1103 Mission Street, Santa Cruz, California 95060, Santa Cruz, - bed, 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
-
HOA
-
Days on market
60 Days
Sold On
2025-11-25
MLS number
ML82022999
Home ConditionFair
Features
Patio
View-
About this home
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
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (87 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,706 | 1,792 | 43% |
| Lot Size | 6,839 | 7,558 | 43% |
| Price | $899K | $1.5M | 5% |
| Price per square foot | $527 | $897.5 | 9% |
| Built year | 1938 | 9850985 | 16% |
| HOA | |||
| Days on market | 41 | 149 | 7% |
Condition Rating
Fair
Built in 1938, this property shows its age with very dated interior finishes. The bathroom, a key assessment area, features an old vanity, a toilet with an outdated seat, and 1970s-1980s style floor tiles, indicating a lack of significant renovation in several decades. The living area has older carpeting and a basic, dated light fixture. While the property appears to be maintained and functional, it requires substantial cosmetic updates and likely system modernizations to meet current standards. The absence of a visible kitchen suggests it is also likely in a similar dated condition. It is not in disrepair enough to be 'poor,' but it is far from 'good' due to the extensive need for modernization.
Pros & Cons
Pros
Rare PA Zoning & Multi-Use Potential: The property boasts rare PA Zoning, allowing for highly versatile multi-use development including commercial and residential components, which significantly broadens its appeal and investment potential.
Prime Location: Strategically located just minutes from downtown Santa Cruz and UCSC, ensuring high demand for both commercial tenants and residential occupants due to proximity to key amenities and educational institutions.
Strong Income-Producing Potential: The possibility of developing two income-producing residential units in addition to a commercial space (retail, office, or studio) offers substantial rental income streams for investors.
Excellent Live/Work Opportunity: Designed for an integrated lifestyle, this property presents an ideal live/work setup, catering to a growing market segment seeking convenience and efficiency in their daily routines.
Investment Ready & Versatile: Explicitly described as 'investment ready' and 'versatile,' indicating its immediate potential for various business models or personal uses without extensive initial setup delays.
Cons
Zoning Restriction for Residential Use: A significant constraint is the requirement for commercial use to be present for any potential residential use, which could complicate purely residential development or limit flexibility for future changes.
Age of Property: Built in 1938, the property is over 85 years old, suggesting potential for deferred maintenance, outdated systems (plumbing, electrical), and higher renovation costs to meet modern standards or codes.
Ambiguity in Property Type: The listing categorizes it as 'Residential' and 'Single Family Residence' while the description highlights 'Multi-Use Investment' with commercial requirements, which may lead to confusion and necessitate thorough due diligence regarding current legal use and conversion processes.

