
Santa Cruz, California 95060
Analysis of 603 Mission Street, Santa Cruz, California 95060 is currently available with a list price of $2,700,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
This 1889 Victorian is well-preserved and currently functions as a professional office, but the interior finishes are dated. The kitchen/breakroom features older black appliances and basic cabinetry, while the bathrooms utilize older pedestal sinks and wallpaper. The wall-to-wall carpeting shows signs of wear, and while the property is well-maintained, the systems and fixtures reflect updates likely performed 20-30 years ago, requiring modernization to meet current residential standards.
The property consists of three parcels totaling over 18,000 sq. ft. with new zoning that permits multi-residential conversion, lot mergers, or future development projects.
Situated on a highly visible corner of a major thoroughfare, the site offers excellent exposure for professional use while remaining within walking distance to downtown shops and dining.
The inclusion of a separate structure with a legal residential unit above office space provides immediate rental income or a flexible live/work environment alongside the spacious Victorian main house.
Currently configured as a professional office, transitioning the 1889 Victorian into multi-family residential units will likely require significant capital investment and extensive permitting through the city.
Being located on one of Santa Cruz's most well-traveled roads may result in significant street noise and reduced privacy, which could be a drawback for certain residential or therapeutic uses.
New zoning allows for multi-residential. Rare opportunity to own a piece of Santa Cruz History. Located on a highly visible corner on one of Santa Cruz's most well-traveled roads yet walking distance to downtown restaurants and shops. This spacious Victorian house is currently used as an office and is 4,623 Sq. Ft. plus 200 Sq. Ft. of storage space, includes 6 private offices as well as several meeting rooms and breakrooms. City will allow conversion into multi-family. In addition, there is a separate structure with a legal residential unit on second floor above the private office space offering a great opportunity for live/work or great rental income. Established history with therapy and professional office users and possible uses to include live/work, group home / transitional housing/recovery facility. A total of three parcels included and totaling over 18,000 Sq. Potential to merge lots for future development possibilities. Buyer to verify with City of Santa Cruz for residential and developmental possibilities.
No exterior & parking available.
No sensitive facilities data found.
| 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 | 1889 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Aug 7, 2025
$2,700,000
Initial Listing
Dec 12, 2024
$2,950,000
Initial Listing