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120 Maple St - 120 Maple St 1,312 SF Specialty Building Offered at $1,259,000 at a 4.77% Cap Rate in Santa Cruz, CA 95060
Investment Highlights
- Historic Victorian architecture showcases timeless character and classic period details.
- Fireplace anchors the main living area for comfortable gatherings year-round.
- Soaring ceilings and abundant natural light create an open, inviting interior.
- Welcoming front porch and private rear patio provide versatile outdoor living spaces.
Executive Summary
This Historic Victorian Gem in Prime Downtown Santa Cruz has exceptional opportunities awaiting nestled in the heart of Santa Cruz. This 4 bedroom, 1 bathroom combines vintage character with an unbeatable downtown location, just minutes from the iconic Boardwalk and pristine beaches. Step inside to discover soaring ceilings that create an airy, expansive feel throughout this classic home. The inviting living space centers around a beautiful fireplace, perfect for cozy gatherings on cool coastal evenings. Abundant natural light highlights the home's period details and thoughtful layout. Outdoor living shines on both the welcoming front porch which is perfect for watching the world go by with your morning coffee and also has a generous back patio. The private rear outdoor retreat provides an ideal setting for afternoon barbecues or evening entertainment under the stars, offering a peaceful escape from the vibrant downtown energy just steps away. Positioned in the coveted CBD (Central Business District) zone, this property offers remarkable versatility for its next owner. Maintain it as a rental or convert it to your personal residence or explore the endless commercial possibilities the CBD zoning gives you. This home has the perfect combination of historic charm and location!
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$60,000
|
$45.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$60,000
|
$45.73
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $60,000 |
| Annual Per SF | $45.73 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $60,000 |
| Annual Per SF | $45.73 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,259,000 | Building Class | C |
| Price Per SF | $959.60 | Lot Size | 0.09 AC |
| Sale Type | Investment or Owner User | Building Size | 1,312 SF |
| Cap Rate | 4.77% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1885 |
| Property Type | Specialty | Opportunity Zone |
Yes
|
| Property Subtype | Residential Income | ||
| Zoning | CBD - Check with Santa Cruz City | ||
| Price | $1,259,000 |
| Price Per SF | $959.60 |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.77% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 1,312 SF |
| No. Stories | 1 |
| Year Built | 1885 |
| Opportunity Zone |
Yes |
| Zoning | CBD - Check with Santa Cruz City |
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 005-143-16-000 | Improvements Assessment | $212,482 (2025) |
| Land Assessment | $515,107 (2025) | Total Assessment | $727,589 (2025) |
Property Taxes
Parcel Number
005-143-16-000
Land Assessment
$515,107 (2025)
Improvements Assessment
$212,482 (2025)
Total Assessment
$727,589 (2025)
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120 Maple St - 120 Maple St