124 Sycamore St

Beds
Baths
4,800 Sq. Ft.
$416 / Sq. Ft.
4,800
Sq. Ft.
$416
per Sq. Ft.

Description

Unique opportunity to own a 3 bedroom, 2.5 bath, 1975 sf. single family home and a duplex - each is a 3 bedroom. 1.5 baths on a large lot with fenced back yards walking distance to the beach, boardwalk, wharf, West Cliff Drive and downtown Santa Cruz. Live in one and rent the others or a very appealing investment property yielding $11,571/month. The main house as well as each duplex unit has a two car garage and additional parking. This property is well maintained. The main home has a new roof, approved...Unique opportunity to own a 3 bedroom, 2.5 bath, 1975 sf. single family home and a duplex - each is a 3 bedroom. 1.5 baths on a large lot with fenced back yards walking distance to the beach, boardwalk, wharf, West Cliff Drive and downtown Santa Cruz. Live in one and rent the others or a very appealing investment property yielding $11,571/month. The main house as well as each duplex unit has a two car garage and additional parking. This property is well maintained. The main home has a new roof, approved sewer lateral for all units and is located in the Santa Cruz Economic Opportunity Zone which may yield a stepped up basis for capital gains and a permanent exclusion from taxable gains if the property is held for at least 10 years and meets Opportunity Zone requirements.
  1. Listed by Jim Zenner • DRE #01190350 • Brokerage DRE #02029679 • Karon Properties • 831-247-6025

Property Details for 124 Sycamore Street

MLS City Name
SANTA CRUZ
Building Type
OTHER
Style
Contemporary
Garage Spaces
6
Parking Spaces
6
LISTING CLOSED: 08/03/2020 12:00 AM

Property Details for 124 Sycamore Street

StatusSold
MLS #ML81800091
Days on Compass14
Taxes$14,310 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1998
Lot Size0.18 AC / 7,841 SF
CountySanta Cruz County

Location

Listing Courtesy of Karon Properties, Jim Zenner, DRE #01190350

Sold By Keller Williams-Santa Cruz, Team House Hunter, DRE #70010109

Add your commute

Building Information for 124 Sycamore Street

Stories3Residences-Year Built1998Lot Size0.18 AC / 7,841 SF

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$11,139 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,946

Property Taxes

$1,193

HOA Dues

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Property Information for 124 Sycamore Street

Features
External Links
Room Information
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Laundry: Washer / Dryer
  • Living SqFt: 4800
  • Pool: No
  • Security Features: Fire System - Sprinkler, Secured Garage / Parking
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Central Forced Air
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Individual Water Meter, Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Common Parking Area, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: West Santa Cruz
  • Roof: Composition
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Other
  • Street Number: 124
  • Street Name: Sycamore
  • Street Suffix: Street
  • Area ID: 43
Lot / Property Details
Building Information
  • Number Of Stories: 3
  • Number of Buildings: 2
  • Structure SqFt: 4800
  • Structure SqFt Source: Other
  • Age: 22
Development Information
  • Construction Type: Wood
  • Ownership Type: Individual
  • Zoning Detail: Mlt Fam Dwlg
Location Information
  • City Limits: Yes
  • Directions: Take Pacific to Sycamore or Laurel to Cedar to Sycamore
  • Parcel Number: 007-022-14-000
  • County Name: Santa Cruz
  • City Name: SANTA CRUZ
  • City Postal ID: 64
  • Postal Code: 95060
  • Elementary School District: 840
  • High School District Text: Santa Cruz City High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .18
  • Lot Description: Grade - Level, Paved, Regular
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $14,310
  • Capitalization Rate: 4.89
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $7,862
  • Expense Landscape: $1,200
  • Expense Maintenance: $4,000
  • Expense Management: $11,100
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $38,472
  • Operating Expenses Include: Fee - Property Management, Maintenance, Reserve Fund
  • Gross Rent Multiplier: 14.37
  • Income Annual Gross: $136,075
  • Income Annual Rental: $138,852
  • Income Gross Scheduled: $138,852
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $4,300
Unit 2 Information
  • Unit 2 Approx Square Footage: 1412
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $3,650
Unit 3 Information
  • Unit 3 Approx Square Footage: 1412
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 3
  • Unit 3 Rent: $3,621
Unit Type 1
  • Unit Type1 Approx SqFt: 1975

Property History for 124 Sycamore Street

DateEvent & SourcePriceAppreciation
Sep 16, 2022

Temporarily Off Market

MLSListings #ML81800102

Aug 6, 2020

Withdrawn

MLSListings #ML81800102

Aug 3, 2020

Sold

MLSListings #ML81800091

$1,996,000
DateEvent & SourcePrice
09/16/2022

Temporarily Off Market

MLSListings #ML81800102

08/06/2020

Withdrawn

MLSListings #ML81800102

08/03/2020

Sold

MLSListings #ML81800091

$1,996,000

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

Public Records for 124 Sycamore Street

Taxable ValueLand$1,082,432Additions$1,078,102Total$2,160,534
Tax Record2024$23,810 ($1,984 / month)
Home Facts
Baths5Total Finished SqFt4,475 SqFtAbove Grade Finished SqFt4,475 SqFtLot Size7,841 SqFtStyleMulti-Family Dwelling (2-4)Year Built1998Year Renovated1998CountySANTA CRUZAPN007-022-14-000

Schools near 124 Sycamore Street

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
Bay View Elementary School
PublicK to 5

Mission Hill Middle School
Public6 to 8

Harbor High School
Public9 to 12

Santa Cruz 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.

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Listing Courtesy of Karon Properties, Jim Zenner, DRE #01190350

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.