleResidentialCountySANTA CRUZAPN011-041-57

Schools near 162 Hagemann Avenue

This home is within Santa Cruz City High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
De Laveaga Elementary School
PublicK to 5

Mission Hill Middle School
Public6 to 8

Santa Cruz High School
Public9 to 12

Soquel High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

162 Hagemann Avenue is a multi-family home for sale in Santa Cruz, CA 95062. This property was listed for sale on May 7, 2024 by eXp Realty of California Inc, it's currently listed at $2,400,000. It has been on the market for a total of 25 days and was last sold on January 17, 2020. This listing's school districts are Santa Cruz City High School District, Santa Cruz City Elementary School District. Nearby schools include De Laveaga Elementary School, Mission Hill Middle School and Santa Cruz High School. 162 Hagemann Avenue is a 0-bed, 0-bath, 1,864 sqft multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Shemeika K. Fox, DRE #01479629

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.