409 Second Street
Sold 12/9/24
Sold 12/9/24
Description
- Listed by Steve Zirelli • DRE #01929245 • Brokerage DRE #00586119 • Cornish & Carey Commercial • 650-224-3118
- Listed by Joel Hopman • DRE #01934574 • Brokerage DRE #00586119 • Newmark Cornish & Carey
Property Details for 409 Second Street
Property Details for 409 Second Street
| Status | Sold |
|---|---|
| MLS # | ML81970014 |
| Days on Compass | 91 |
| Taxes | $24,777 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | RESIDENTIAL INCOME / Fourplex |
| Year Built | 1925 |
| Lot Size | 0.15 AC / 6,403 SF |
| County | Santa Cruz County |
Building Information for 409 Second Street
Property Information for 409 Second Street
- Fireplace: No
- Living SqFt: 4136
- Pool: No
- Security Features: None
- Special Features: None
- Cooling: None
- Heating: Wall Furnace
- Meters: Separate Electric
- Sewer Septic: Sewer - Public
- Utilities: Individual Electric Meters
- Water: Public
- Carport Min: 4
- Garage and Parking: Carport
- HOA Exists: 0
- HOA Fee: $0
- Area Text: West Santa Cruz
- Roof: Flat / Low Pitch
- Subclass: Fourplex
- Year Built Source: Assessor
- Street Number: 409
- Street Name: 2nd
- Street Suffix: Street
- Area ID: 43
- Number of Buildings: 2
- Structure SqFt: 4136
- Structure SqFt Source: Assessor
- Age: 99
- Zoning Detail: Multi-family
- Parcel Number: 007-213-02-000
- County Name: Santa Cruz
- City Name: SANTA CRUZ
- City Postal ID: 64
- Postal Code: 95060
- Elementary School District: 840
- High School District Text: Santa Cruz City High
- Foundation: Reinforced Concrete
- Horse Property: No
- Lot Acres: .15
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- No Of Leased: 4
- Annual Tax Amount: $24,777
- Building Unit Total: 4
- Capitalization Rate: 4.58
- Tenant Expenses: Utilities - Electric
- Income Includes: Laundry
- Vacancy Factor: 3
- Expense Insurance: $3,434
- Expense Landscape: $700
- Expense Maintenance: $3,000
- Expense Management: $0
- Expense Trash: $7,835
- Expenses Other: $1,000
- Expenses Utility: $1,999
- Expenses Total: $42,745
- Operating Expenses Include: Insurance
- Gross Rent Multiplier: 14.87
- Income Annual Gross: $143,544
- Income Annual Rental: $147,024
- Income Gross Scheduled: $147,984
- Income Other: $960
- Unit 1 Full Bathrooms: 1
- Unit 1 Number of Bedrooms: 1
- Unit 1 Rent: $2,800
- Unit 2 Approx Square Footage: 1000
- Unit 2 Full Bathrooms: 1
- Unit 2 Number of Bedrooms: 2
- Unit 2 Rent: $3,000
- Unit 3 Approx Square Footage: 898
- Unit 3 Full Bathrooms: 1
- Unit 3 Number of Bedrooms: 1
- Unit 3 Rent: $2,770
- Unit 4 Approx Square Footage: 1000
- Unit 4 Full Bathrooms: 1
- Unit 4 Number of Bedrooms: 2
- Unit 4 Rent: $3,682
- Unit Type1 Approx SqFt: 800
Property History for 409 Second Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 409 Second Street
Schools near 409 Second Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Bay View Elementary School PublicK to 5 | ||
Mission Hill Middle School Public6 to 8 | ||
Harbor High School Public9 to 12 | ||
Santa Cruz High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Cornish & Carey Commercial, Steve Zirelli, DRE #01929245; Newmark Cornish & Carey, Joel Hopman, DRE #01934574
Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.