Hanover Street, Santa Cruz, California 95062

$1,799,000

Overview

Property ID: ML82049464

Duplex, Residential Income
Property Type

2.0
Garages

1840 Sqft
Area Size

1976
Year Built

Description

Santa Cruz duplex buyers searching for a move-in-ready income property with no deferred maintenance and a single-family home feel – this is the one. Finding a duplex that has been genuinely renovated, not just cosmetically refreshed, is one of the hardest searches in real estate. Updated surfaces, original bones. Aging galvanized pipes behind new paint. The fear of inheriting someone else’s deferred maintenance is real, and it is expensive. THIS property is different. 505 and 507 are two 2-bed, 1-bath units sharing a wall and have the same floor plan, both renovated, one side owner owner occupied, the other side tenant occupied at $3, 500 rent p/month. The bones were addressed first: copper re-plumb, new central heating, tankless water heaters, and dual-pane windows. The work no one sees is exactly what was done. The kitchen in 505 was rebuilt -dove gray cabinetry, quartz countertops, subway tile to ceiling, soft-close drawers, recessed lighting on dimmers. Both bathrooms torn down to the studs. LifeProof LVP flooring. New doors, fixtures, and baseboards. The lot holds extra space for an ADU, workshop, or garden may be possible. Buyers to do due diligence. The infrastructure and amenities are what separates this property from the field.