441 34th Avenue

Santa Cruz, CA 95062

$2,900,000
Last Sold Price
Beds
3,450 Sq. Ft.
$841 / Sq. Ft.
3,450
Sq. Ft.
$841
per Sq. Ft.

Description

Quality/Clean upgraded 4-Plex. Highly coveted area where avg single family homes sell for well over $1500/sqft. -Rare multi-family opportunity in this neighborhood. Amenities and location leave a tremendous upside to capture 20+%- Less desirable locations in SC 3 br's renting for significantly more. The location allows tenants/owner the quintessential Santa Cruz Lifestyle. In the heart of Pleasure Point walking distance to ocean, world class surf, all the lively coffee shops, neighborhood restaurants,...Quality/Clean upgraded 4-Plex. Highly coveted area where avg single family homes sell for well over $1500/sqft. -Rare multi-family opportunity in this neighborhood. Amenities and location leave a tremendous upside to capture 20+%- Less desirable locations in SC 3 br's renting for significantly more. The location allows tenants/owner the quintessential Santa Cruz Lifestyle. In the heart of Pleasure Point walking distance to ocean, world class surf, all the lively coffee shops, neighborhood restaurants, shopping, surf shops and more. The four- 3BR/1 Bth units feature stainless steel appliances, tiled showers,1 car garages, own washer/dryer and private fenced yards. What tenant wouldn't want to live here. Current ownership in process of getting entitlements to add 3 more units adding to upside potential. Rarely does this combination present it self to the market. Must see for all investors.
  1. Listed by Andy Kay • DRE #00922383 • eXp Realty of California Inc • 831-239-9002

Property Details for 441 34th Avenue

MLS City Name
SANTA CRUZ
Building Type
FOURPLEX
Garage Spaces
4
Parking Spaces
4

Location

Listing Courtesy of eXp Realty of California Inc, Andy Kay, DRE #00922383

Sold By RF Real Estate, Raeid Farhat, DRE #01295607

Add your commute
LISTING UPDATED: 09/02/2022 02:56 PM

Property Details for 441 34th Avenue

StatusSold
MLS #ML81902508
Days on Compass23
Taxes$36,893 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1964
Lot Size0.23 AC / 9,888 SF
CountySanta Cruz County

Location

Listing Courtesy of eXp Realty of California Inc, Andy Kay, DRE #00922383

Sold By RF Real Estate, Raeid Farhat, DRE #01295607

Add your commute

Building Information for 441 34th Avenue

Stories2Residences4Year Built1964Building Size-Lot Size0.23 AC / 9,888 SF

Payment Calculator

$18,901 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,826

Property Taxes

$3,074

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 441 34th Avenue

Features
Features
  • Fireplace: No
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 3450
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Common Parking Area, Off-Site Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Live Oak
  • Roof: Composition
  • Stories: 2.0
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 441
  • Street Name: 34th
  • Street Suffix: Avenue
  • Area ID: 45
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 3450
  • Structure SqFt Source: Other
  • Age: 58
Development Information
  • Zoning Detail: R-1-4-PP
Location Information
  • Directions: Block from Ocean/surf off E Cliff Dr.
  • Parcel Number: 032-141-01
  • 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 Perimeter
  • Horse Property: No
  • Lot Acres: .23
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
General Information
  • Annual Tax Amount: $36,893
  • Building Unit Total: 4
  • Capitalization Rate: 4.15
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Other
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,400
  • Expense Landscape: $0
  • Expense Maintenance: $1,050
  • Expense Management: $8,592
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $7,920
  • Expenses Total: $56,855
  • Operating Expenses Include: Maintenance - Capital Improvements, Utilities
  • Gross Rent Multiplier: 16.37
  • Income Annual Gross: $177,156
  • Income Annual Rental: $175,176
  • Income Gross Scheduled: $177,156
  • Income Other: $1,980
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,465
Unit 2 Information
  • Unit 2 Approx Square Footage: 860
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $3,410
Unit 3 Information
  • Unit 3 Approx Square Footage: 860
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 3
  • Unit 3 Rent: $3,900
Unit 4 Information
  • Unit 4 Approx Square Footage: 860
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 3
  • Unit 4 Rent: $3,823
Unit Type 1
  • Unit Type1 Approx SqFt: 860
Listing Info
Rental Info
  • Lease Type: Net

Property History for 441 34th 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 441 34th Avenue

Taxable ValueLand$1,975,000Additions$850,000Total$2,825,000
Tax Record2022$34,567 ($2,881 / month)
Home Facts
Baths2Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtLot Size9,888 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964Year Renovated2000ZoningR-1-4-PPCountySANTA CRUZAPN032-141-01

Schools near 441 34th Avenue

This home is within Live Oak Elementary 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
Del Mar Elementary School
PublicK to 5

Mission Hill Middle School
Public6 to 8

Harbor 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

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Similar Sold Homes

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Listing Courtesy of eXp Realty of California Inc, Andy Kay, DRE #00922383

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.