1450 Merrill St

Beds
Baths
4,370 Sq. Ft.
$744 / Sq. Ft.
4,370
Sq. Ft.
$744
per Sq. Ft.

Description

1450 Merrill St, known as Seadowns, is a three-building, nine-unit property that has been owned by the seller for 26 years. It is in close proximity to area beaches, East Cliff Drive, Pleasure Point, the Santa Cruz Small Craft Harbor, Sunday Live Oak farmer's market, Simpkins Swim Center and many local restaurants. The property contains ample outdoor space, providing a peaceful living experience for the renters. The property provides excellent walkability and bikeability. It also has 11 parking spaces,...1450 Merrill St, known as Seadowns, is a three-building, nine-unit property that has been owned by the seller for 26 years. It is in close proximity to area beaches, East Cliff Drive, Pleasure Point, the Santa Cruz Small Craft Harbor, Sunday Live Oak farmer's market, Simpkins Swim Center and many local restaurants. The property contains ample outdoor space, providing a peaceful living experience for the renters. The property provides excellent walkability and bikeability. It also has 11 parking spaces, including 5 covered carport spaces. The coin-operated laundry is leased by the owner. The unit mix includes six 1-bedroom, 1-bath units (1-6) in the two-story building. Each of these six units has access to the outdoor space behind the building and has additional locked storage in the carport. Near the front of the property is a 2-bedroom, 1-bath unit (A) with a large fenced front yard, a 1 bedroom, 1-bath unit (B) with a fenced back yard and covered patio, and a stand-alone 2-bedroon, 1-bath unit (C). The owner has completed recent improvements including a new sewer lateral, new roof on the carport and laundry area, and fumigation for termites. Between turnovers, the Landlord has also painted the units, and updated appliances and fixtures, and installed new carpets.
  1. Listed by Chris Shoemaker • DRE #01760812 • Brokerage DRE #01760812 • Shoemaker Commercial Real Estate • 831-247-2647

Property Details for 1450 Merrill Street

MLS City Name
SANTA CRUZ
Building Type
Other
Garage Spaces
0
Parking Spaces
6
LISTING UPDATED: 11/09/2025 09:03 PM

Property Details for 1450 Merrill Street

StatusActive
MLS #ML82017054
Days on Compass164
Taxes$45,374 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1956
Lot Size0.30 AC / 12,981 SF
CountySanta Cruz County

Location

Listing Courtesy of Shoemaker Commercial Real Estate, Chris Shoemaker, DRE #01760812
Add your commute

Building Information for 1450 Merrill Street

Stories-Residences-Year Built1956Building Size-Lot Size0.30 AC / 12,981 SF

Payment Calculator

$19,621 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,840

Property Taxes

$3,781

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1450 Merrill Street

Features
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Living SqFt: 4370
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Gas, Master Water, Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters
  • Water: Public
Carport and Parking
  • Carport Min: 5
Garage
  • Garage and Parking: Carport, Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 9
  • Area Text: Live Oak
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1450
  • Street Name: Merrill
  • Street Suffix: Street
  • Area ID: 45
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 4370
  • Structure SqFt Source: Other
  • Age: 69
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: RM-2.5
Location Information
  • City Limits: No
  • Parcel Number: 027-273-02-000
  • County Name: Santa Cruz
  • City Name: SANTA CRUZ
  • City Postal ID: 64
  • Postal Code: 95062
  • Elementary School District: 880
  • High School District Text: Santa Cruz City High
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .30
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 9
General Information
  • Annual Tax Amount: $45,374
  • Capitalization Rate: 5.11
  • Tenant Expenses: Utilities - Electric
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $8,735
  • Expense Landscape: $6,000
  • Expense Maintenance: $15,900
  • Expense Management: $3,000
  • Expense Trash: $6,720
  • Expenses Other: $3,960
  • Expenses Utility: $5,720
  • Expenses Total: $95,409
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Services - Gardener, Services - On-Site Manager, Services - Sewer, Services - Trash Removal, Utilities
  • Gross Rent Multiplier: 12.43
  • Income Annual Gross: $260,220
  • Income Annual Rental: $260,220
  • Income Gross Scheduled: $261,420
  • Income Other: $1,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 0
  • Unit 1 Number of Bedrooms: 1
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2

Property History for 1450 Merrill Street

DateEvent & SourcePriceAppreciation
Sep 9, 2025

Price Change

EBRD #ML82017054

$3,250,000
Sep 9, 2025

Price Change

MLSListings #ML82017054

$3,250,000
Aug 5, 2025

Price Change

EBRD #ML82017054

$3,395,000
Aug 5, 2025

Price Change

MLSListings #ML82017054

$3,395,000
Aug 5, 2025

Price Change

EBRD #ML82017054

$3,600,000
Aug 5, 2025

Price Change

MLSListings #ML82017054

$3,600,000
Aug 5, 2025

Listed (Active)

EBRD #ML82017054

$3,395,000
Aug 5, 2025

Listed (Active)

MLSListings #ML82017054

$3,395,000
Jul 23, 2025

Withdrawn

EBRD #ML82010023

Jul 23, 2025

Withdrawn

MLSListings #ML82010023

$3,600,000
Jun 6, 2025

Listed (Active)

EBRD #ML82010023

$3,600,000
Jun 6, 2025

Listed (Active)

MLSListings #ML82010023

$3,600,000
Oct 27, 2010

Price Change

RESFAR #80644690

$1,599,000
Sep 16, 2007

Expired

EBRD #ML80644690

Sep 15, 2007

Expired

MLSListings #ML80644690

$1,599,000
Sep 15, 2007

Expired

RESFAR #80644690

Jul 18, 2006

Listed (Active)

MLSListings #ML80644690

$1,695,000
Jul 18, 2006

Price Change

RESFAR #80644690

$1,695,000
Jul 18, 2006

Listed (Active)

EBRD #ML80644690

$1,695,000
Jul 18, 2006

Listed (Active)

RESFAR #80644690

$1,599,000
Aug 13, 1999

Sold

EBRD #ML89925250

$865,000
Aug 13, 1999

Sold

RESFAR #89925250

$865,000
Aug 13, 1999

Sold

MLSListings #ML89925250

$865,000
Jun 14, 1999

Pending

RESFAR #89925250

Jun 14, 1999

Pending

MLSListings #ML89925250

Jun 14, 1999

Pending

EBRD #ML89925250

Jun 8, 1999

Listed (Active)

MLSListings #ML89925250

$850,000
Jun 8, 1999

Listed (Active)

EBRD #ML89925250

$850,000
Jun 8, 1999

Listed (Active)

RESFAR #89925250

$850,000
DateEvent & SourcePrice
09/09/2025

Price Change

EBRD #ML82017054

$3,250,000
09/09/2025

Price Change

MLSListings #ML82017054

$3,250,000
08/05/2025

Price Change

EBRD #ML82017054

$3,395,000
08/05/2025

Price Change

MLSListings #ML82017054

$3,395,000
08/05/2025

Price Change

EBRD #ML82017054

$3,600,000
08/05/2025

Price Change

MLSListings #ML82017054

$3,600,000
08/05/2025

Listed (Active)

EBRD #ML82017054

$3,395,000
08/05/2025

Listed (Active)

MLSListings #ML82017054

$3,395,000
07/23/2025

Withdrawn

EBRD #ML82010023

07/23/2025

Withdrawn

MLSListings #ML82010023

$3,600,000
06/06/2025

Listed (Active)

EBRD #ML82010023

$3,600,000
06/06/2025

Listed (Active)

MLSListings #ML82010023

$3,600,000
10/27/2010

Price Change

RESFAR #80644690

$1,599,000
09/16/2007

Expired

EBRD #ML80644690

09/15/2007

Expired

MLSListings #ML80644690

$1,599,000
09/15/2007

Expired

RESFAR #80644690

07/18/2006

Listed (Active)

MLSListings #ML80644690

$1,695,000
07/18/2006

Price Change

RESFAR #80644690

$1,695,000
07/18/2006

Listed (Active)

EBRD #ML80644690

$1,695,000
07/18/2006

Listed (Active)

RESFAR #80644690

$1,599,000
08/13/1999

Sold

EBRD #ML89925250

$865,000
08/13/1999

Sold

RESFAR #89925250

$865,000
08/13/1999

Sold

MLSListings #ML89925250

$865,000
06/14/1999

Pending

RESFAR #89925250

06/14/1999

Pending

MLSListings #ML89925250

06/14/1999

Pending

EBRD #ML89925250

06/08/1999

Listed (Active)

MLSListings #ML89925250

$850,000
06/08/1999

Listed (Active)

EBRD #ML89925250

$850,000
06/08/1999

Listed (Active)

RESFAR #89925250

$850,000

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

Public Records for 1450 Merrill Street

Taxable ValueLand$822,291Additions$507,209Total$1,329,500
Tax Record2025$23,214 ($1,935 / month)
Home Facts
Baths4Total Finished SqFt3,198 SqFtAbove Grade Finished SqFt3,198 SqFtLot Size12,981 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningRM-2.5CountySANTA CRUZAPN027-273-02Fireplace TypeHas Fireplace

Schools near 1450 Merrill Street

This home is within Live Oak Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alternative Family Education School
PublicK to 12

Mission Hill Middle School
Public6 to 8

Soquel 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.

Similar Homes

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1450 Merrill Street is for sale in Santa Cruz, CA 95062. This property was listed for sale on August 5, 2025 by Shoemaker Commercial Real Estate, it's currently listed at $3,250,000. It has been on the market for a total of 164 days and was last sold on August 13, 1999. This listing's school districts are Live Oak Elementary School District, Santa Cruz City High School District. Nearby schools include Alternative Family Education School, Mission Hill Middle School and Soquel High School. 1450 Merrill Street is a 0-bed, 0-bath, 4,370 sqft built in 1956.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shoemaker Commercial Real Estate, Chris Shoemaker, DRE #01760812

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.