1103 Mission Street, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$899,000
1103 Mission Street, Santa Cruz, California 95060
3Beds
2Baths
1,706Sqft
6,839Lot
Year Built
1938
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$527
HOA
-
Days on market
60 Days
Sold On
2025-11-25
MLS number
ML82022999
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $899.0K(6th), sqft - 1706(45th), beds - 3(50th), baths - 2(50th).
Multi-Use Investment/Santa Cruz - Rare PA Zoning - commercial use required for any potential residential use - Front commercial space ideal for retail, office or studio - Possibility of two income producing residential units - Excellent live/work opportunity - Minutes from downtown Santa Cruz and UCSC Versatile, well-located, and investment ready!
Price History
Date
Event
Price
09/26/25
Listing
$899,000
Condition Rating
Poor
Built in 1938, this property shows significant age with no apparent major renovations in recent decades. The bathroom, with its yellow toilet seat, outdated vanity, and old tile, is a clear indicator of a very old, un-renovated space. The general interior, including the carpet and light fixtures, also appears dated. While the structure seems sound, the property requires substantial repairs and rehabilitation, particularly in the kitchen and bathrooms, to meet modern living standards and comfort.
Pros & Cons
Pros
Rare PA Zoning: The property boasts rare PA zoning, allowing for a unique combination of commercial and residential uses, significantly expanding its market appeal and potential applications.
High Income Potential: Offers strong income generation possibilities with a front commercial space suitable for retail, office, or studio, and the potential to develop two income-producing residential units.
Excellent Live/Work Opportunity: Explicitly highlighted as an 'excellent live/work opportunity,' catering to a growing demand for integrated living and professional spaces in a desirable location.
Prime Location: Strategically located just minutes from downtown Santa Cruz and UCSC, ensuring high visibility, accessibility, and desirability for both commercial tenants and residents.
Versatile Investment: Described as 'versatile' and 'investment ready,' providing flexibility for various business models, personal use, or a combination, appealing to a broad range of investors.
Cons
Zoning Restriction for Residential Use: Residential use is contingent upon a commercial use requirement, which could complicate financing, permitting, or appeal to buyers seeking purely residential properties.
Age of Property: Built in 1938, the property is older and may require significant updates, renovations, or maintenance to modernize systems, aesthetics, or meet current building codes.
Potential for Capital Investment: While 'investment ready' in concept, fully realizing the multi-use potential, such as converting to two residential units or fitting out the commercial space, will likely require substantial additional capital expenditure.