Duplex With Private
For Sale
$3,050,000
Pending
300 Columbia Street, Santa Cruz, CA 95060
Two separate residences offer private outdoor space, including a yard with a jetted hot tub for the upper unit.
Property Size3,520 SF
Days on Market178
Property Features for 300 Columbia Street
General Information
Standard status
Pending
Size
3,520 SF
Property subtype
Residential Income
Zoning
Res
Site & Location
Neighborhood
Lighthouse
Units
Unit Mix
3BD/2BA, 2BD/2BA + bonus room
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$21,000
Amenities
private yard with jetted hot tub
Building Details
Building Size
3,520 SF
Year Built
1979
Buildings
1
Listing Agency:
FC Group Realty
Listed By:
Caroline Jepsen · License #01357574
(951) 970-3180
Source:
Fcgrouprealty
Added: May 5
Changed: Oct 26
Last Checked: Oct 26 at 3:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FC Group Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,520-square-foot duplex, built in 1979, contains two residences. The upper unit has 3 bedrooms and 2 bathrooms; the lower has 2 bedrooms, 2 bathrooms, and a bonus room that can serve as a third bedroom. Each residence has its own 2-car garage. A private yard and jetted hot tub accompany the upper unit.
The property is on Columbia Street in Santa Cruz, one block from the ocean and West Cliff Drive. Lighthouse Field State Beach and Steamer Lane Supply are nearby, with downtown Santa Cruz, the Wharf, the Beach Boardwalk, and coastal and mountain biking trails also noted in the surrounding area. Zoning is listed as Res.
The property is on Columbia Street in Santa Cruz, one block from the ocean and West Cliff Drive. Lighthouse Field State Beach and Steamer Lane Supply are nearby, with downtown Santa Cruz, the Wharf, the Beach Boardwalk, and coastal and mountain biking trails also noted in the surrounding area. Zoning is listed as Res.
Key Highlights
- 3,520‑square‑foot duplex built in 1979
- Upper unit: 3 bedrooms and 2 bathrooms
- Lower unit: 2 bedrooms, 2 bathrooms, and a bonus room that functions as a third bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,139
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,962,780
$2.0M
Cap Rate 7%
$1,401,986
$1.4M
Cap Rate 9%
$1,090,433
$1.1M
Market Conditions
NOI Build-Up for 3,520 SF
Gross rent
$143.6K $40.80/SF
− Vacancy
−$3.4K −$0.97/SF
EGI
$140.2K $39.83/SF
− OpEx
−$42.1K −$11.95/SF
NOI
$98.1K $27.88/SF
Area
Santa Cruz County, CA
Vacancy
2.38%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,962,780
Cap Rate 7%
$1,401,986
Cap Rate 9%
$1,090,433
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.23M – $1.64M
NOI $98,139 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,605 @ 7.0% cap · market cap 2.97%
Theoretical Best
Retail
$2.01M
$1.76M – $2.35M
NOI $140,892 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 95060, CA
47,931
Population
20,181
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
94%
High-School Grad
54.5 sq mi
ZIP Area
879
Density / Sq Mi
$106,040
Median Household Income
$46,231
Median Earnings
$2,356
Median Rent
$1,189,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private outdoor space, including a yard with a jetted hot tub for the upper unit.
Where is this duplex located?
The property is located at 300 Columbia Street Santa Cruz, CA.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: 3,520‑square‑foot duplex built in 1979; Upper unit: 3 bedrooms and 2 bathrooms; Lower unit: 2 bedrooms, 2 bathrooms, and a bonus room that functions as a third bedroom
