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Sold for $1,720,000
  • $1,720,000

    505-507 Hanover St, Santa Cruz, CA 95062

    4beds
    2baths
    1,840sqft
    Duplex, Residential Income
    Built in 1976
    -- sqft lot
    $1,726,500 Zestimate®
    $935/sqft
    $3,138 Estimated rent

    Home value

    $1,726,500

    $1.52M - $1.95M

    $3,138/mo

    Zestimate® history
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    $3,138/mo

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    $11,827/mo

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    $11,827/mo

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    What's special

    Two turn-key homes on one large lot with extra building area and each unit with its own address, private access, and polished finishes. Ideally situated in Santa Cruz's sunny Banana Belt neighborhood, just minutes from Seabright Beach, Pleasure Point, Downtown, and local amenities. It offers 2 updated 2BD/1BA -920 sq. ft. units with rebuilt baths, commercial grade LifeProof LVP flooring, new doors, fixtures, and ventilation fans. Unit 505 features a ground up kitchen remodel with quartz counters, dove gray cabinetry, subway tile to the ceiling, soft close drawers, recessed lighting on dimmers, builtin microwave, dishwasher, and gas range with electric ready option. Exterior highlights include Craftsman style front doors, new garage doors, private outdoor spaces, coastal rock garden, low maintenance turf, and irrigation. Unit 505 enjoys an enclosed front yard with gated entry plus an approximate 2,000 sq. ft extra lot area with potential for ADU, workshop, or big gardens! One unit is owner occupied and the other is tenant occupied at $3,500/month, creating a live in one, rent the other opportunity in a highly walkable beachside Seabright location close to restaurants, breweries, and everyday amenities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandi Jones 01385191 831-588-5145,

    KW Thrive Santa Cruz 831-457-5500

    Bought with:

    Joe Heller, 01769119

    Streamline Real Estate Inc.

    Source: MLSListings Inc,MLS#: ML82049464MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Central Forced Air
    Cooling
    • None
    Features
    • Doors: None
    Interior area
    • Total structure area: 1,840
    • Total interior livable area: 1,840 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, On Street
    • Garage spaces: 2
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 1
    Lot
    • Size: 8,756 Square Feet
    Details
    • Parcel number: 010081
    • Zoning: R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow,Craftsman
    • Property subtype: Duplex, Residential Income
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1976

    Utilities & green energy

    • Gas: IndividualGasMeters
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: Santa Cruz

    Financial & listing details

    • Price per square foot: $935/sqft
    • Annual tax amount: $17,042
    • Date on market: 6/10/2026
    • Listing agreement: ExclusiveRightToSell
    • Lease term: Month To Month

    Price history

    DateEventPrice
    8/10/2026Sold$1,720,000+7.5%$935/sqft
    Source: MLSListings Inc #ML82049464 Report a problem
    8/1/2026Pending sale$1,599,800$869/sqft
    Source: MLSListings Inc #ML82049464 Report a problem
    7/18/2026Price change$1,599,800-11.1%$869/sqft
    Source: MLSListings Inc #ML82049464 Report a problem
    6/10/2026Listed for sale$1,799,000$978/sqft
    Source: MLSListings Inc #ML82049464 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 95062

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,726,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,726,500