126 Cedar Street

Santa Cruz, CA 95060

$1,695,000
Price
Beds
1,374 Sq. Ft.
$1,234 / Sq. Ft.
1,374
Sq. Ft.
$1,234
per Sq. Ft.

Description

Rare opportunity to own this investment duplex in Downtown Santa Cruz. Property has been in the family for generations. Unique Victorian with upgraded flooring, windows, appliances, and plumbing fixtures. Downstairs 2 bedroom 1 bath unit with charming front porch facing Spruce Street. Quaint and inviting upstairs 1 bedroom 1 bath unit. Property located near Kaiser Permanente Arena and close to the Downtown Plan new Santa Cruz Riverwalk under development. Don't miss this desirable income property...Rare opportunity to own this investment duplex in Downtown Santa Cruz. Property has been in the family for generations. Unique Victorian with upgraded flooring, windows, appliances, and plumbing fixtures. Downstairs 2 bedroom 1 bath unit with charming front porch facing Spruce Street. Quaint and inviting upstairs 1 bedroom 1 bath unit. Property located near Kaiser Permanente Arena and close to the Downtown Plan new Santa Cruz Riverwalk under development. Don't miss this desirable income property with tremendous upside potential.
  1. Listed by Mike Morgan • DRE #01138930 • Brokerage DRE #01908304 • Coldwell Banker Realty • 831-419-1225

Property Details for 126 Cedar Street

MLS City Name
SANTA CRUZ
Building Type
DUPLEX
Style
Victorian
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Coldwell Banker Realty, Mike Morgan, DRE #01138930
Add your commute
LISTING UPDATED: 04/12/2024 12:20 AM

Property Details for 126 Cedar Street

StatusActive
MLS #ML81956315
Days on Compass55
Taxes$1,100 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1883
Lot Size0.07 AC / 3,223 SF
CountySanta Cruz County

Location

Listing Courtesy of Coldwell Banker Realty, Mike Morgan, DRE #01138930
Add your commute

Building Information for 126 Cedar Street

Stories2Residences2Year Built1883Building Size-Lot Size0.07 AC / 3,223 SF

Payment Calculator

$9,342 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,250

Property Taxes

$92

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 126 Cedar Street

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Oven Range - Electric, Oven Range - Gas, Refrigerator
Features
  • Amenities: High Ceiling
  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 1374
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Gas
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Dual Pane Windows
  • Area Text: West Santa Cruz
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 126
  • Street Name: Cedar
  • Street Suffix: Street
  • Area ID: 43
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 1374
  • Structure SqFt Source: Assessor
  • Age: 141
Development Information
  • Construction Type: Wood
  • Zoning Detail: RES
Location Information
  • City Limits: Yes
  • Parcel Number: 007-022-01-000
  • 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: Other
  • Horse Property: No
  • Lot Acres: .07
  • Lot Description: Grade - Level
  • 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: 2
General Information
  • Annual Tax Amount: $1,100
  • Building Unit Total: 2
  • Capitalization Rate: 2.24
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $950
  • Expense Landscape: $1,800
  • Expense Maintenance: $1,100
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $1
  • Expenses Total: $4,951
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Gross Rent Multiplier: 39.57
  • Income Annual Gross: $42,840
  • Income Annual Rental: $42,840
  • Income Gross Scheduled: $42,840
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,270
Unit 2 Information
  • Unit 2 Approx Square Footage: 400
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,300
Unit Type 1
  • Unit Type1 Approx SqFt: 974

Property History for 126 Cedar Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 126 Cedar Street

Taxable ValueLand$16,132Additions$31,220Total$47,352
Tax Record2023$1,072 ($89 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,374 SqFtAbove Grade Finished SqFt1,374 SqFtLot Size3,223 SqFtStyleSingle Family ResidenceYear Built1883CountySANTA CRUZAPN007-022-01

Schools near 126 Cedar 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.

Similar Homes

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Similar Sold Homes

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126 Cedar Street is a multi-family home for sale in Santa Cruz, CA 95060. This property was listed for sale on March 4, 2024 by Coldwell Banker Realty, it's currently listed at $1,695,000. It has been on the market for a total of 55 days and was last sold on March 1, 2024. This listing's school districts are Santa Cruz City High School District, Santa Cruz City Elementary School District. Nearby schools include Bay View Elementary School, Mission Hill Middle School and Harbor High School. 126 Cedar Street is a 0-bed, 0-bath, 1,374 sqft multi-family home built in 1883.

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 Coldwell Banker Realty, Mike Morgan, DRE #01138930

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.