Sold for $1,987,500

$1,987,500

409 2nd St, Santa Cruz, CA 95060

6beds

4baths

4,136sqft

Quadruplex, Residential Income

Built in 1925

-- sqft lot

$2,145,300 Zestimate^®

$481/sqft

$4,246 Estimated rent

Home value

$2,145,300

$1.89M - $2.45M

$4,246/mo

Zestimate^® history

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$4,246/mo

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$4,246/mo

Rent Zestimate^®

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$13,065/mo

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$13,065/mo

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What's special

Spanish style cottagesNew roofsLush landscapingTankless water heaters

409 2nd Street is a beautiful 4-Plex sharing a property line with 413-417 2nd Street. The Property includes: (2) 2 Bedroom / 1 Bathroom Units, and (2) 1 Bedroom / 1 Bathroom Units. The property features oversized units with separate interior and exterior entrances, a rooftop deck with ocean views, upgraded electrical service, and a detached unoccupied/currently unwarranted studio unit. Tenants benefit from assigned carport parking with storage lockers, a laundry facility, and unparalleled walkability to various restaurants, retail and recreatin options Santa Cruz offers Can be purchased seperately or in combination with 413-417 2nd St. (12 Units) and or 123 Pearl St. (9 Units).

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Wall Furnace

Cooling

None

Features

Doors: None

Interior area

Total structure area: 4,136
Total interior livable area: 4,136 sqft

Property

Parking

Total spaces: 4
Parking features: Carport
Carport spaces: 4

Accessibility

Accessibility features: None

Lot

Size: 6,403 Square Feet

Details

Parcel number: 00721302000
Zoning: Multi-family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Residential Income

Materials

Foundation: Reinforced Concrete
Roof: Flat

Condition

Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Public, Individual Electric Meters

Community & HOA

Location

Region: Santa Cruz

Financial & listing details

Price per square foot: $481/sqft
Tax assessed value: $2,027,250
Annual tax amount: $24,777
Date on market: 6/18/2024
Listing agreement: ExclusiveRightToSell
Inclusions: Building
Lease term: Month To Month

Price history

Date	Event	Price
12/9/2024	Sold	$1,987,500-9.7%$481/sqft
Source: MLSListings Inc #ML81970014 Report a problem
9/19/2024	Contingent	$2,200,000$532/sqft
Source: MLSListings Inc #ML81970014 Report a problem
9/19/2024	Listed for sale	$2,200,000$532/sqft
Source: MLSListings Inc #ML81970014 Report a problem
9/19/2024	Contingent	$2,200,000$532/sqft
Source: MLSListings Inc #ML81970014 Report a problem
6/18/2024	Listed for sale	$2,200,000+335.6%$532/sqft
Source: MLSListings Inc #ML81970014 Report a problem
10/2/1998	Sold	$505,000$122/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$2,027,250 +30.7%
2025	$18,436 +7.1%	$1,550,775 +2%
2024	$17,212 +1.2%	$1,520,368 +2%
2023	$17,003 +1.1%	$1,490,557 +2%
2022	$16,811 +2.1%	$1,461,330 +2%
2021	$16,460 +0.8%	$1,432,677 +1%
2020	$16,331 +2.2%	$1,417,986 +2%
2019	$15,986 +1.2%	$1,390,183 +2%
2018	$15,804 +1.3%	$1,362,924 +2%
2017	$15,601 +19.4%	$1,336,200 +15.7%
2016	$13,065 +3%	$1,154,932 +1.5%
2015	$12,682 +1.7%	$1,137,582 +2%
2014	$12,467	$1,115,298 +2.5%
2012	--	$1,088,488 +2%
2011	--	$1,067,145 +0.8%
2010	--	$1,059,169 -0.2%
2009	--	$1,061,685 +2%
2008	--	$1,040,868 +76.1%
2007	--	$590,918 +2%
2006	--	$579,331 +2%
2005	--	$567,971 +2%
2004	--	$556,834 +1.9%
2003	--	$546,628 +2%
2002	--	$535,910 +2%
2001	--	$525,402 +2%
2000	--	$515,100