514 Washington St

Santa Cruz, CA 95060

$1,495,000
Price
Beds
Baths
2,323 Sq. Ft.
$644 / Sq. Ft.
2,323
Sq. Ft.
$644
per Sq. Ft.

Description

Classicly styled Victorian located in the heart of Santa Cruz's downtown historic district.  Easily accessible to beaches, downtown, public transportation, restaurants, & culture.  The Victorian-era building still maintains some stylistic features, like dentil moldings, decorative trim, patterned siding, high ceilings, transom windows, and ornamentation.  The embellished gables lend height and grandeur to the home. There are 3 self-contained units within the building. 1 studio, 1 2bedroom unit, and...Classicly styled Victorian located in the heart of Santa Cruz's downtown historic district.  Easily accessible to beaches, downtown, public transportation, restaurants, & culture.  The Victorian-era building still maintains some stylistic features, like dentil moldings, decorative trim, patterned siding, high ceilings, transom windows, and ornamentation.  The embellished gables lend height and grandeur to the home. There are 3 self-contained units within the building. 1 studio, 1 2bedroom unit, and 1 2-3 bedroom unit. There is a detached garage with laundry facilities for one of the units. Each unit has separate gas and electric meters.  Water and garbage is paid for by the property owner. The central location is ideal for any income producing property, but this location is a dream. Close to everything, yet on a quiet Ginkgo tree-lined street. A 3 minute walk to downtown eateries, shops, and parks. A 15 minute walk to beaches and the Santa Cruz Municipal Wharf. Surfing is equally close. For those who need access to UCSC (University of California at Santa Cruz), the bus line is 1 block away!
  1. Listed by Genie Lawless • DRE #01475576 • Brokerage DRE #00793982 • David Lyng Real Estate • 831-247-9891

Property Details for 514 Washington Street

MLS City Name
SANTA CRUZ
Building Type
TRIPLEX
Style
Victorian
Garage Spaces
1
Parking Spaces
3
Cross Street
Lincoln, Maple
LISTING UPDATED: 06/03/2025 07:51 AM

Property Details for 514 Washington Street

StatusActive
MLS #ML82008681
Days on Compass44
Taxes$12,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1901
Lot Size0.11 AC / 4,879 SF
CountySanta Cruz County

Location

Listing Courtesy of David Lyng Real Estate, Genie Lawless, DRE #01475576
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Building Information for 514 Washington Street

Stories2Residences3Year Built1901Building Size-Lot Size0.11 AC / 4,879 SF

Payment Calculator

$8,833 per month

30 year fixed, 6.845% Interest

Principal and Interest

$7,833

Property Taxes

$1,000

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 514 Washington Street

Features
External Links
Room Information
  • Kitchen: Countertop - Tile, Oven Range, Refrigerator, Other
Features
  • Amenities: High Ceiling, Walk-in Closet
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 2323
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Forced Air, Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: West Santa Cruz
  • Roof: Composition
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 514
  • Street Name: Washington
  • Street Suffix: Street
  • Area ID: 43
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2323
  • Structure SqFt Source: Assessor
  • Age: 124
Development Information
  • Zoning Detail: Residential
Location Information
  • City Limits: Yes
  • Directions: From Hwy 1 northbound. At hwy 1 & Mission St stoplight, head downhill on Chestnut St. Turn left on Lincoln Street, then turn right onto Washington St. Property is located on the lefthand side of the street.
  • Incorporated: Yes
  • Parcel Number: 005-133-11-000
  • 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 Elementary
Lot Information
  • Foundation: Concrete Perimeter, Quake Bracing
  • Horse Property: No
  • Lot Acres: .11
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Deck, Low Maintenance
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $12,000
  • Building Unit Total: 3
  • Capitalization Rate: 4.01
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,800
  • Expense Landscape: $4,320
  • Expense Maintenance: $0
  • Expense Management: $5,330
  • Expense Trash: $1,500
  • Expenses Other: $1,044
  • Expenses Utility: $2,900
  • Expenses Total: $28,894
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 16.83
  • Income Annual Gross: $88,838
  • Income Annual Rental: $88,838
  • Income Gross Scheduled: $88,838
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,175
Unit 2 Information
  • Unit 2 Approx Square Footage: 665
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,895
Unit 3 Information
  • Unit 3 Approx Square Footage: 260
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 0
  • Unit 3 Rent: $1,333
Unit Type 1
  • Unit Type1 Approx SqFt: 1122

Property History for 514 Washington Street

DateEvent & SourcePriceAppreciation
May 28, 2025

Listed (Active)

MLSListings #ML82008684

$1,495,000
May 28, 2025

Listed (Active)

MLSListings #ML82008681

$1,495,000
May 28, 2025

Listed (Active)

EBRD #ML82008684

$1,495,000
May 28, 2025

Listed (Active)

EBRD #ML82008681

$1,495,000
Jan 23, 2008

Sold

EBRD #ML80764460

$875,000
Jan 23, 2008

Sold

MLSListings #ML80764460

$875,000
Jan 23, 2008

Sold

RESFAR #80764460

$875,000
Jan 15, 2008

Sold (Public Record)

Public Record #231873760

$875,000

+6.4% / yr

Dec 7, 2007

Pending

RESFAR #80764460

Dec 7, 2007

Pending

MLSListings #ML80764460

Dec 7, 2007

Pending

EBRD #ML80764460

Nov 27, 2007

Listed (Active)

MLSListings #ML80764460

$879,000
Nov 27, 2007

Listed (Active)

EBRD #ML80764460

$879,000
Nov 27, 2007

Listed (Active)

RESFAR #80764460

$879,000
Oct 24, 2003

Sold (Public Record)

Public Record #122529485

$672,000
DateEvent & SourcePrice
05/28/2025

Listed (Active)

MLSListings #ML82008684

$1,495,000
05/28/2025

Listed (Active)

MLSListings #ML82008681

$1,495,000
05/28/2025

Listed (Active)

EBRD #ML82008684

$1,495,000
05/28/2025

Listed (Active)

EBRD #ML82008681

$1,495,000
01/23/2008

Sold

EBRD #ML80764460

$875,000
01/23/2008

Sold

MLSListings #ML80764460

$875,000
01/23/2008

Sold

RESFAR #80764460

$875,000
01/15/2008

Sold (Public Record)

Public Record #231873760

$875,000

+6.4% / yr

12/07/2007

Pending

RESFAR #80764460

12/07/2007

Pending

MLSListings #ML80764460

12/07/2007

Pending

EBRD #ML80764460

11/27/2007

Listed (Active)

MLSListings #ML80764460

$879,000
11/27/2007

Listed (Active)

EBRD #ML80764460

$879,000
11/27/2007

Listed (Active)

RESFAR #80764460

$879,000
10/24/2003

Sold (Public Record)

Public Record #122529485

$672,000

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

Public Records for 514 Washington Street

Taxable ValueLand$772,660Additions$354,136Total$1,126,796
Tax Record2024$12,955 ($1,080 / month)
Home Facts
Baths3Total Finished SqFt2,323 SqFtAbove Grade Finished SqFt2,323 SqFtLot Size4,879 SqFtStyleTriplexYear Built1901CountySANTA CRUZAPN005-133-11Fireplace TypeHas Fireplace

Schools near 514 Washington 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
Westlake 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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514 Washington Street is a multi-family home for sale in Santa Cruz, CA 95060. This property was listed for sale on May 28, 2025 by David Lyng Real Estate, it's currently listed at $1,495,000. It has been on the market for a total of 44 days and was last sold on January 23, 2008. This listing's school districts are Santa Cruz City High School District, Santa Cruz City Elementary School District. Nearby schools include Westlake Elementary School, Mission Hill Middle School and Harbor High School. 514 Washington Street is a 0-bed, 0-bath, 2,323 sqft multi-family home built in 1901.

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. 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 David Lyng Real Estate, Genie Lawless, DRE #01475576

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.