915 Cayuga Street, Santa Cruz, California 95062, Santa Cruz, 95062 - 4 bed, 3 bath
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915 Cayuga Street
Santa Cruz, California 95062
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,884Sq Ft
7,231Lot Size
Property Price
LIST PRICE$1,599,000
EST. MARKET VALUE
$1,672,782
4% BelowMARKET VALUE
SUMMARY
This Turnkey Triplex represents a High-Potential Investment Opportunity, listed at $1,599,000—positioned well below the $1,672,783 Fair Market Value by 4%. This valuation gap offers $73,783 in Instant Equity. Featuring a Condition Rating of 2, the property includes modern quartz countertops, updated electrical, and private outdoor spaces. Its prime Seabright location ensures high rental demand, making this a stable asset for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$1,672,782+$73,782 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 |
|---|---|---|---|---|---|---|
★ 915 Cayuga Street Subject | $1,599,000* List Price | 4 | 3 | 1,884 | $888 | - |
A 505 Hanover Street Sold | $1,720,000 | 4 | 2 | 1,840 | $935 | 0.1 mi |
B 203 San Juan Avenue Sold | $1,770,000 | 4 | 3 | 1,741 | $1,017 | 0.6 mi |
C 356 Chilverton Street Sold | $1,630,000 | 3 | 2 | 1,693 | $963 | 0.7 mi |
D 121 Chilverton Street Active | $1,449,000 List Price | 3 | 2 | 1,648 | $879 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (less than 5 years) featuring new quartz countertops, updated flooring, new windows, and fresh interior/exterior paint. Critical systems have been modernized with new electrical sub-panels, updated wiring, and a new furnace, meeting the criteria for a turnkey, maintenance-free condition.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
The property is fully updated with new windows, quartz countertops, and modern fixtures, plus Section 1 termite and sewer clearances, ensuring a maintenance-free transition for new owners.
- Prime Coastal Location
Situated in the highly desirable Seabright/Midtown area, the property offers exceptional proximity to beaches, the Boardwalk, and top-tier dining, driving high rental demand and lifestyle appeal.
- Versatile Income Potential
This triplex configuration with private outdoor spaces for every unit provides flexible options for owner-occupants seeking rental offsets or investors looking for a high-quality multi-unit asset.
CONSRISKS & DEFICIENCIES
- Compact Living Spaces
With a total of 1,884 square feet divided among three units, the individual living areas are relatively small, which may limit appeal for tenants or occupants seeking more spacious interiors.
- Limited Parking Infrastructure
The property features only one garage and a shared carport for three separate units, which could present logistical challenges for multiple households in a popular midtown neighborhood.
About 915 Cayuga Street
Located in the midtown community of Santa Cruz's legendary Seabright area this awesomely renovated triplex offers outstanding maintenance free prospects for investors, owner-occupants, or buyers searching for a second home with rental income capacity. Unit A features two bedrooms with an attached garage and laundry, while Units B and C offer one lovely bedroom each with a shared carport. All three units have private yards/outdoor spaces, perfect for relaxing and entertaining. Turnkey means new interior and exterior paint, new windows, quartz countertops, updated flooring, some new appliances, and new light and plumbing fixtures. All units have some updated wiring and new electrical sub-panels; the HVAC for Units A and B have been serviced/cleaned and a new furnace installed in Unit C. Section 1 termite and sewer lateral clearances, make this a true move-in ready opportunity. Experience nearby Tramonti, Lillian's, The Crows Nest, Cafe Palomar, The Buttery, The Crepe Place and Whole Foods. Enjoy midtown amenities with easy access to Seabright Beach, Ocean View Park, Shoppers Corner, the Boardwalk, the iconic Rio Theatre and the Santa Cruz Downtown Mall. Public transportation is nearby. The choices for lifestyle activities and possibilities are endless!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 7,231 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 4.0 | 3.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,884 | 1,697.986 |
| Lot Size | 7,231 | 6,864.608 |
| Price | $1.60M | $1.63M |
| Price per sq ft | $849 | $940 |
| Built year | 1964 | 1973 |
| HOA | $0 | $352 |
| Days on market | 19 | 38 |
Pricing History
Listed for Sale
Aug 21, 2026
$1,599,000
Initial Listing
Sold
Dec 29, 1995
$285,000
Public Record