212 Cedar Street, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 2 bath
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212 Cedar Street
Santa Cruz, California 95060
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,175Sq Ft
2,614Lot Size
Property Price
LIST PRICE$1,099,000
EST. MARKET VALUE
$1,140,127
3% BelowMARKET VALUE
SUMMARY
This Dual-Unit Residential Asset is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,140,128 Fair Market Value by 3%. This valuation gap offers $41,128 in Instant Equity for the buyer. With a Condition Rating of 3, the property features a versatile 2-bedroom upper unit and a private studio, complemented by a private backyard with a sauna. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating property in a prime downtown location.
Estimated Market Value
$1,140,127+$41,127 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Cruz.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 Cedar Street Subject 3 bd · 2 ba · 1,175 sqft · $970 | $1,099,000* List Price | 3 | 2 | 1,175 | $970 | - |
A 10 Mary Case Lane Sold 3 bd · 3 ba · 1,262 sqft · $951 · 0.4 mi | $1,200,000 | 3 | 3 | 1,262 | $951 | 0.4 mi |
B 312 Elm Street Sold 2 bd · 2 ba · 1,036 sqft · $1,018 · 0.2 mi | $1,055,000 | 2 | 2 | 1,036 | $1,018 | 0.2 mi |
C 215217 Roberts Street Active Under Contract 2 bd · 2 ba · 1,338 sqft · $744 · 0.4 mi | $995,000 List Price | 2 | 2 | 1,338 | $744 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Despite the 1900 build date, the property is well-maintained and move-in ready. The kitchens and bathrooms have been updated with paint and functional appliances, likely within the 10-20 year range. The electrical panel appears modern, and the exterior, garage, and backyard show significant recent improvements, including a sauna and professional landscaping.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the heart of downtown Santa Cruz, the property offers exceptional walkability to the Wharf, Boardwalk, beaches, and local dining, making it highly desirable for both tenants and owner-occupants.
- Dual-Unit Versatility
The duplex configuration, featuring a 2-bedroom upper residence and a private lower studio, provides flexible options for rental income, multigenerational living, or an owner-occupant house hack.
- Private Urban Oasis
Despite its central location, the property features a lush, private backyard complete with a sauna and mature greenery, offering a rare and relaxing outdoor retreat in a dense urban setting.
CONSRISKS & DEFICIENCIES
- Historic Maintenance Requirements
Built in 1900, this century-old structure may require significant ongoing maintenance, specialized repairs, or modern infrastructure upgrades typical of vintage properties.
- Compact Living Dimensions
With only 1,175 square feet of total living space split between two units on a small 2,614 square foot lot, the property offers limited interior room and minimal space for expansion or off-street parking.
About 212 Cedar Street
In the heart of downtown Santa Cruz, this versatile duplex puts you at the center of one of California's most vibrant and eclectic coastal communities. With two separate living spaces, the property offers exceptional flexibility for investors, owner-occupants or multigenerational living. The light-filled upper residence features 2 bedrooms and 1 full bath. Downstairs, a private studio with its own full kitchen and bath creates an ideal opportunity for rental income, extended family or guests. Outside, a lush and private backyard provides an unexpected urban oasis, with mature greenery, a relaxing sauna and inviting spaces for morning coffee, outdoor dining and gardening. Leave the car behind and enjoy easy access to downtown restaurants, shops and entertainment, with the Wharf, Boardwalk, beaches and West Cliff all close by. Whether you're looking to rent both units, live in one while generating income from the other, or create a flexible multigenerational home, this unique property offers an opportunity to enjoy the best of the Santa Cruz lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1900
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,175 | 1,703.516 |
| Lot Size | 2,614 | 6,974.558 |
| Price | $1.10M | $1.64M |
| Price per sq ft | $935 | $944 |
| Built year | 1900 | 1972 |
| HOA | $0 | $984 |
| Days on market | 22 | 43 |
Pricing History
Listed for Sale
Oct 2, 2026
$1,099,000
Initial Listing
Sold
Mar 2, 2022
$1,061,000
Public Record
Sold
Jun 14, 2017
$780,000
Public Record
Sold
Oct 25, 2000
$378,000
Public Record