1450 Merrill St, known as Seadowns, is a three-building, nine-unit property that has been owned by the seller for 26 years. It is in close proximity to area beaches, East Cliff Drive, Pleasure Point, the Santa Cruz Small Craft Harbor, Sunday Live Oak farmer's market, Simpkins Swim Center and many… Read More local restaurants. The property contains ample outdoor space, providing a peaceful living experience for the renters. The property provides excellent walkability and bikeability. It also has 11 parking spaces, including 5 covered carport spaces. The coin-operated laundry is leased by the owner. The unit mix includes six 1-bedroom, 1-bath units (1-6) in the two-story building. Each of these six units has access to the outdoor space behind the building and has additional locked storage in the carport. Near the front of the property is a 2-bedroom, 1-bath unit (A) with a large fenced front yard, a 1 bedroom, 1-bath unit (B) with a fenced back yard and covered patio, and a stand-alone 2-bedroon, 1-bath unit (C). The owner has completed recent improvements including a new sewer lateral, new roof on the carport and laundry area, and fumigation for termites. Between turnovers, the Landlord has also painted the units, and updated appliances and fixtures, and installed new carpets. Read Less
Courtesy of Shoemaker Commercial Real Estate, Chris Shoemaker 831-247-2647
Listing Snapshot
Days Online
104
Last Updated
Property Type
Five Or More Units
Square Ft.
4,370
Lot Size
0.3 Acres
Year Built
1956
MLS Number
ML82017054
30 Days Snapshot Of 95062
$2.07M
+1%
(avg) sold price
21
+50%
homes sold
48
+84%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 12981.00, Max Area Units: Square Feet, Lot is 0.29800275482094 acres
Accessibility Features
None
Unit One
1 bedroom
Unit Two
bedrooms: 2
Building
4,370 structure square feet, Age: 69, Built in 1956, 3 buildings, Construction type: Wood Frame, 9 minimum units in complex
Cooling
None
Floors
Carpet, Laminate
Foundation
Concrete Slab
Garage
Carport, Parking Area
Water Features
Public
Heating
Wall Furnace
Tenant Pays
Utilities - Electric
Miscellaneous
Total expenses: 95409
Parking
6 parking spaces
Property
Zoning: RM-2.5
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $45,374
Sewer
Sewer - Public
Utilities
Master Gas, Master Water, Separate Electric, Individual Electric Meters
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