1803 Halterman Avenue, Santa Cruz, California 95062, Santa Cruz, 95062 - bed, bath
ACTIVE$2,250,000$4,991/sqft
1803 Halterman Avenue, Santa Cruz, California 95062
0Bed
0Bath
4,991Sqft
13,852Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Expansion Potential: Significant potential to convert the 4-Plex into a 6-Plex, supported by a Land Use Planner report, surveyed parcel, and identified building envelopes, offering substantial future income growth.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4991, other record living area = 3748.
Compared to the nearby listings
Price:$2.25M vs avg $2.00M (+$250,000)80%
Size:4,991 sqft vs avg 2,759 sqft80%
Price/sqft:$451 vs avg $67340%
More Insights
Built in 1966 (60 years old).
Condition: The property, built in 1966, benefits significantly from recent remodels of all four kitchens and bathrooms, as stated in the description and evidenced by the images. The kitchens feature modern white cabinetry, updated countertops, and a mix of white and stainless steel appliances. Bathrooms showcase contemporary vanities, fixtures, and subway tile surrounds, appearing clean and well-maintained. While the overall building is older and core systems like HVAC are not specified, the critical interior spaces are move-in ready and aesthetically pleasing, aligning with a 'Good' condition score for a multi-unit property that has undergone substantial recent updates to its living areas.
Year Built
1966
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$451
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030395
Home ConditionGood
Features
Good View: None
Deck
Patio
ViewNone
About this home
A gem of a 4 Plex with potential to be a 6 Plex, centrally located. Close to 41st Avenue for shopping and entertainment, Simpkins Swim Center for a good work out, short Drive to the Beach, located on a large parcel in a quite neighborhood. Possible to add 2 Modular single level units. Report by a Land Use Planner indicates a strong possibility, parcel has been surveyed and building envelopes identified. The property has been well maintained all 4 kitchens and bathrooms have been remodeled. Building has a Pest Inspection Clearance. 2nd floor balcony area and access has had all SB 721 work completed. Please do not disturb tenants.
P
Paul Bailey
Listing Agent
Price History
Date
Event
Price
03/20/19
Sold
$48,000
Condition Rating
Good
The property, built in 1966, benefits significantly from recent remodels of all four kitchens and bathrooms, as stated in the description and evidenced by the images. The kitchens feature modern white cabinetry, updated countertops, and a mix of white and stainless steel appliances. Bathrooms showcase contemporary vanities, fixtures, and subway tile surrounds, appearing clean and well-maintained. While the overall building is older and core systems like HVAC are not specified, the critical interior spaces are move-in ready and aesthetically pleasing, aligning with a 'Good' condition score for a multi-unit property that has undergone substantial recent updates to its living areas.
Pros & Cons
Pros
Expansion Potential: Significant potential to convert the 4-Plex into a 6-Plex, supported by a Land Use Planner report, surveyed parcel, and identified building envelopes, offering substantial future income growth.
Prime Location: Centrally located in Santa Cruz, providing easy access to 41st Avenue for shopping and entertainment, Simpkins Swim Center, and a short drive to the beach, enhancing tenant desirability.
Recent Renovations: All four kitchens and bathrooms have been recently remodeled, offering modern and appealing interiors that reduce immediate renovation needs for new ownership.
Well-Maintained & Compliant: The property is well-maintained, boasts a Pest Inspection Clearance, and has completed all SB 721 work for the 2nd-floor balcony and access, indicating proactive management and compliance.
Large Parcel Size: Situated on a generous 13,852 sqft parcel, providing ample space for the existing units and accommodating the proposed expansion for additional modular units.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4991, other record living area = 3748.
Age of Building & System Updates: Built in 1966, while interiors are updated, the core structure and other major systems (e.g., plumbing, electrical, HVAC, roof) may be original or older, potentially requiring future capital expenditures.
Tenant Occupancy & Viewing Restrictions: The property is tenant-occupied with a 'do not disturb' directive, which may limit comprehensive inspections of all units and complicate the sales process or immediate owner-occupancy.
No Mention of Cooling System: The property description does not specify the presence of a cooling system, which could be a drawback for tenant comfort during warmer months and a potential future investment.