215217 Roberts Street, Santa Cruz, California 95060, Santa Cruz, - bed, bath
ACTIVE UNDER CONTRACT$995,000
215217 Roberts Street, Santa Cruz, California 95060
2Beds
2Baths
1,338Sqft
2,831Lot
Year Built
1898
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81877995
Home ConditionFair
Features
Patio
View-
About this home
Duplex on a private cul-de-sac in close proximity to downtown Santa Cruz, the beach, river walk, Warriors Arena and Boardwalk. Property features two one bedroom units, storage/workshop space, laundry facilities, 4 extra storage rooms, sunny cement patio, and separate PG&E meters. Recent upgrades include a new roof, exterior paint, and plumbing upgrades. Great for either an investment property or for owner occupied. This quiet location is close to all the great things Santa Cruz has to offer. Property is located in an opportunity zone.
Price History
Date
Event
Price
02/11/22
Listing
$995,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (87 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 18% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,338 | 1,792 | 26% |
| Lot Size | 2,831 | 7,558 | 8% |
| Price | $995K | $1.5M | 7% |
| Price per square foot | $744 | $897.5 | 28% |
| Built year | 1898 | 9850985 | 3% |
| HOA | |||
| Days on market | 1363 | 152 | 99% |
Condition Rating
Fair
Built in 1898, the property has received recent essential upgrades including a new roof, exterior paint, and plumbing, which are positive for its structural integrity and exterior condition. However, the interior, specifically both kitchens and bathrooms, are significantly outdated with tile countertops, older appliances, basic fixtures, and dated flooring/tiling. While functional and clean, these areas require substantial cosmetic updates to meet current aesthetic standards. The carpets also appear older. The property is livable and maintained but shows clear signs of being aged and not having undergone major interior renovations in many years.
Pros & Cons
Pros
Income Potential & Flexibility: As a duplex with separate PG&E meters, the property offers strong investment potential for rental income or a flexible owner-occupied scenario.
Prime Santa Cruz Location: Situated on a private cul-de-sac, it boasts excellent proximity to downtown Santa Cruz, the beach, river walk, Warriors Arena, and Boardwalk.
Recent Capital Improvements: Key upgrades including a new roof, exterior paint, and plumbing reduce immediate maintenance concerns and add value.
Opportunity Zone Designation: Its location within an Opportunity Zone provides potential tax benefits for investors, enhancing its appeal.
Ample Auxiliary Space: The property includes valuable additional features such as storage/workshop space, laundry facilities, and four extra storage rooms.
Cons
Historic Property Age: Built in 1898, the property's age may present ongoing maintenance challenges and potential for unforeseen issues despite recent upgrades.
Limited Unit Configuration: Consisting of two one-bedroom units, this configuration may limit the target tenant demographic or rental income potential compared to multi-bedroom units.
Extended Market Time: The property has been on the market for an extended period (since February 2022), which could indicate challenges with pricing or underlying property issues.