411 Broadway

Santa Cruz, CA 95060

$1,099,000
Price
Beds
2,115 Sq. Ft.
$520 / Sq. Ft.
2,115
Sq. Ft.
$520
per Sq. Ft.

Description

Calling all Investors! Solid rental income opportunity on Broadway. Main home is 3 bedrooms + 4 office/den, 2 bathroom. Newly constructed Studio ADU with full bathroom. Excellent location on bus line with easy access to UCSC and very close to Downtown Santa Cruz and the Beach Boardwalk. Original home underwent a significant rebuild/remodel in 2005 with new foundation, electrical and plumbing. Contractor owned. Roof is 10 years young and tankless H20 heater. 7 separately leased spaces generate $6175...Calling all Investors! Solid rental income opportunity on Broadway. Main home is 3 bedrooms + 4 office/den, 2 bathroom. Newly constructed Studio ADU with full bathroom. Excellent location on bus line with easy access to UCSC and very close to Downtown Santa Cruz and the Beach Boardwalk. Original home underwent a significant rebuild/remodel in 2005 with new foundation, electrical and plumbing. Contractor owned. Roof is 10 years young and tankless H20 heater. 7 separately leased spaces generate $6175 in rents in main home. New legal ADU conversion from existing garage features quality finishes with recessed lighting, stainless steel appliances, and LVP flooring. Projected rents estimated $8175++
  1. Listed by Aimee Thayer-Garcia • DRE #01846533 • Brokerage DRE #01386067 • Montalvo Homes & Estates • 831-435-9146
  2. Listed by Derek Timm • DRE #01386067 • Brokerage DRE #01386067 • Montalvo Homes & Estates

Property Details for 411 Broadway

MLS City Name
SANTA CRUZ
Building Type
OTHER
Garage Spaces
0
Parking Spaces
3
Cross Street
Broadway and Oce

Location

Listing Courtesy of Montalvo Homes & Estates, Aimee Thayer-Garcia, DRE #01846533; Montalvo Homes & Estates, Derek Timm, DRE #01386067
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LISTING UPDATED: 04/26/2024 12:20 AM

Property Details for 411 Broadway

StatusActive
MLS #ML81961350
Days on Compass16
Taxes$7,259 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1888
Lot Size0.05 AC / 2,222 SF
CountySanta Cruz County

Location

Listing Courtesy of Montalvo Homes & Estates, Aimee Thayer-Garcia, DRE #01846533; Montalvo Homes & Estates, Derek Timm, DRE #01386067
Add your commute

Building Information for 411 Broadway

Stories-Residences-Year Built1888Lot Size0.05 AC / 2,222 SF

Payment Calculator

$6,603 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 411 Broadway

Features
Room Information
  • Additional Rooms: Laundry Room, Loft, Storage
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Oven - Gas, Refrigerator
Features
  • Amenities: Skylight
  • Energy Features: Tankless Water Heater
  • Fireplace: No
  • Flooring: Hardwood
  • Laundry: Washer / Dryer
  • Living SqFt: 2115
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas, Forced Air
  • 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, Unassigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: East Santa Cruz
  • Roof: Composition
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Assessor
  • Street Number: 411
  • Street Name: Broadway
  • Area ID: 42
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 2115
  • Structure SqFt Source: Other
  • Age: 136
Development Information
  • Ownership Type: Condominium Ownership
  • Zoning Detail: Condo
Location Information
  • City Limits: Yes
  • Directions: Unit A: Front house on Broadway and New ADU
  • Incorporated: Yes
  • Parcel Number: 005-941-02-000
  • 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: Reinforced Concrete
  • Horse Property: No
  • Lot Acres: .05
  • 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: 1
General Information
  • Annual Tax Amount: $7,259
  • Capitalization Rate: 7.87
  • 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: $1,862
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $2,500
  • Expenses Utility: $0
  • Expenses Total: $11,621
  • Operating Expenses Include: Insurance, Maintenance
  • Gross Rent Multiplier: 11.20
  • Income Annual Gross: $98,100
  • Income Annual Rental: $98,100
  • Income Gross Scheduled: $98,100
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $6,175
Unit 2 Information
  • Unit 2 Approx Square Footage: 349
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,000
Unit Type 1
  • Unit Type1 Approx SqFt: 2115

Property History for 411 Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 411 Broadway

Taxable ValueLand-Additions-Total-
Home Facts
CountySANTA CRUZAPN005-302-13

Schools near 411 Broadway

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
Gault 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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411 Broadway is for sale in Santa Cruz, CA 95060. This property was listed for sale on April 14, 2024 by Montalvo Homes & Estates, it's currently listed at $1,099,000. It has been on the market for a total of 16 days and was last sold on January 3, 2005. This listing's school districts are Santa Cruz City High School District, Santa Cruz City Elementary School District. Nearby schools include Gault Elementary School, Mission Hill Middle School and Harbor High School. 411 Broadway is a 0-bed, 0-bath, 2,115 sqft built in 1888.

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 Montalvo Homes & Estates, Aimee Thayer-Garcia, DRE #01846533; Montalvo Homes & Estates, Derek Timm, DRE #01386067

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.