1031 Cayuga Street, Santa Cruz, California 95062, Santa Cruz, 95062 - bed, bath
1031 Cayuga Street
Santa Cruz, California 95062
Property Price
SUMMARY
Analysis of 1031 Cayuga Street, Santa Cruz, California 95062 is currently available with a list price of $2,250,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Cruz Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 2001, the property has undergone a recent and extensive 'fully permitted custom remodel' where 'only the shell of the old home remains' for Unit A, and Unit C also features a 'bright & beautiful kitchen.' The images confirm that all visible components, including kitchens, bathrooms, flooring, appliances, and light fixtures, are virtually new, modern, and high-quality. The kitchens feature quartz countertops and stainless steel appliances, while bathrooms boast custom tiling and contemporary fixtures. The property shows no signs of deferred maintenance and meets current quality standards, aligning perfectly with the 'Excellent' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Coveted Location
The property is situated in a highly desirable 'Coveted Seabright Location' in Santa Cruz, enhancing its appeal and potential value.
- Multi-Unit Income Potential
Features three detached, freestanding units, each with separate water/power meters and inside laundry, offering significant rental income potential or multi-generational living options.
- High-Quality & Permitted Remodel
Unit A, the original home, underwent a fully permitted custom remodel by an architect and reputable construction service, indicating high-quality finishes and structural integrity.
CONSRISKS & DEFICIENCIES
- Estimated Rental Income
The provided rental amounts are stated as 'estimates,' which may indicate a lack of concrete rental history or current leases, potentially requiring further due diligence for investors.
- Extended Days on Market & Price Reduction
The property has been on the market for 304 days and has seen a significant price reduction from $3.25M to $2.25M, suggesting challenges in its initial valuation or market reception.
- Complex Management
Managing three separate detached units, each with individual meters and yard spaces, could present more complex landlord responsibilities compared to a single-family home or a typical duplex.
About 1031 Cayuga Street
THREE DETACHED UNITS IN A COVETED SEABRIGHT LOCATION! THE SELLERS DID NOT CUT ANY CORNERS ON THIS PROJECT!!! ALL 3 UNITS ARE FREESTANDING & HAVE SEPARATE BEAUTIFULLY LANDSCAPED & FENCED YARD SPACES FOR PLAYING WITH YOUR PETS OR JUST ENJOYING SOME PEACE & SUNSHINE. PROPERTY HAS 3 SEPARATE WATER & POWER METERS & INSIDE LAUNDRY IN EACH UNIT.." UNIT A" IS THE ORIGINAL HOME & WAS DESIGNED BY ARCHITECT KEITH GORDON AND BUILT BY COAST CONSTRUCTION SERVICES. IT JUST UNDERWENT A FULLY PERMITTED CUSTOM REMODEL. ONLY THE SHELL OF THE OLD HOME REMAINS. "UNIT A" FEATURES 3 BEDS 2 BATHS WITH STRUCTUALLY ENGINEERED VAULTED CEILINGS, CHEFS DREAM KITCHEN, QUARTZ COUNTERS & QUALITY APPLIANCES & CUSTOM BATHS. "UNIT B" IS A BRIGHT AND CHEERFUL 698 SQ. FT.1 BED 1 BATH OVER THE 2 CAR GARAGE & CARPORT FEATURING VAULTED CEILINGS TO LET THE SUN SHINE IN. "UNIT C" IS A 2 BED 1.5 BATH UNIT WITH LOTS OF WINDOWS A BRIGHT & BEAUTIFUL KITCHEN, DELIGHTFUL PRIVATE FENCED YARD WITH DECK. RENTAL AMOUNTS ARE ESTIMATES
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 2001
- Lot Size
- 7,614 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2001 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Aug 7, 2025
$2,250,000
Initial Listing
Price Change
Mar 28, 2022
$3,250,000
Initial Listing