Craftsman Duplex with
621 Sumner Street Santa Cruz, CA 95062
For Sale
$1,495,000
Pending
Turn-of-the-century duplex with two separate living areas, updated systems, and an adjoining redwood deck.
Property Size1,910 SF
Days on Market334
Property Features for 621 Sumner Street
General Information
Standard status
Pending
Size
1,910 SF
Property subtype
Multi Family
Building Details
Year Built
1908
Listing Agency:
Karon Properties
(310) 701-4779
Listed By:
Eli Karon · License #01732369
(310) 701-4779
Source:
Exitrealty
Added: Aug 31, 2025
Changed: Jul 23
Last Checked: Jul 29 at 5:48AM
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 Karon Properties
Investment Insights
Based on property information with market context.
Charming turn-of-the-century two-story Craftsman duplex offering two distinct living areas. The main level features a large kitchen and dining area, separate formal living and dining room, and an indoor laundry room. Recent improvements include newer plumbing and electrical systems, an on-demand hot water system, an upgraded foundation, and a new roof.
An adjoining redwood deck off the kitchen provides space for outdoor dining and relaxation. The upstairs level is described as a complete legal unit with its own bedroom, bathroom, and kitchen.
The layout is flexible and may suit a buyer looking for either a duplex income configuration or a single-family style setup. The property is located in the Seabright Beach neighborhood, noted as within a short stroll to shopping, dining, parks, the library, and the beach.
An adjoining redwood deck off the kitchen provides space for outdoor dining and relaxation. The upstairs level is described as a complete legal unit with its own bedroom, bathroom, and kitchen.
The layout is flexible and may suit a buyer looking for either a duplex income configuration or a single-family style setup. The property is located in the Seabright Beach neighborhood, noted as within a short stroll to shopping, dining, parks, the library, and the beach.
Key Highlights
- Turn‑of‑the‑century 2‑story Craftsman duplex built in 1908 in the Seabright Beach neighborhood
- Upstairs is a complete legal unit with its own bedroom, bathroom, and kitchen
- Large kitchen and dining area plus separate formal living and dining room
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.9k | $40.80 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $76.1k | $39.83 |
| − OpEx | −$22.8k | −$11.95 |
| NOI | $53.3k | $27.88 |
1,910 SF · lease $40.80/SF/yr · vacancy 2.38% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$760.7K
$665.6K – $887.5K
NOI $53,251 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$702.3K
$614.5K – $819.4K
NOI $49,163 @ 7.0% cap · market cap 3.29%
Theoretical Best
Retail
$1.09M
$955.6K – $1.27M
NOI $76,450 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turn-of-the-century duplex with two separate living areas, updated systems, and an adjoining redwood deck.
Where is this duplex located?
The property is located at 621 Sumner Street Santa Cruz, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Turn‑of‑the‑century 2‑story Craftsman duplex built in 1908 in the Seabright Beach neighborhood; Upstairs is a complete legal unit with its own bedroom, bathroom, and kitchen; Large kitchen and dining area plus separate formal living and dining room
