SOLDDEC 31, 2020

314 Spruce St
Santa Cruz, CA 95060

Local Information

  • Map View
    Explore the area around 314 Spruce St.
  • Street View
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  • Schools
    1 Elementary School
    1 Middle School
    3 High Schools
  • Crime
    High crime relative to the rest of the area.
  • Commute
    81% of residents commute by car.
  • Shop & Eat
    214 Restaurants
    37 Groceries
    55 Nightlife

Description

This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
Least expensive 5+ unit multifamily on the Westside! This ideally located 7-unit building consists of 6 studios & one 2-BR unit, is situated in close proximity to world-class beaches, Santa Cruz Beach Boardwalk, Santa Cruz Municipal Wharf, West Cliff Drive, Kaiser Permanente Arena & Downtown Santa Cruz. Stable rental history w/extremely low vacancy rates & tremendous rental upside. Separate water, gas & electric meters, nearly unheard of for multifamily investment properties. The well maintained property includes a newer 40-year roof & new sewer line, some newer H20 heaters & low maintenance landscaping. Located in the Santa Cruz Economic Opportunity Zone which may yield a stepped up basis f/capital gains & a permanent exclusion from taxable gains if the property is held for at least 10 years & meets Opportunity Zone requirements. Bring your 1031 Exchange buyers, investors who want stable income & less exposure to the volatility of the stock market & those who seek upside potential.

Home Details for 314 Spruce St

Year Built
1991
Parking
No Info
Price/Sqft
$489/sqft
HOA
None
Heating
Yes
Cooling
No
Outdoor
No Info
Laundry
No Info
Interior Features
Heating & Cooling
Heating: GasCooling System: None
Exterior Features
Exterior Home Features
Roof: Composition
Property Information
Year Built
Year Built: 1991
Property Type / Style
Property Type: Multi Family
Price & Status
Price
Price Per Sqft: $489/sqft
HOA
HOA Fee: $0/monthly
Lot Information
Lot Size: 6,054 sqft

Price History for 314 Spruce St

Event DetailsPrice
01/29/2021
ListingRemoved
CRMLS #ML81814139
$1.8M

01/13/2021
Listed For Sale
CRMLS #ML81814139
$1.8M

12/31/2020
Sold
MLSListings Inc #ML81814393
$1.55M

10/06/2020
ListingRemoved
Agent Provided
$1.8M

10/05/2020
Listed For Sale
Agent Provided
$1.8M

Price Trends

For homes in 95060
*Based on the
Trulia Estimate
$1,216,293
Typical home value
This home: $1,549,000 21% above*
$865
Typical Home Value by sqft
This home: $489 77% below*
Price trends provided by third party data sources.

Comparable Sales for 314 Spruce St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4.09
Multi-Family Home
$1,725,000
10/27/20
3
-
3,648
3.17
Multi-Family Home
$1,298,000
11/13/20
-
-
3,389
6.60
Multi-Family Home
$1,212,000
01/25/21
-
-
3,870
4.73
Multi-Family Home
$1,227,500
01/12/21
-
-
2,569
6.10
Multi-Family Home
$1,400,000
11/09/20
-
-
4,000
4.16
Multi-Family Home
$1,650,000
04/30/21
-
-
1,852
Home facts updated by county records

Assigned Schools

These are the assigned schools for 314 Spruce St.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Santa Cruz

  • Trulia User
    "I lived in this neighborhood for four years in my early twenties. I loved the access to the beach and the mountains, lots of students around but I never had any issues with partying in this area. It's expensive, but the overall feel of Santa Cruz cannot be beat for those who love the beach and laid back lifestyle. "
    2
    Flag
  • Trulia User
    "I live in the Mount Hermon part of Felton. I see a lot of people walking their dogs and stopping to chat and let the dogs say “hi” to each other. It is a very dog-friendly neighborhood. "
    6
    Flag
  • Trulia User
    "my commute is easy requiring no major freeway travel. In fact, it is only 8 miles to downtown Santa Cruz."
    2
    Flag
  • Trulia User
    "It is a beautiful forested location. It feels rural, but is close to everything. Uniquely beautiful."
    0
    Flag
  • Trulia User
    "Very safe area and close to all schools. People look out for each other. I walk and bike everywhere at all times and feel very safe. It is very beautiful around here with lots of healthy activities for all ages. "
    3
    Flag
  • Trulia User
    "Proximity to some of the beautiful, giant Redwood forests and state Parks (within walking distance). Beautiful area. Wonderful, caring neighbors who actually reach out and come to help if they see you have a problem... heavy boxy, fallen tree, electrical outage., etc. "
    3
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project

Homes for Rent Near 314 Spruce St

314 Spruce St, Santa Cruz, CA 95060 is a 3,168 sqft multi-family built in 1991. This property is not currently available for sale. 314 Spruce St was last sold on Dec 31, 2020 for $1,549,000.